Disrupting Financial Services: A Breakdown on Startup Driven Innovation in FinTech

David R. Prasser, StartUps The finance industry has arguably experienced more innovation than any other sector. Financial technology has brought many novelties to today’s society, continuously changing the way we handle monetary operations. FinTech startups introduce even newer alternatives, challenging traditional banks to step up their innovation effort while offering a chance to collaborate.

As 60% of traditional firms are seeking partnerships with FinTech startups on a global level, it is not surprising that the cash flow in the industry is vivid: In 2016, a total amount of 22 billion Euro was invested in FinTechs worldwide.

http://magazine.startus.cc/disrupting-financial-services-breakdown-startup-driven-innovation-fintech/

Source: LinkedIn

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