Daily Review: The Markets Are Shrinking for 11,000 FinTech Startups Around the World

There is a limited variety of business strategies employed by technology and financial companies to remain competitive in the marketplace. And while most businesses have a hybrid model, there are often more distinguishable hallmarks of one model or another in their development. One of the ways technology companies are growing their reach is through an ecosystem model, where corporations aim to become an operating system of one’s life, deeply integrating their comprehensive suite of services with each other and feeding data into their other offerings (Alibaba Group).

Integrations into complementary fields, and even in the same field, is also a popular approach – the right partnership can make the business, extending its services to customers of another service, adding millions in the most impressive cases (JPMorgan Chase + OnDeck, Grab + Maybank, and more).

An acquisition is another way to integrate advanced technology and gain additional touch points with customers, absorb a new massive customer base, or expand consumer services, which is what Microsoft and Vodafone did this month.

Pick #1. Chinese FinTech’s Global Future Is Arriving Now

Alipay, which claims to have 500 million active users, along with its rival Tencent, controls almost all of the Chinese $16 trillion mobile payments market. The technology’s ease of use has made it ubiquitous. claims 500 million active users, and, along with its rival Tencent, controls almost all of the Chinese $16 trillion mobile payments market. The technology’s ease of use has made it ubiquitous.

Alibaba, Ant Financial’s parent company, has integrated the payments technology into other services. Alipay has a total of 450 million people using its payments and other financial services, including wealth management and insurance. It is woven into Alibaba’s online retail operation. It is linked directly with a money-market fund, Yu’E Bao, so that customers can earn a yield on the idle balances in their accounts (Yu’E Bao has grown into the largest money-market fund in the world, with $230 billion under management). It is linked to consumer and business loan products. And all of these functions feed data into a credit scoring business, Sesame Credit.

...
MOST POPULAR

To read this article, create a free account

Already a member? Log in


Annual Subscription

12-month access to 10,000+ insights, research reports, a database of 13,000+ FinTech companies, and a live global community.

$26/mo

TRY FREE FOR 7 DAYS

SKIP TRIAL

instant access to reports and global community along with donation to COVID-19 fund.

Quarterly Subscription

12-month access to 10,000+ insights, research reports, a database of 13,000+ FinTech companies, and a live global community.

$49/mo

TRY FREE FOR 7 DAYS

SKIP TRIAL

instant access to reports and global community

--------------- Reasons to buy ---------------

Understand the “Why” Behind the “What”

MEDICI offers data-driven, original, unique, and forward-thinking content to understand the “why” behind the “what”

10,000+ insights, 100+ research reports, and 1,000+ videos based on data, collected and processed by top-in-class researchers with over seven years of experience in the financial service industry.

Actionable Insights

We do not stop at the data; we analyze it and extrapolate actionable insights that shape and forecast market trends. All of our pieces are neutral, authentic, and unique – this means that you can’t read them anywhere else!

Data Visualization

We do also care about design. It’s why our infographics are the most-used ones in company reports and the most shared ones on social media.

Growing Proprietary Database of 13,000+ FinTech Companies

We have one of the largest databases with more than 13,000 company profiles listed across 60+ verticals! The database contains primary data collected in two ways:

Through our Global Listening Engine – a proprietary algorithm able to extrapolate and collect data across numerous sources

Directly from FinTechs – thanks to the onboarding flow through which companies can list themselves on the most used database for venture capital in the industry

Join the Largest Global FinTech Community

You will be added to our private WhatsApp Channel with more than 200 FinTech leaders across the globe, where we engage in discussions around various financial services topics daily. After a few clicks, you’ll get to know the whole community, including the MEDICI team – you can ask questions, suggest topics, and get behind-the-scenes insights

Q&A

What is MEDICI Inner Circle™?

MEDICI Inner Circle™ is the membership you need to freely access all MEDICI content, which includes insights, research reports, videos, startup knowledgebase, and the members-only community for live engagement.

What topics do you cover?

We cover more than 60+ sub-segments in FinTech – but we do not stop there; we also cover topics beyond FinTech, such as InsurTech, RegTech, PropTech, WealthTech, BankTech, AgriTech, and the enabling technologies enabling innovation such as AI, Blockchain, etc.

What do I get if I buy the membership? Is there a difference between being a free subscriber and being a member?

By becoming a member, you will unlock all the content on our website. A free subscriber gets access to only 5% of what we publish on the web-site. Paid members also get preferred access to our live events, and exclusive access to the members-only community for live digital engagement.

Do you have a discounted plan for students?

Yes. Please write to us at innercircle@goMEDICI.com.

Do you have an enterprise plan for corporates or groups?

Yes. Please write to us at innercircle@goMEDICI.com.

Do you offer refunds?

We offer a 7-day free trial during which you can access all of our data, insights, and analyses. You can cancel the subscription any time before the end of the free trial period. However, we do not offer refunds.

Unlock this article by signing up for MEDICI Inner Circle

--------------- OR ---------------