Are you ready for the Fintech revolution? It is already here
Payments are probably the first market where start-ups successfully challenged traditional banks. Companies such as Monzo, Revolut, TransferWise, Stripe or HiFx quickly gained market share for local and international payments offering low or no transaction fees. These new services obliged banks to adopt new digital strategies to remain competitive. Now, lending and wealth management are the next sectors where startups and digital platforms are quickly stepping up.