Fintech Get the basics right
From cryptocurrencies to biometrics and blockchain technology, fintech has revolutionized how we interact with money on a daily basis. As an emerging industry, fintech companies are constantly looking for new ways to innovate and improve their products in order to stay ahead of the curve.
In this article, we'll take a look at what goes into creating a successful fintech company from an idea all the way through user acquisition and beyond!
In just 5 minutes you will know about
- The Team: A great team is one of the most important elements of a successful business. It’s like a sports team: if you have a bunch of talented players but no coach, your chances of winning are slim.
- The Idea: Should be something that people need or want, and it must be scalable (able to grow) and sustainable (able to make money).
- Technology: In the Fintech world, technology is the backbone of innovation. The number of engineers working on fintech projects has exploded in recent years, and it’s not difficult to see why: the rate of innovation within this sector is fast-paced and exciting.
- Product or Platform: Fintech platforms have become increasingly popular in recent years because they offer several key benefits: Agility and Cost reduction.
- Integrations: Being part of the Fintech world implies being interconnected with other service providers or third-party platforms, as a consequence, there will be benefits and risks.
- Operations and Maintenance: It may be a little more expensive than you might think, but it will save you money in the long run. The cost depends on what type of maintenance is needed and how often it needs to be done.
And more...
About Patagonian
We started out in 2013 as the garage tech project of two engineers that did not want to leave their hometown, and have since evolved into a multinational company with offices in Argentina, Colombia and the United States of America.
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