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September 01, 2020 1:28pm
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Fintech Firms Upend Traditional Banks’ Foothold in Emerging Markets

Within emerging markets, fintech firms are now competing in a space once dominated by traditional banks, providing service to unserved or underserved consumers. New, lower-cost banking models have displaced older business models and given consumers who’ve been previously excluded from traditional banking systems access to new services. For example, when Brazil-based fintech firm Nubank set [...] The post Fintech Firms Upend Traditional Banks’ Foothold in Emerging Markets appeared first on ETF Trends .
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