What is Fintech and how can it help financial inclusion?
Posted: Sun Jan 26, 2025 6:18 am
According to the National Securities Market Commission (CNMV) , fintech encompasses a wide range of financial activities. All those that use technology to improve and automate financial services and processes . They have emerged in response to the demands of consumers, who are looking for more efficient and accessible solutions in the field of finance.
Both traditional financial institutions and new fintech companies, which operate at some point in the financial services value chain, can participate in these activities.
These companies offer innovation, improve user experience and provide mobility in financial management.
Fintech startups often collaborate with or are acquired by traditional financial institutions to enhance their technological capabilities.
Types of Fintech
Fintech companies can be classified into different afghanistan whatsapp data groups depending on the type of products or services they offer:
Asset management and advice.
Automated advice and management : Platforms that use algorithms and artificial intelligence. They offer advice and capital management to clients in an automated manner.
Social trading : Platforms that connect investors with professional traders. They allow the exchange of financial information and the automatic emulation of other people's investment strategies.
Personal finances.
These platforms help consumers manage their personal finances and compare different financial products.
They offer detailed information on accounts and financial products tailored to the user's needs.
Alternative financing.
Fast online loans : They provide loans to individuals and companies in an agile manner through digital platforms.
Both traditional financial institutions and new fintech companies, which operate at some point in the financial services value chain, can participate in these activities.
These companies offer innovation, improve user experience and provide mobility in financial management.
Fintech startups often collaborate with or are acquired by traditional financial institutions to enhance their technological capabilities.
Types of Fintech
Fintech companies can be classified into different afghanistan whatsapp data groups depending on the type of products or services they offer:
Asset management and advice.
Automated advice and management : Platforms that use algorithms and artificial intelligence. They offer advice and capital management to clients in an automated manner.
Social trading : Platforms that connect investors with professional traders. They allow the exchange of financial information and the automatic emulation of other people's investment strategies.
Personal finances.
These platforms help consumers manage their personal finances and compare different financial products.
They offer detailed information on accounts and financial products tailored to the user's needs.
Alternative financing.
Fast online loans : They provide loans to individuals and companies in an agile manner through digital platforms.