Will Defi help FinTechs become self-driving?

Ultimately, DeFi will enable financial products to become self-driving, for which fintechs should be prepared. The infrastructure that underpins financial systems, such as payment systems, clearinghouses, and data networks, is critical in enabling the smooth functioning of fintech solutions.

What are the characteristics of FinTech?

One of the defining characteristics of fintech is its supra-national nature. Fintech solutions can transcend borders and provide services to customers around the world. As such, fintechs must prioritize cross-border coordination and sharing of information and best practices.

Why should you invest in FinTech solutions?

This will empower customers to make payments swiftly and conveniently, ultimately driving higher adoption and usage of fintech solutions. One of the defining characteristics of fintech is its supra-national nature. Fintech solutions can transcend borders and provide services to customers around the world.

Can FinTechs create a more inclusive and competitive ecosystem?

By modernizing and opening up financial infrastructures, fintechs can create a more inclusive and competitive ecosystem. While fintech's growth in developed markets is undeniable, even more significant potential for growth lies in developing economies.