They have figured out new ways to send money, and to lend it. They have analyzed data to better predict who can repay a loan–and who will. They can make credit decisions in minutes, not months, and get money into a business’ bank account before the end of the business day.
just like the waves in the ocean, every wave of expansion in business is followed by a pullback
They are financial technology companies and, since the global recession, hundreds of FinTech companies have been created around the globe to make finance more efficient and more effective in sectors from ... (read more)