2020 was a year almost everything changed for most of the industries, but there is one that was affected especially severely, yet it manages to adapt. Trade fairs and conferences, including FinTech events, went 100% online and you can still take part in most of them. Moreover, thanks to dedicated platforms, it’s now easier and more accessible than ever.
The COVID-19 epidemic turned the world upside down. Many of us think extensively about safety and security. That’s where financial insurance companies come in. They offer a feeling of having a safe bay in times of uncertainty. Some of them will face challenges because of the uneven funding or promoting already established InsurTechs. Some of them will need to rethink business models. Here’s the list of the most promising InsurTech companies to watch in 2021.
If you save or invest your money in more than one place, you may be annoyed with how bothersome it is to check and analyze what is going on with your assets, especially in real time. But logging into alt least three different platforms, checking the values, entering data into the spreadsheet is just pointless, when you can use asset management software. Read more to find out what it is and how it can make your life easier!
An old classic financial institution with multiple physical branches competes with the agile and low-cost mobile-only bank. Possible hundreds of years of tradition versus a few years or even a few months on the market. And yet, the mobile bank is on the rise, attracting users left and right; like a moth to a flame. They know their issues will be addressed quickly and every operation will take minutes, sometimes even seconds. If so, why many FinTech startups pivot early on and change the product? What common mistakes do they make?
Imagine you could change the world with a single act. A brief moment, a statement that changes the landscape for generations to come. And it’s not an act of desperation but rather convenience. It’s not a political statement but a consumer one. This is how Generation Z takes us to the world of cashless and instant-response society with a simple act of tapping the “Pay now” button. What do these people need and pay for, what are Generation Z’s spending habits?
Can you make money by serving people of humble means? Can you sustain a business addressed to people outside of the global financial system? Limited market opportunities and few coins in the pocket don’t have to be a dead end. As Bill Gates once said: there’s a difference between banks and banking. If you need proof that FinTech companies can provide quality services to customers despite their financial status, look at neobanks in Africa.
After taking a closer look at FinTech accelerators in Tel Aviv, Berlin and London, we’re going on a quick trip to the banking capital of the world—Zurich. Apparently, this Swiss city is a popular spot for FinTech startups and institutions that help them break ground. We selected some of the most interesting ones and here’s what we found out.
Two reports, two gold mines full of data, insights, and conclusions. The Paypers’ report and the McKinsey’s report offer a thorough analysis of ways people have used their mobile devices in 2020. For complete analytics, we send you over to these sources. For everything else—major changes, global trends, behavioural shifts—we ask you to stay with us. Here are both reports in a nutshell, with key data about preferred online payment methods in eCommerce and our in-house commentary.
The year 2021 will be all about personalization, integrations and connections. Customers want to experience, not just use digital products and they want a broader spectrum of services. That’s why FinTech companies are joining forces with firms offering added value. Finally, people expect connection with other people. Companies who will create communities around their products will win people’s minds and wallets. Recently, we wrote about FinTech trends for 2021, now let’s talk about top FinTech companies to watch in 2021.
You don’t have to be a millionaire to invest in stocks, currencies or even precious metals. Trading has been a widely available option for decades, but thanks to web based platforms it’s now easier than ever. Such platforms are also great examples of FinTech in practice: how they are made, how they work and what are their best features depends both on the market needs and what their creators can actually offer. Let’s take a look at some of the most popular online trading platforms to find out why they have succeeded.
The year 2020 has brought many breakthroughs. The massive shift towards remote work has proven things can be done, even if people don’t work face-to-face. The prolonged lockdown has probably changed customer spending habits forever and has impacted many industries, not only e-commerce. Meanwhile, the FinTech stage has grown exponentially, bringing comfort and convenience to everyone, even the unbanked. What will the industry look like next year? Here is our list of the most interesting FinTech trends in 2021.
We’ve already analysed the most impressive FinTech accelerators in Tel Aviv and in London, but we’re not planning to stop. This series of articles will be a frequent visitor on the Code & Pepper blog and we’re going to keep them all up to date. This time, let’s take a trip to the capital city of Germany—Berlin—where cultures mix, currywurst is everywhere and so are FinTechs. Come along and take a closer look at FinTech accelerators in Berlin!
Many sports fans have a saying, often expressed on a wall of their neighborhood building: “you will never walk alone”. It shows the mass support of the entire ecosystem designed to help the team. The same goes for InsurTech—the future of the industry lies in platforms and ecosystems. Everything in favour of interconnected services, giving the user the ultimate experience.
In business, good enough is often not enough. Many people are turning away from incumbent financial institutions because traditional banking can’t provide the level of services they are actively seeking. Meanwhile, FinTech startups introduce innovative service offerings almost every month. Investors keep their eyes open, they don’t want to miss a potential unicorn. Here’s a list of important FinTech investment trends to watch—maybe they’ll bring another industry star.
InsurTech stands for insurance technology, but this term can still be considered pretty abstract. After all, how can cutting edge technology work in the insurance industry? As with all innovative ideas, there are many ways to reach the goal. Read on to learn all you need to know about InsurTech industry: its history, how it’s used to make life easier and accelerate business, and what its future is going to look like!
Digital transformation is like taxes or iPhones: present everywhere. Despite many CEOs, CTOs and CIOs being interested, not all of them have a clear picture. In reality, it’s not only about technology. It’s a tool that enables teams to work efficiently, creating even more valuable products. But first – security.
Every digital business needs a reliable toolset that will support its operations. And for many of them, online payment processing platforms are essential: according to a 2018 survey, 62% of UK’s small and medium enterprises use digital solutions to make or accept payments. However, choosing among a plethora of payment processing companies is not a breeze. This one decision can have serious implications in multiple areas, starting with customer experience, transaction security, and even your business cash flow.
Payment technology remains one of the most dynamically developing sectors of FinTech. Its disruptive potential and versatility make it the perfect breeding ground for innovation, actively redefining digital experience in finance. However, challenging the status quo comes with a package of challenges in their own right. When coins changing hands are replaced by bitcoin trading platforms and wads of cash are turned into digital wallets – how well is your business prepared for the ultimate digital-first future?
With over 80 percent of financial services companies in the UK investing in open banking products and services, it is safe to say that open banking has revolutionized the financial landscape. FinTech firms can now benefit from open APIs that enable them to customize apps and services based on their business requirements. These top third-party open banking apps provide companies in the FinTech space with real-time data insights to facilitate payments and enhance customer experience.
According to its origin myth, FinTech was born out of the global financial crisis and the huge behavioural shift it had brought. Fast forward another 10+ years, and we are on a brink of another economic twist. This time with a slightly different cocktail of inhibitions and attitudes. Although creative and agile by definition—are all FinTechs equally equipped to withstand the blast of a market shakeout? Another week into the general lockdown, the industry’s resilience and adaptability meets trial by fire.
FinTech has been on the rise since the turn of the 21st Century and analysts estimate the sector’s revenue generation will reach $4.8 trillion in 2020. A healthy mix of traditional banks and upcoming startups give the industry a strong outlook for future growth. Successful cross-platform FinTech apps reach users across as many platforms as possible, including iOS, Android, and Windows OS. Frameworks like .NET Core, React Native, and Flutter are helping to make this happen. Let’s dive into how you can emulate some of the best financial apps that run on all platforms.
Tel Aviv is home to dozens of accelerator programs designed to equip founders and startup companies with business training and industry know-how. With them, you’ll not only start the right way but also the big way. Not every program is the same, though. Which FinTech accelerators are worth your while and would be a good match for your business? Take a look at the lucky 13 of the best accelerators you can find in and around the hot & breezy city of Tel Aviv.
London is a sprawling economic hub that boasts a mind-boggling 750 FinTech companies. The “Big Smoke” represents 84 percent of the UK’s VC, CVC, and PE investment volume, making it a desirable place for startups to find their financial feet. Looking for investors? Connections? Opportunities? Here are 8 FinTech accelerators in London you need to know about in 2020.