If you're in the business or financial world you probably have heard the term "Fintech" by now. A portmanteau of financial technology, the sector is redefining the way the financial world works. From online lending, to payments, to insurance, wealth management and more. Leaving a large debate whether Fintech can undermine the position of banks.
If it can or will, is yet to be seen, however, it has undoubtedly ushered in a new era for entrepreneurs and opportunities for businesses, and business owners who now can get access to working capital beyond the traditional banks.
A trend that doesn't seem to be slowing anytime soon. So the folks at Market Inspector put together a cool infographic highlighting 7 cool facts you should know about online lending.