Israel is unarguably the world’s capital in Fintech Technology. Within other areas today, Israel is breaking barriers with the Jew population excelling in numerous business fields.
The financial technology coined fintech is growing faster than ever before. There have been several private ventures that have contributed their innovative ideas for this market. What is even more interesting is the amalgamation of laws and government policies that govern every step in such startups. The fintech scenario is highly susceptible to change. With an impact on a large market, there is massive potential in this sector which has still not been completely harnessed.
Israel has been a pioneer in harnessing the Fintech potential and India has a lot to learn from it.
The services designed by the fintech firms are transforming the way transactions are being carried out by hundreds of companies and users. Their technology is likely to be an element in the financial sector that is going to be used daily. Thus, the breakthroughs of the fintech firms will not only hold great value when it comes to the finance industry but will also yield greater profits at a global level. The investments made internationally in fintech ventures have been greater than 20 billion USD in the past years. In India alone, the investment has reached a skyrocketing 500 million USD. Considering this pattern of capital investment and the unacknowledged potential for tech startups in India, there are still a large number of people who are away from the use of technology when it comes to financing.
With the advent of newer applications at the convenience of our mobile phones, people are slowly making the shift from a cash-based lifestyle to the use of technology that is readily available to them. This has led to a growth in the number of users of financial technology, which is likely to rise greatly, almost up to ninety percent in the coming year. Thus, the potential for the advancement of fintech in India only has an upcoming growth spurt in the future. Even the smaller businesses that have not been associated with fintech are growing to realize the benefits of technology in this sector.
The rising ray of opportunity comes from Marshal Lion Group in this wonderful field for both Israel and rest of the world.
Marshal Lion Group will allow to invest into products in a dedicated platform, which are based on actual non-bank loans granted to companies and individual clients. The Marshal Lion team’s project will enable both large-format and smaller investors to obtain direct and potentially exceptionally profitable access to the industry.
The digitization of financing will have far fetched benefits in Israel right from making the entire process speedy and efficient in adding a sense of security and stability to the system. The efficiency that these innovations bring to the table is much desired in a domain like the finace sector.
With the advent of newer applications at the convenience of our mobile phones, people are slowly making the shift from a cash-based lifestyle to the use of technology that is readily available to them. This has led to a growth in the number of users of financial technology, which is likely to rise greatly, almost up to ninety percent in the coming year.
Marshal Lion with its registered seat in Warsaw holds extensive experience and understanding of the Polish non-bank lending market. The company offers an innovative and visionary solution for financing and participation in the profits generated from this sector.
The platform (MVP) will be available from 10th September 2019.
Thus, it is safe to say that just like the digital tech outburst that we witnessed in the last decade, the coming decade is likely to be a revolution in terms of fintech with Israel as a forefront runner. The profits that these ventures are going to lead are going to increase tenfold since this is a form of integration to a sector which is already deeply rooted in our everyday lives. This is subject to the laws and regulations laid out by the Israeli government. Thus, it becomes a sector which can never be completely entrepreneurially inclined. The rules and policies of the government will have a major impact on the growth and acceptance of fintech innovations in the modern world. The fintech revolution is the future of the modern world for a secure and stable financing methodology.