Strategies for Building Goal Winning Fintech Company

What is a Fintech Company?

Gone are the days when people stood in long queues outside banks, post offices, cooperative societies for different financial services. With the turn of the century, a lot of progress has been made in terms of how we manage our finances. The word Fintech means Financial Technology. It covers an array of software that automates a lot of financial transactions such as lending, payments money transfer, etc. and allows businesses to utilize modern technologies for such services. It is also quite appealing to the millennial customer base.

Comments

KYC Analysis Software for Digital Lending | ScoreMe Solutions

KYC Analysis software assists companies in streamlining ‘Know Your Customer checks. They are required by an increasing number of industries, including finance, and cryptocurrency exchanges for legal procedures. KYC software helps businesses comply with various Know Your Customer (KYC) regulations. It helps prevent penalties for noncompliance and speeds up the process of customer verification, allowing banks to onboard more clients without incurring additional costs. Let us now proceed to understand the following: What is KYC? What is KYC analysis software ? What are the key features of KYC analysis software? What is KYC software? Banks use Know Your Customer software to help them authenticate their clients, users, employees, and so on. It assists businesses in better understanding their customers by conducting checks using reliable sources of data, information, and documents. KYC checks are used to detect criminal activity and fraud such as money laundering....

Top FinTech companies in India | ScoreMe Solutions

FinTech Technologies are firms that help consumers and financial institutions enhance old services and create automated financial solutions. The services include wealth management, insurance, payment gateways and alternative credit scoring, among other financial services. The expansion of Fintech companies in India has been revolutionary. India saw a spurt in the number of Fintech startups between 2010 and 2015, with 1216 new startups emerging in the market. In 2021, Indian Fintech ecosystem stood at $31 billion, becoming the third largest Fintech market in the world. With digitization leading us toward a cashless economy, Fintech startups have made it possible for customers to avail virtual financial services that are easily accessible, cheaper and quicker. New startups are emerging at a fast pace to enhance the quality of banking and other services, not just for the consumer, but also for organizations. Top services offered by FinTech in ...

Top 10 FinTech Companies in India

1. Pine labs The unicorn makes point of sales (POS) machines and has tie-ups with more than 70000 retailers in India, including Pantaloons, Westside, and Shoppers Stop. POS machines help merchants process payments done through credit cards and debit cards, keep track of sales, and streamline the processes of the business. Marquee investors, such as Sequoia Capital and New Atlantic Ventures have invested in this Noida-based fintech. 2. CRED It is a rewards-based credit card bill payment platform. CRED lets users pay credit card bills, keep track of their credit score, make regular house rent payments, and provides short-term credit lines. Based in Bangalore, CRED supports credit card bill payments for American Express, Standard Chartered, Citibank, HSBC, HDFC, ICICI, SBI, AXIS, RBL, PNB etc. The platform supports VISA, MasterCard, American Express & RuPay cards. Investors like Sequoia Capital India, Ribbit Capital, DST Global, and Alpha Wave Global have invested in CRED...

Scoreme

Search This Blog