FinTech (Financial Technology) is an industry that is making a big splash in the financial sector. For those who have never heard of FinTech, it encompasses the use of computers and many other forms of technology to improve, support, and enable banking and financial institutions to provide better financial services to their customers.
Since the summer of 2017, many FinTech apps have been rising up. Those who are interested in the financial sector need to start paying attention to these apps and learning all they can. With this information, you can learn about 5 awesome FinTech apps that are really changing the way the financial world operates.
These FinTech Apps Are Amazing
Zelle is a P2P app that allows individuals to send money to their friends and family. I use this app to collect rent from my tenant and I like it because I receive the funds
SquareCash allows you to send money to your friends, family, or just about anyone you choose. This FinTech app even allows for Bitcoin transfers. Users really like the fact they can send money to those who do not even have a SquareCash account.
3. Bitcoin Wallet
Bitcoin Wallet has become a favorite among bitcoin users because of its ease of use. This free Fintech app is making a big splash among bitcoin users. As bitcoin usage grows in popularity, it is sure this app will continue to rise in growth.
4. Credit Culture
Credit Culture is an up-and-coming FinTech company that is launching to help individuals obtain a faster loan than through traditional bank sources. The loan application process is fully online so it is less stressful for borrowers.
iZettle is a FinTech app that helps small business owners. This app allows small business owners the ability to accept debit and credit card payments by using a smartphone or tablet. This app makes small business payment processing much easier for owners.
Why Is FinTech Such a Popular Subject Right Now?
FinTech officially became a word in the summer of 2017. Since then, apps and websites are rising up, helping to make financial services much more attainable for banking institutions and users alike.
It is clear 2019, FinTech innovations will continue to drive financial services. The apps that are rising up are amazing to witness. The goal of FinTech is to address consumers’ financial needs as much as possible via automation.
Not only does FinTech encompass new rising stars in the financial industry, it has also seen amazing initiatives coming from already established financial services companies that are rising to the challenge these new FinTech competitors are bringing to the table.
It will be exciting to see which FinTech apps rise to the top and which ones become favorites. This ever-changing financial landscape is creating more opportunity than ever before in the financial sector. Which minds will rise up and create the financial apps of the future? Which companies will take on the challenge and work to provide their customers with the true financial solutions they are in need of now?