The origins of fintech at forbes.pl

The origins of fintech at forbes.pl

Krzysztof Przybysz, LOANDO Group CEO, talked about the origins of the financial technology industry for the forbes.pl website. He touched upon issues such as the great financial crisis of 2007-2009. He also showed the existence of two eras: the one before and the one after the fintech expansion. He drew attention to the technological background that allowed financial innovations to enter the market.

 

 

In an extensive piece you can also read about how the ideal economic standing ended the era of bank domination. Krzysztof Przybysz sees the advantage of fintechs over traditional banking in the easy access to the Internet and technological facilities. Fintechs would not be able to exist without them.

Krzysztof Przybysz, LOANDO Group CEO, commented: Fintechs became the first worthy competitor for banks thanks to the technological advancements and popularisation of the Internet. Their potential was quickly noticed, thanks to which other institutions started to invest more and more capital in the industry.

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