How Do FinTech Companies Make Money
Digital transformation is happening throughout all industries, and the financial sector isn't an exception. Many financial institutions are now digitizing operational procedures through data analytics. With digitalization, companies can keep up with the latest market trends and stay ahead of the curve. It also enables customers to put a premium on digital convenience over traditional bank services. As a result, several financial technology (FinTech) companies are thriving rapidly. Here's how they're generating revenue nowadays.