If mentioned the sectors which have been essentially disrupted by the advent of technologies, financing would no doubt be at the top half of the list. The Finance industry has always been a complex sector to address and build solutions for, however, towards the start of twenty first century, the scenario started to change significantly. Digital solutions and software readily started to flood the market and suddenly everyone was running after a comprehensive solution that could streamline the plethora of regulations involved, interconnect the various systems in a payment gateway, thereby providing a seamless customer experience.
With ‘money’ being the controlling factor for the operation of any industry and as well as our daily lives, it’s natural to comprehend that the possibilities of fintech are seemingly endless. From providing a quality digital interface to transfer and receive money, to store cash in digital wallets, and streamlining banking processes, fintech solutions have almost become an essentiality today. Organizations have been quick to adopt this trend and are increasingly spending millions on startups and SMEs that are providing breakthrough fintech solutions, as an attempt to streamline their vastly complicated accounting processes and put their focus on their core operations, with a ‘peace of mind’. The race is on, as more and more providers are coming up with software solutions incorporating advance technologies like AI, Big Data, cloud, and more to move ahead of their peers and provide clients with the best, advancing the very industry altogether.
To give a more comprehensive view of the fintech industry and its immense potentialities, we bring to you our next issue—‘Top 25 Fintech Companies - 2017.’ A panel of industrial experts and executives has diligently collaborated with our Editorial Board to curate this list, with an aim to provide organizations with clarity in choosing their ideal fintech partners.
