What Fintech Means For Those “Underbanked” Global Communities

Written by reputio | Published 2019/12/29
Tech Story Tags: fintech-top-story | underbanked-communities | peer-to-peer-lending | good-company | banking-the-unbanked | fintech-hubs | fintech-for-the-unbanked | what-fintech-means

TLDR Financial technology, also known as fintech, is becoming the go-to financial system worldwide. Fintech refers to the act of using the internet, mobile devices, software technology or cloud services to perform or connect with financial services. It includes crowdfunding platforms, payment platforms, cryptocurrency, robo-advising, budgeting apps, and online trading. In Africa, Latin America, parts of the Middle East, and Asia, it could be the single biggest gamechanger of the century. The world’s “underbanked” population is for financial service providers a global market worth $380 billion.via the TL;DR App

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Written by reputio | Covering disruptive stories
Published by HackerNoon on 2019/12/29