Fintech, open banking and beyond

Today startups present new ways of processing payments, raising funds and borrowing money. Yet, for the first time, the services offered are not an enhancement of traditional banking services but can efficiently replace them, threatening the main financial institutions. In 2017, the total transaction value in the fintech market amounted to $3,300,958m, with the “digital payments” segment accounting for most of it.

We explore further.