FinTech is one of the most trending businesses in today’s time. You will surely find a FinTech app that enables you to open an account or take a loan. These businesses are revolutionising our way of dealing with finances.
Despite such tremendous growth, many FinTech startups are struggling to make their mark due to the high risks associated with this segment. Like any other startup, FinTech startups are also facing issues such as inadequate funding, increased competition, changing consumer behavior and many other things. Also, FinTech startups have got additional issues in the form of regulatory norms.