WHAT IS FINTECH
Fintech is short for Financial Technology and it is the application of new information technologies to products and services in the financial industry.
Fintech is very broad in nature and it ranges from payment processing, robo-advisory, personal finance software, crowdfunding platform, peer-to-peer lending, and virtual currencies. 
"fintech will continue to disrupt and reshape the business landscape of the financial services industry in the next decade."
Global Momentum
According to KPMG, global investments in fintech ventures have grown significantly in recent years, and reached $111.8 billion in 2018.
The Players
There are four groups of players in the fintech ecosystem, each competing to achieve competitive advantage over rivals, get ahead of regulatory changes, and adapt to global and societal shifts.
Large Financial Institutions
They are well-established banks and insurance companies.  These companies are also called the “incumbent” as they are traditional financial services companies embracing the use of new technologies to do business.  This group of players includes Allstate, Bank of America, JP Morgan Chase, and Wells Fargo.
Big Tech Companies
In recent years, we have seen the big techs diversifying their business into the financial services space.  Apply Pay and Facebook’s Libra are two prominent examples.
frastructures
They are companies that use technology to build payment processing and settlement infrastructures.  They include American Express, Fiserv, and Mastercard.
Startups or Unicorns
They are the disruptors of the financial services industry.  These companies, often startups, use innovative technology or process to provide values to customers that traditional companies have not.  A few examples are Stripe, Robinhood, Bill.com, and Grab.
Invest In Fintech

Fintech has taken the financial services industry by storm, and it is our view that fintech will continue to disrupt and reshape the business landscape of the financial services industry in the next decade.  At the core, big data, artificial intelligence, and automation are the key drivers of fintech and we anticipate this sector will continue to grow at a rapid pace.
find out if INVESTING IN fintech
is right for you.

Call us at (289) 648 - 6718
or email us at
Disclaimer:  Information contained in this publication has been compiled from sources believed to be reliable, but no representation or warranty, express or implied, is made by Terry Tang, ACPI or any other person as to its accuracy, completeness or correctness. All opinions expressed in this communication are as of the date of this publication, are subject to change without notice and are provided in good faith but without legal responsibility. Nothing in this publication constitutes legal, accounting or tax advice or individually tailored investment advice. This material is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive it. Products or services referenced may not be suitable for you and it is recommended that you consult your financial advisor if you are in doubt about the suitability of such investments or services. This is not an offer to sell or a solicitation of an offer to buy any securities. Investment products are provided through ACPI and include, but are not limited to, mutual funds, stocks, and bonds. All non-securities related business conducted by Terry Tang is not in his capacity as an agent of ACPI. Non-securities related business includes, without limitation, fee-based financial planning services; estate and tax planning; tax return preparation services; advising in or selling any type of insurance product; any type of mortgage service. Accordingly, ACPI is not providing and does not supervise any of the above noted activities and you should not rely on ACPI for any review of any non-securities services provided by Terry Tang. Past performance is not indicative of future performance, future returns are not guaranteed, and a loss of original capital may occur. Every province in Canada has their own laws regulating the types of securities and other investment products which may be offered to their residents, as well as the process for doing so. As a result, any securities discussed in this report may not be eligible for sale in some jurisdiction. No matter contained in this document may be reproduced or copied by any means without the prior consent of the author or ACPI.
Back to Top