A lot of investment has been flowing in to the area of fintech. However, not allthis investment may be rightly used. A venture capitalist or any investor needs to understand the value to separate the chaff from the grain. Proposals that have blockchain, big data and financial services generally stand out. Social media is another decent bet. One however, needs to stay clear of a lot of illegal activity that is taking place surrounding bitcoins. Fintech does not always help the unbanked either, though it has made an impact in some markets. An upcoming field of investment here is in robo- advisers. They are quite adept at business analytics, which they can master using the data hoarded by firms in general these days.

Source:https://knowledge.wharton.upenn.edu/article/fintech/

Uploaded Date:20 May 2019