fintech

Fintech innovations wont come from institutional banking

 Fintech innovations wont come from institutional banking

The financial industry is one of the hardest to disrupt due to factors like data security, regulation and legacy system. We have to look back 16 years to see a tech company who succeeded in that segment.
In 2000, PayPal pivoted to focus on payment processing. Since then, I haven’t see any Fintech company being able to make a dent on the industry the way PayPal did.