Financial technology, also known as Fin-Tech, is an industry composed of companies that use new technology and innovation with available resources in order to compete in the marketplace of traditional financial institutions and intermediaries in the delivery of financial services.Financial technology companies consist of both startups and established financial and technology companies trying to replace or enhance the usage of financial services of incumbent companies.
In these days Bangalore is coming up with some new startup ideas which is really helpful for the students.
Mission of the fin-tech company in Bangalore is to simplify payments for the young. With changing times, we strive to make payments smarter and simpler. We as ex-college students saw our current payment channels to be lengthy and often inaccessible, especially for students, who do not enjoy as much financial freedom.
We plan to build on it, a simplified, easy to understand process that empowers students with Flexible Payment Option which they can use for their everyday payments without having to worry about cash upfront.
So this week we are gonna tell you about some fin-tech apps where student can join and get the benefits of them.