We are constantly following the development within the fintech industry and below are some of the areas where we believe there are potential.
Peer-to-peer lending have proven to be a growing market and we believe that it is just the begining. We have previously invested in Lendify but are looking at other possibilities within the area. One area within the lending space that is interesting is loans to SMEs. Following the global crisis of 2007-2008 loans to SMEs have been exposed to higher regulations and capital costs which have created a growing demand for financing.
• Wealth Management
With todays technological advancements wealth management can now be a online service that provides automated algorithm-based portfolio management advice without the use of human financial planners, so called ”robo-advisors”.
Just like the big banks, the insurance companies are large ineffective cash-cows. By using a shareconomy approach you can access a huge market quite effectively and create a good consumer-focused service.
• Credit scoring/assessment
The key in credit scoring/assessment is to find the best way to use global sources.
• Fraud protection and security
This is a growing demand that will be more and more important in the technological development in many industries, especially fintech, and is therefore an area in which there will be profitability
To make it easier, faster and more reliable to transfer money and to do so abroad and in different currencies with out paying large fees is a natural development but that have been lacking.
For companies active in regulated markets compliance is a big part of the day-to-day operations and therefore costly. Within RegTech the aim and benefits are to support innovation by better manage regulatory requirements, develop advanced data analytics capabilities and of course to reduce the costs of compliance.