Did you know that 2 in 3 millennials would be more excited about a new financial offering from a tech company like Google, Amazon, or Apple than from their nationwide bank?
For the next generation of customers banking is foremost a digital service and expectations have been shaped by todays digital icons: all mobile; one-click onboarding; instant problem solving and gratification; 24/7 service; intelligent and personalized; highly secure; free-of-charge.
Customer acquisition is changing too. The integration of social content with e-commerce and Fintech solutions (embedded finance) revolutionizes how customers can be targeted.
Many established financial institutions have acquired Fintech capabilities in recent years. Integrating these capabilities with the existing service portfolio and rejuvenating the banking experience remains a key challenge.
Real Estate Agent
Needs money to expand her yoga studio. Looking for lower interest rates.
Anna can easily ask for a loan with minimal effort, get a decision within hours and immediately kick-start her business expansion.
Just landed a major building contract, but needs cash to jump-start the construction works.
John can progress with his project, using the major building contract he just landed to advance future receivables and kick-start the construction.
Seasonal work, year round bills to pay, fully booked for the next season, but needs cash now.
Fred can continue building his career as a professional musician by smoothing out uneven cash flows, instead of struggling to make ends meet and end up working non-music related day jobs.
Wants to invest his savings at a higher rate without too much risk.
Klaus can make his money work for him by investing in the real economy. He makes a return and feels good about himself.
Inconsistent wage based on commissions. Can find herself in need of cash even when she has several signed deals.
Carmen can stay 100% focused on her listings without stressing over payment cycles, thus honoring all her financial commitments and making a few investments of her own from time to time.
Over the past years we have built Fintech businesses from scratch as founders / entrepreneurs or IT service provider. We understand key business and technology challenges such as onboarding / KYC; service automation / AI and personalization; API architecture, micro-services and legacy integration; content & service integration; blockchain; security and compliance. We facilitate eco-system integration.
Let’s work together to jump-start or accelerate your digital business transformationLet's talk
Buy Now and Pay Later has become a trend during 2020 and looks like, given the
appeal it has for Millennials and Gen Z's it will be part of the payments
industry in the future. Chaim... more