HOW TO ENTER INTO THE FINANCIAL SECTON (FINTECH)-WITHOUT A DEGREE AND MAKE MONEY
GS PARTNERS (GSP) provide you with uncommon access into the world of disruption. There’s that word again: “disruption”. In the ecosphere of digital technology, we seem to see it or hear it almost every day, whether it applies or not. One place it truly applies is in the world of FINANICAL TECHNOLOGY, better known as FINTECH. Fintech addresses the innovations that are affecting our traditional ways of doing business in the financial world. Trading, banking, financial advice, and other product sourcing are being functionally changed right before our eyes.
Fintech is a financial services sector that emerged in the 21st century. Essentially Fintech is any technological innovation in the financial sector. This can include advances in financial education, retail banking, and cryptocurrencies. Examples of Fintech include stock trading apps and websites, peer-to-peer lending sites that open competitions for loans, thereby reducing rates. Robo advisor services that provide algorithm-based portfolio management. All in one on-line personal finance management, and budgeting tools. Fintech has four (4) categories of users. Business to business, for banks. Business to business for banks’ clients. Business to clients for small businesses. Business to clients for consumers. The Fintech industry is growing rapidly, and its growth is expected to continue. Those financial products and services that used to be the realm of the branch banking systems, ie. Salespeople, and desktops are now available on apps on your mobile devices.
Fintech also crosses over into the development of cryptocurrencies such as Ethereum, Bitcoin, Litecoin. In today’s marketplace this segment of Fintech grabs the biggest headlines, the vast majority of revenue still lies in the traditional global banking industry and its multitrillion-dollar market capitalization.
Market cap is important to these financial institutions because it is the quickest way for estimating a financial institution’s value. This can be accomplished by extrapolating what the market thinks it is worth for publicly trading. Therefore, the investment community would use these figures to determine a institution’s size, as opposed to using sales or total asset figures. In a takeover situation the market cap is used to determine whether the institution is a good value or not for the acquirer.
More than likely you are using some components of Fintech daily. Such processes as transferring money from your checking account to a debit card via your smartphone, sending money to a friend or family member, or peer-to-peer via CashApp, Venmo, or PayPal. Even the process of managing investments via an online broker is a process of the Fintech network. Two-thirds of consumers utilize at least two or more Fintech services. And because our society is becoming more and more digitally advanced those consumer numbers are increasing as a part of our daily lives.
Having a stake in this blockfolio arena is one of the six (6) sections in GSP that can allow you to DOUBLE YOUR MONEY EVERY YEAR. See if there may be an appeal to your financial management for developing Legacy Income.
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