fintech-startup
What Business Model to Cherry-Pick for Your Fintech Business
Before we get straight into the topic, first, we need to clarify what the concept ‘business model’ implies. In simple terms, it’s the company’s plan for making money. This profit generation strategy usually incorporates the following components: products/services identification, target audience definition, and prior expenses calculation. Altogether, these parts at the focus of the business will …
20 Fintech Companies That Will Continue To Dominate The Fintech Market In 2021
With more than$34.5 billion scooped in funding, there’s no denying that the global fintech market is growing larger by the minute. And, while one can cuddle with this comforting thought while planning their next bold move into the ruthless world of startup endeavors, we can only recommend you to step back and take a closer look. As always, where there’s Big money involved, there’s also ruthless …
7 Elements To Keep In Mind When Launching A Fintech Startup
It’s boom time for fintech. The market is enjoying a huge wave of interest and new products are being launched constantly, many of which are transforming the way businesses and consumers think about finance. But the market isn’t flooded yet. Do you have an exciting idea for a new fintech product? There couldn’t be a better time to launch it - but starting, developing, and launching a fintech …
Budget allocation and management in a fintech startup: the quick-start guide
It pays dividends to think well in advance about the potential problem areas in the app development lifecycle. By considering issues, risks, and resource requirements ahead of time, you can help to ensure that your development process is as smooth and as cost-effective as possible. Here, we’ll look at the fintech app development lifecycle in more detail, and think about the areas that should be …
Fintech Risk Management: Protecting Your Company In A Crisis
COVID has reshaped the global economy, and fintech startups are not immune. The enormous global downturn has put pressure on businesses in every sector, and many are struggling to survive. But the pandemic is not the only crisis fintech has faced or will face. Some of those crises are external, as with COVID, but many are caused by internal factors. Risk assessment and risk management are key for …
Contactless Payments To Outgrow A Mere Means Of Combating COVID-19 In The US?
The United States of America can be so many things: the land of the free, home to the bold, a promised land of equal opportunities – the list can go on indefinitely. What the US is not, however, is a country with a flexible, adaptive, and future-oriented banking system. Or so it seemed, until the pandemic and the following lockdown. Take one of the FinTech industry’s latest buzzwords, contactless …
How Can Your Business Get Started With Card Issuing: Tips From The Field
Payment cards are booming. In the UK, startups like Curve, Pleo, and Soldo are enjoying huge success by reimagining the uses of the humble debit card, and the number of businesses providing either physical or virtual payment cards as a core part of their offering is rising exponentially. And the most surprising thing about those businesses? Virtually none of them are traditional banks. This …
What Your Digital Payment Strategy Is Recklessly Missing
The digital payment landscape is developing fast. Your customers want to do the shopping where, how, and when they wish. They look to buy from merchants they trust and with a modicum of effort. They expect a seamless and quick checkout experience. In this context, digital wallets answer all the requirements, and their vigorous growth in popularity is yet another proof. Currently, around 2.3 …
How to Find Business Investors and Make Them Invest in Your Idea
These days entrepreneurship isn’t boiled down to individuals joining family businesses or turning into part-time business(wo)men to make the big bucks and live the high life. The ‘giving back to society’ concept has apparently taken precedence among businesspeople allowing them to demonstrate acumen and know-how to build creative solutions and so address at least one of the …
Dozens App Is Named a Gamechanger by Startups 100 Index
Dozens — a digital branchless financial institution, the technical partner of which is Dashdevs, entered the UK Startups 100 Index with the top 25th position. The Startups.co.uk entitled Dozens a game-changing product for its approach to making financial services affordable for most customers. Hip-hip and hurray! The fintech startup aims to help its customers with money management in the most …
The Fintech Revolution
When we hear or read of failure, we usually remember our hard times or even some painful situations. Our unconscious fear of fatality raises in our minds. But we also know that failures happen, and if we learn from them, we gain experience. We learn from doing and become wiser by overcoming failures. The tricky thing is that we will rather see opportunities for growth and improvements from …