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BNA_G5_Fintech, G5 (Tiffany, Eric, Evelyn, Jeremy), Four bowls medicinal…
BNA_G5_Fintech
Fintech business model
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NeoBank Model
e.g. Revolut
Multi-currency accounts, international remittances, and payment services
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SEA
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Affordability
Enhance price competitiveness and penetrate emerging markets.
Reduce transaction fees and mantenance costs
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What is Fintech?
:moneybag:Fintech = Finacial Technology :male-technologist::skin-tone-2:
Using technology to improve automated traditional financial services
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- Easy to expand
- Diversification of products and services
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- :red_cross: Interpersonal interaction
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- Highly scalable
- Low indirect costs
- Value-added services
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- Over-reliance on banks
- Risk management responsibility
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