4 min read.Updated: 31 Dec 2021, 06:15 AM ISTBloomberg
Investors need to first focus on the basic product. The key question is what problem the FinTech firm is trying to solve?
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The good news is that advances in financial technology, or FinTech, are going to improve customers lives. The bad news is a lot of investors are going to lose money while it happens. With a record $98 billion invested in the first half of 2021 alone, taking the total to in excess of $1 trillion over the past decade, the amounts involved are stunning.
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