There is plenty of fun to be had with giant robots and new home financing models through financial technology, maybe an unparalleled potential in Automated Construction field.The Tokenized construction supply chain is only one of many new developments to come
In the world, when everything is changing rapidly, financial technology also known as FinTech is also experiencing rapid positive change in its domain.
The gradual progress in this domain is also implied to support the financial institutions, banks, and their clients who take for their services to reduce the overspending, navigate risks and normally deal with the finances in an efficient way.
Read More at : https://lnkd.in/eYBCkFiFollow Us onAppsinvo | Behance | Facebook | Instagram | Linkedin | Dribbble | Twitter | Tumblr | Pinterest | Flickr
The digital asset infrastructure provider for financial institutions, Metaco has secured $17 million in its Series A funding round.
The fintech firm based out of Switzerland stated that this round was oversubscribed, with the demand that was more than double the initial target.
The fintech solutions provider further stated that Metaco’s captured continued backing from its pre-existing investors combined with relative interest from some of the new strategic partners in Swiss as well as global banks, central bank infrastructure, security technology, and venture companies that have their focus on financial technology.The German-based security technology firm as well as one of the main partners of central bank infrastructure, Giesecke+Devrient led this Series A funding round.Venture capital company Investiere and Standard Chartered Bank Zürcher Kantonalbank participated in this round.
It also witnessed the participation of all the existing strategic shareholders of the firm, SICPA, Swiss Post, Swisscom, and Avaloq, who also increased their commitments.Metaco was launched in 2018 with its institutional OS for digital assets known as SILO, which enables the big financial institutions to integrate tokens, cryptocurrencies as well as distributed ledger use cases, securely, into their core infrastructure.
The framework of this fintech solutions provider for the custody of digital assets, its trading, tokenization, and transaction management is a leading choice for exchanges and banks, stated the company.
The firm also claims that notable Tier 1 and Tier 2 banks have implemented these and these institutions are BaFin, ECB, FINMA, Banco de España as well as MAS regulated exchanges and banks.Follow fintecbuzz for more such fintech news and related information.
Financial Technology has enabled an huge growth in financial activities as compared to traditional offline & online channels, which means fintech start-ups are shifting focus to Personal Finance App DevelopmentInterested in building a Personal finance Mobile apps?Did you Know?
According to Globes News Wire, “The Global Digital Lending Platform Market size is expected to reach $11.6 billion by 2025, rising at a market growth of 20.3% CAGR during the forecast period”.What are Personal Finance Apps?Personal Finance Apps allows you to manage your finances in an effective way instead of making your finance process more complicate.
A personal finance app helps you with accounting and also provide detaied insights about money management.
Every finance app needs to give you helpful insights on matters like investment options, short-term and long-term returns from investments, tax laws, etc.Personal Finance app featuresAccount integration SecurityMoney Managementable to do transactions quickly.easy-to-use accounting modulesAI chatbots for useful adviceReal time spending and trackinginvestment insights and guidanceMake the budgeting exercise easyUser experienceConstant customer supportAlerts and notificationsHow much does it cost to build a finance app?A top notch personal finance app with lots of features will require more attention to develop and deploy.
The exact cost will depend on its purpose and the technologies required etc.
To get an exact cost to develop your finance applications contact leading Banking and Finance App Development Services provider like MacAndro.As a top notch Mobile App Development Company, MacAndro offers a scalable banking and financial app to its customers.
November 28, 2019: The e-payment solutions market in India is anticipated to expand at a compound annual growth rate (CAGR) of ~51.17% between FY 2018 and FY 2023, and will reach a value of INR 15,344.1 Tn by FY 2023.
The volume of payments is expected to reach 96.5 Tn transactions by FY 2023, up from its 2018 volume of 18.5 Tn.
Also, the integration of payment services in popular applications like WhatsApp and Apple Pay has led to an increase in digital payments across India.During the FY 2016-FY 2018 period, the use of credit cards for online payments has reduced (54% to 43%), while the market share of prepaid payment instruments (PPI) has increased (11% to 13%).
This implies that there has been a shift in the preference for payment methods, from cards to digital platforms, thus leading to the higher penetration of e-payment solutions in India.Request a Free Sample Copy of this Report @ https://www.radiantinsights.com/research/e-payment-solutions-market-in-india-2018-2023/request-sampleKey growth drivers of the market:• After the demonetization of INR 500 and INR 1,000 notes in 2016, India's fintech (financial technology) landscape witnessed significant adoption among users from across various business segments.
This, in turn, led to the growth of the e-payment solutions industry, resulting in an annual return on investment of ~29% in India, which is higher than the average returns in the global and Asian markets.• E-commerce retailers like Amazon, Flipkart, and Paytm Mall offer cashbacks and discounts on online payment for products.
As a result, the transaction value and volume of the e-payment solutions market in India is increasing.Key deterrents to the growth of the market:The underdeveloped infrastructure of Indian fintech companies, such as ineffective payment systems, limited Internet coverage, and lack of proper regulatory mechanisms for payment obligations, are slowing down the penetration of digital payments in the country.
There is plenty of fun to be had with giant robots and new home financing models through financial technology, maybe an unparalleled potential in Automated Construction field.The Tokenized construction supply chain is only one of many new developments to come
The digital asset infrastructure provider for financial institutions, Metaco has secured $17 million in its Series A funding round.
The fintech firm based out of Switzerland stated that this round was oversubscribed, with the demand that was more than double the initial target.
The fintech solutions provider further stated that Metaco’s captured continued backing from its pre-existing investors combined with relative interest from some of the new strategic partners in Swiss as well as global banks, central bank infrastructure, security technology, and venture companies that have their focus on financial technology.The German-based security technology firm as well as one of the main partners of central bank infrastructure, Giesecke+Devrient led this Series A funding round.Venture capital company Investiere and Standard Chartered Bank Zürcher Kantonalbank participated in this round.
It also witnessed the participation of all the existing strategic shareholders of the firm, SICPA, Swiss Post, Swisscom, and Avaloq, who also increased their commitments.Metaco was launched in 2018 with its institutional OS for digital assets known as SILO, which enables the big financial institutions to integrate tokens, cryptocurrencies as well as distributed ledger use cases, securely, into their core infrastructure.
The framework of this fintech solutions provider for the custody of digital assets, its trading, tokenization, and transaction management is a leading choice for exchanges and banks, stated the company.
The firm also claims that notable Tier 1 and Tier 2 banks have implemented these and these institutions are BaFin, ECB, FINMA, Banco de España as well as MAS regulated exchanges and banks.Follow fintecbuzz for more such fintech news and related information.
Financial Technology has enabled an huge growth in financial activities as compared to traditional offline & online channels, which means fintech start-ups are shifting focus to Personal Finance App DevelopmentInterested in building a Personal finance Mobile apps?Did you Know?
According to Globes News Wire, “The Global Digital Lending Platform Market size is expected to reach $11.6 billion by 2025, rising at a market growth of 20.3% CAGR during the forecast period”.What are Personal Finance Apps?Personal Finance Apps allows you to manage your finances in an effective way instead of making your finance process more complicate.
A personal finance app helps you with accounting and also provide detaied insights about money management.
Every finance app needs to give you helpful insights on matters like investment options, short-term and long-term returns from investments, tax laws, etc.Personal Finance app featuresAccount integration SecurityMoney Managementable to do transactions quickly.easy-to-use accounting modulesAI chatbots for useful adviceReal time spending and trackinginvestment insights and guidanceMake the budgeting exercise easyUser experienceConstant customer supportAlerts and notificationsHow much does it cost to build a finance app?A top notch personal finance app with lots of features will require more attention to develop and deploy.
The exact cost will depend on its purpose and the technologies required etc.
To get an exact cost to develop your finance applications contact leading Banking and Finance App Development Services provider like MacAndro.As a top notch Mobile App Development Company, MacAndro offers a scalable banking and financial app to its customers.
In the world, when everything is changing rapidly, financial technology also known as FinTech is also experiencing rapid positive change in its domain.
The gradual progress in this domain is also implied to support the financial institutions, banks, and their clients who take for their services to reduce the overspending, navigate risks and normally deal with the finances in an efficient way.
Read More at : https://lnkd.in/eYBCkFiFollow Us onAppsinvo | Behance | Facebook | Instagram | Linkedin | Dribbble | Twitter | Tumblr | Pinterest | Flickr
November 28, 2019: The e-payment solutions market in India is anticipated to expand at a compound annual growth rate (CAGR) of ~51.17% between FY 2018 and FY 2023, and will reach a value of INR 15,344.1 Tn by FY 2023.
The volume of payments is expected to reach 96.5 Tn transactions by FY 2023, up from its 2018 volume of 18.5 Tn.
Also, the integration of payment services in popular applications like WhatsApp and Apple Pay has led to an increase in digital payments across India.During the FY 2016-FY 2018 period, the use of credit cards for online payments has reduced (54% to 43%), while the market share of prepaid payment instruments (PPI) has increased (11% to 13%).
This implies that there has been a shift in the preference for payment methods, from cards to digital platforms, thus leading to the higher penetration of e-payment solutions in India.Request a Free Sample Copy of this Report @ https://www.radiantinsights.com/research/e-payment-solutions-market-in-india-2018-2023/request-sampleKey growth drivers of the market:• After the demonetization of INR 500 and INR 1,000 notes in 2016, India's fintech (financial technology) landscape witnessed significant adoption among users from across various business segments.
This, in turn, led to the growth of the e-payment solutions industry, resulting in an annual return on investment of ~29% in India, which is higher than the average returns in the global and Asian markets.• E-commerce retailers like Amazon, Flipkart, and Paytm Mall offer cashbacks and discounts on online payment for products.
As a result, the transaction value and volume of the e-payment solutions market in India is increasing.Key deterrents to the growth of the market:The underdeveloped infrastructure of Indian fintech companies, such as ineffective payment systems, limited Internet coverage, and lack of proper regulatory mechanisms for payment obligations, are slowing down the penetration of digital payments in the country.