FinTech Magazine - April 2021 | Page 21

investment round uncommonly large for a company at our stage .
Q . WHAT INSPIRES YOU IN FINTECH TODAY ?

» Tech can fix lots of the problems of traditional banking and finance , ranging from legal and regulatory rigidness to new innovative trading strategies . Not that long ago , opening a bank account would take weeks and a lot of paperwork .

“ NOT THAT LONG AGO , OPENING A BANK ACCOUNT WOULD TAKE WEEKS AND A LOT OF PAPERWORK ”
Wiring money internationally and in different currencies would take days and cost a lot too . Today this is virtually instant and at a small fraction of the cost .
fintechmagazine . com 21