Fintech Explained: How Technology Is Transforming Financial Services
Available: October 2023© 2023
Imprint: Rotman-UTP Publishing
Page Count: 360 Pages
Illustrations: 37 b&w figures, 51 b&w tables
Dimensions: 7.50 x 9.25
360 Pages, 7.50 x 9.25 in, 37 b&w figures, 51 b&w tables
Not Yet Published
Financial technology (fintech) is the digital delivery of financial products and services via the Internet or a mobile phone. Entrepreneurial start-ups, mature businesses, digital-only banks, and global technology companies are leveraging technology to solve customer pain points and provide financial solutions that are cheaper, easier to use, faster, and more convenient than traditional methods.
Fintech Explained provides a rigorous, accessible introduction to the landscape of fintech. Michael R. King explains the customer focus, innovation strategy, business model and valuation of leading fintechs in crypto and decentralized finance (DeFi), crowdfunding and online lending, robo-advice and digital wealth management, payments and insurtech, digital banking, and bigtech. The book profiles the successes and failures of over thirty high-profile fintechs from North and South America, Europe, and Asia, including Wealthsimple’s pitch to angel investors, Wise Financial’s market opportunity in online money transfers, Nubank’s value proposition as a digital-only bank, and Ant Group’s multi-sided platform in financial services, among others.
The book combines insights from founders, early-stage investors, financial incumbents, and other stakeholders in this dynamic ecosystem. Combining clear descriptions and cases studies with the latest findings from academic research, Fintech Explained provides a complete course for educating undergraduate and graduate students, executives, and interested professionals.
Section One: Fintech Toolbox
1. Foundations of Fintech
2. Fintech Economics, Strategies, and Business Models
3. Funding of Early-Stage Fintech Companies
4. The Valuation of Fintech Companies
Section Two: Fintech Products and Services
5. Bitcoin, Blockchain, and Cryptocurrencies
6. Ethereum and Decentralized Finance
7. Alternative Finance, Online Lending, and Crowdfunding
8. Digital Banking and the Response of Incumbents
9. Robo-advisors and Digital Wealth Management
10. Payments and Insurtech
11. Techfins and Bigtechs in Financial