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Investing with FinTech There are many ways to invest within the FinTech industry. The most obvious is to invest in the development of new technologies and the formation of new companies. Of course there is a way to make your investment more efficient and in the coming months changes to the Governments existing legislation will make it possible for websites to introduce a crowdfunded approach to capital raising. The other aspect of investing in FinTech is to provide the capital that many of the new technologies require to make their models work. Peer-to-Peer lending models are based on providing both sides a better offer than the banks and existing incumbents […]

Insurance with FinTech For many instances ones circumstances are very simple and the insurance they are after should be the same. General Insurance is one area that is quickly improving with FinTech technology. Combining the known value of items with the advanced computer models we can now generate it's possible to more accurately assess the chance of a risk occurring and provide a realistic price. The conceived complexity around life insurance means that much of the Australian public is massively underinsured. In reality the needs of most of us can easily be assessed by a simple program and the insurance offered on the spot. There are a number of new programs that are addressing this […]

Crowdfunding Websites There are more and more crowdfunding websites now and whether you're looking to see the latest gadgets make it to market, support a local band you love release a new album or you want to buy equity in a great new startup, there is a crowdfunding website you can use. No longer do we need to wait on 'Taste Makers' to tell us what we would like to spend our money on. With the introduction of crowdfunding you can decide before products make the market what you would like to see and put your money where your mouth is. If there is a large enough demand then you […]

FinTech products designed for Businesses While most of the FinTech Industry focuses on linking the consumer more directly with the product provider there is a large segment that focus on improving the industry primarily for business. If a company is looking for a loan facility or simply needs to improve the way in which they take payments then FinTech can help. In some instances products that are designed for the end user can just as easily be used for a small business or a local broker.

Borrowing with FinTech When looking at FinTech borrowing products you will notice that Peer-to-Peer lenders dominate this space. The idea that you can borrow money directly from your peer network is one of the greatest advances in borrowing. By removing much of the outdated infrastructure the banks have always relied on to offer loans you can achieve a better rate for your borrowing and for those lending you the money. While Peer-to-Peer dominates this segment there are always new ideas in the market to make it easier for you to borrow money. Whether it's short term loans based on your Point of Sale facility or factoring outstanding invoices as technology improves […]