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by roymurdock 3169 days ago
Is there a a good definition for companies in the "fintech" space? Is it anyone building a product that lets consumers/enterprises receive and send payments over mobile/desktop/internet rather than physically going into a branch?

Curious as it seems to me (uninformed) that basically all banks already have fintech offerings and are built around networking and payments technology at their core.

1 comments

I think fintech (like "edtech") is a little bit nebulous. I would say anything involving handling money is fintech. So stuff like Venmo or Robinhood. I would even go so far as to say certain data science companies are fintech in that their offerings cater to financial institutions.