Mobile payments have taken hold over the past decade, as consumers increasingly move away from using cash and cards to favouring their smartphones for completing transactions. While today’s financial innovations are being driven by disruptive “FinTech” firms, the mobile payments space has been dominated instead by “TechFin” firms.
New Business Opportunities in the Canadian Payments Industry
Do you still carry cash in your pocket? Increasingly, we are seeing an emergence of consumer behavior drifting towards instantaneous payments made via smartphones. Further, Real-time payments are taking over by facilitating cash flow management and improving customer experience.
Landscape of the Fast Growing and Digital-Enabled Companies in China with LingFeng Capital Partners
It is no secret that China has a booming Fintech sector, producing numerous unicorns (valued at $1B+) in the last few years. So much so, that it has drawn immense global interest from players looking to model their strategies on this market.
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