The impact of technology on the financial industry has been powerful. Traditional financial institutions, such as banks, have discovered that new technologies are indeed disruptive. This epiphany has forced age-old financial institutions to develop their own tech capabilities, and to stay ahead of the game, many have partnered with fintech startups or acquired promising new companies. However, the shorthand, “fintech,” has become a buzzword, encouraging budding entrepreneurs to believe that they can simply hitch their ventures on to the bandwagon in order to make a quick buck. As with any endeavor, this isn’t the case. New businesses, especially in an emerging industry such as fintech, … Continue reading 7 Things to Consider Before Launching a Fintech Startup