In the last few years, the financial services industry has undergone a rapid, volatile transformation. Widespread connectivity, mobile phones and cloudbased apps have changed how services are conceptualized, consumed and delivered. Never in our history have humans had so many options to invest, borrow or access money. Never before have we had such speed, control and convenience when it comes to managing our money. All so we all can live in a world where, if you were so inclined, you could purchase, finance and insure pretty much whatever you wanted, entirely from your living room sofa.
And it’s all thanks to the billion-dollar engine at the center of it all, fintech.