Finance has been dominated by large players eager to control markets and dictate terms, often charging hefty fees and having slow delivery methods to extract the greatest benefit for the finance company. The Financial Technology industry has seen rapid growth over the last few years of new disruptive financial systems that will have a massive impact on incumbents. With billions of transactions annually at stake, even tiny percentages of each quickly add up to astronomical figures, hence strong competition from many players eager to become the dominant player, yet new and innovative options are being created by the Fintech industry.
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