Top Five Taxonomical Aspects for Fintech Sector in 2021

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TOP FIVE
TAXONOMICAL ASPECTS FOR FINTECH SECTOR IN 2021
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Cambridge Center for Alternative Finance has
given taxonomical trends for the fintech sector.
Let's look at some of the major trends.
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DIGITAL LENDING
It consists of customized credit solutions,
invoice trading, balance sheet-based lending,
microfinancing, and crowdfunding.
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DIGITAL CAPITAL RAISING
This trend is a driver for the growth of the
crowdfunding concept. It fuels
non-investment-based and investment-based
crowdfunding.
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DIGITAL PAYMENTS
This trend is responsible for the cross-border P2P
(Peer-to-Peer) transactions or any sorts of
money transfer services worldwide.
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DIGITAL SAVINGS
Customized digital solutions on the money market,
mutual funds, and equities can provide a secure
and convenient way to invest.
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DIGITAL BANKS
This trend can give customers a digital
experience every time they access the banking
services or make transactions online.
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