How Startups Are Disrupting the Financial Ecosystem
Disruptions in financial services are nothing new, but the rate at which modern technological advancements are changing the landscape is unprecedented.
The last time established financial giants were forced to adapt to such sweeping changes was in the era of the dot-com phenomenon. The sudden blooming of the internet as a business platform heavily disrupted the preexisting financial order - but it was only a precursor to the fintech revolution that we are living through right now.
To paint a clearer picture of how this emerging startup financial model is threatening to upend the world order, we have braved a deluge of the latest, most relevant research data. Our goal: to pick out the most relevant and fascinating financial facts, bringing them to you in a modern-looking infographic that mixes art and statistics into a source of accessible, important information.
The graphic results appear below. Our infographic encompasses all the significant disruptions that fintech solutions are causing in the world of finance. Whether we’re talking about mobile wallets and cashless transaction systems or the rise of blockchain and AI, all the key facts and figures about finance startups are right here.
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I have always thought of myself as a writer, but I began my career as a data operator with a large fintech firm. This position proved invaluable for learning how banks and other financial institutions operate. Daily correspondence with banking experts gave me insight into the systems and policies that power the economy. When I got the chance to translate my experience into words, I gladly joined the smart, enthusiastic Fortunly team.
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