Fintech and Payments – looking for Innovation

Innovation is a part of the idea of the Fintech definition. This is also the case for all Fintech industries and verticals, including payments. In some cases, however, payment companies try to jump on the bandwagon of the Fintech innovation, and we can only wonder where the new contributions of these companies are. 

Online payments are not new, at least not in Internet years. It is in fact one of the first developments in the world-wide web during the late nineties. The movie Middle Men is a good example about the massification of online payments in those years.

Since then, dozens of companies that provide credit card processing

What is a Fintech company? The case of comparison websites and marketplaces for financial services

Which companies can be considered Fintech and which ones cannot ? Can we consider those websites that present different financial solutions to the end-user as financial technology innovators? Why would this be the case or why not ? Please continue reading to understand better our perspective regarding this matter.

Some of the different categories or business models in e-commerce are comparison websites and marketplaces. It is quite often the case that these companies do not have a list of their own products but of products from various other companies. Their value is to offer the end consumer the chance to compare the features and prices as well as read the opinions and reviews from other users about the advertised services.

These companies, however, do not

Bitcoin and Fintech – why we consider Bitcoin a Fintech Business

Fintech Valley Editorial

Why should we consider Bitcoin and other Cryptocurrency companies and service providers as Fintech companies? Why are they different from websites where consumers can gamble or speculate on the value of worldwide currencies (FX trading)? 

Yes, some people use Bitcoin and other Cryptocurrencies as a speculation vehicle. They are probably more interested in a profit than in the innovation or evolution of monetary elements. But this should not drive us to believe that these technologies are, like FX and other trading websites, the latest trick that makes people believe that they can easily make money online. At least this is not the only intention behind cryptocurrencies.

Bitcoin and other Cryptocurrencies are opening the door and pushing the envelope, if not to

Fintech Meaning – search and agreement for a definition

What does Fintech mean? Is there a common definition of Fintech? When is a company actually a Fintech company? Is there a unique meaning for Fintech?

Aiming to be a source of information for news around the industry, at Fintech Valley we believe that we need to agree on a definition or scope for what Fintech exactly is and which companies actually fit into this category.

A simple definition of Fintech could be: “A technology used by financial service providers”. This, however, could already cover a Bank with a simple informative website, an email, phone and a fax number.

We can go further and say

What Fintech Valley wants to be

There are and there will be many more websites and sources of information about Fintech technologies, companies, start-ups, innovations, events, investors and investments.

Fintech Valley does not want to be yet another website amongst others but is pursuing to be your main source of information about all Fintech related topics.

How will we make this happen? What differentiates us from other websites ?

Let us explain first the difference in the nature of Fintech from other e-commerce industries or verticals.