We are still at the earliest stages of true FinTech as the future impact of cloud computing, IoT, artificial intelligence, and blockchain cannot even be estimated yet. Each year, tech companies are digging deeper into the financial services value chain and also creating new market structures in underbanked developing countries. Pure FinTech players are now sharing the market with some banks which provide new, digital-friendly banking services and integrate digital payments, microfinancing, and robo-advisor services into existing bank accounts.
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Credit Kudos develops software that uses consumers’ banking data to make more informed credit checks on loan applications.
Fincura is a cloud-based platform that automates the processing of commercial loan data by transforming financial documents into insights for commercial lenders.
Finomial automates the hedge fund subscription process and provides investor analytics on compliance, marketing, and investor relations.
Pry is the first real alternative to Excel for pro forma financials. One platform for financial forecasting, headcount planning, and KPI dashboards.
The Giving Block offers users a marketplace to make donations to more than 1,300 nonprofits via cryptocurrencies.