15 Things You Didn’t Know About the Fintech Industry

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  • Опубліковано 3 січ 2025

КОМЕНТАРІ • 210

  • @alux
    @alux  4 роки тому +20

    Hello Aluxers! What other changes in the way we use money do you think Fintech will bring us in the future?
    Article Version: www.alux.com/fintech-industry/
    Mind Mastery: www.alux.com/mindmastery
    Grab the ALUX x NordVPN Offer using the code “ALUX" today: www.alux.com/vpn
    10 Mind Blowing NEW Technologies That Will CHANGE the WORLD: y2u.be/7vQznLKEfBs

    • @user-nw9gh8ql8r
      @user-nw9gh8ql8r 4 роки тому

      Lol k

    • @jarecblake1419
      @jarecblake1419 4 роки тому +1

      It changes how we use money. Soon there can be no need to buy. Automated apps can be automated to save and only buy when ive liked a service or product a set number of times. Watch that like button!

    • @womanunleashed11
      @womanunleashed11 4 роки тому

      Hey Alux! I love your videos. But I have a suggestion for a video that I think may help a lot of people. Alux should do a video on higher order thinking, such as second and third order thinking. The idea that even consequences have consequences is fairly new to me and it would be immensely helpful.

    • @VelocityRecordingStudio
      @VelocityRecordingStudio 4 роки тому

      VC. Virtual Money. Thanks to C19 this will be the new way to buy

    • @noemeona7981
      @noemeona7981 3 роки тому

      Thanks A lux

  • @daniellkimutai
    @daniellkimutai 4 роки тому +95

    MPESA is the biggest fintech company in AFRICA!! It has served and is continuing to serve me best!

    • @pulltheskymusicgroup4475
      @pulltheskymusicgroup4475 4 роки тому +1

      Hahaha 🇹🇿

    • @daniellkimutai
      @daniellkimutai 4 роки тому

      @Joe Al ooohhh ok, what a great conclusion!

    • @djshockafrica4330
      @djshockafrica4330 4 роки тому +2

      @@daniellkimutai Ignore him, he's just a troll. We all know that what you are saying is true, MPesa is a very old company. Kudos to Alux for highlighting it!

    • @enockchisulo8569
      @enockchisulo8569 2 роки тому

      Bro, be a little more specific... Africa is not one country.

    • @daniellkimutai
      @daniellkimutai 2 роки тому

      @@enockchisulo8569 Hey, edit my comment and make it specific.

  • @kyledanseur185
    @kyledanseur185 4 роки тому +81

    FinTech = Financial Technology
    "Basically transforms your smartphone into a bank account"

  • @ChristopherAbelman
    @ChristopherAbelman 8 місяців тому +119

    It would be very helpful if you could tell me which program would be best suited for me as a non technical/financial person to be eligible for the fintech program. Colleges in US or Canada which offers placement after certain degrees would help a lot. I don't have much idea about the program and only have a diploma in business management, so I need a masters program that could help me start from scratch. Which masters program would get me into fintech?

    • @FinnBraylon
      @FinnBraylon 8 місяців тому

      Whenever you're ready, hire someone to manage your money. You need a (CFP) straight up! personally, I would invest in ETF's and also love investing in individual stocks.

    • @PennyBergeron-os4ch
      @PennyBergeron-os4ch 8 місяців тому

      Controlling my portfolio cost me losses in 2022.So, in January 2023 I sought advice from a fiduciary. Through restructuring and diversification with dividend stocks, ETFs, Mutual funds, and REITs, my $1.2M portfolio surged, yielding an annualized gain of 28%.

    • @HildaBennet
      @HildaBennet 8 місяців тому

      This manager of yours must be really good, how I can get in touch with them as my porfolio is not performing as expected.

    • @PennyBergeron-os4ch
      @PennyBergeron-os4ch 8 місяців тому

      Okay. ’Sonya Lee Mitchell’ is the manager I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

    • @HildaBennet
      @HildaBennet 8 місяців тому

      I've searched her full name online and found her webpage. I emailed to make an appointment to talk with her; hopefully, she gets back to me.

  • @Suefore-bl4ni
    @Suefore-bl4ni 4 роки тому +50

    Completely random fact:
    If you started with $0.01 and doubled your money every day, it would take 27 days to become a millionaire.

  • @MapAtlass
    @MapAtlass 4 роки тому +47

    The world’s biggest Fintech is a subsidiary of Alibaba. That's one of the reasons that Alibaba is such a behemoth 🚀

    • @luiskinte863
      @luiskinte863 4 роки тому +4

      Thanks for the info. Alibaba is a Chinese owned company folks, beware.

    • @MapAtlass
      @MapAtlass 4 роки тому

      @@luiskinte863 Good point

    • @blacktailstudio7501
      @blacktailstudio7501 4 роки тому

      This is very Awesome and insightful. Well, I will also say this here, The awareness about making money online is getting higher daily due to this pandemic. as the Cryptocurrency world has recently witnessed high flow of traders mostly because of the profit levels

    • @user-dc1iy4dw8r
      @user-dc1iy4dw8r 4 роки тому

      @Isaac Newtons why do you say so if I may ask?

    • @thestradman2926
      @thestradman2926 4 роки тому

      You trade with Mr Robinson too? Wow that's great, I actually thought I'm the only one that knows him lol

  • @shshr1991
    @shshr1991 4 роки тому +27

    The disruption of the credit rating is something that will have a huge impact when it comes to lending. Very smartly covered all the points. On point guys, as always.

  • @Je.rone_
    @Je.rone_ 4 роки тому +11

    Excited about this video! Can't watch it a.t.m cause I'm recording a video but saving it to watch later!

  • @larrytron1992
    @larrytron1992 4 роки тому +21

    Before the pandemic hit, I wanted to join a FinTech startup because I saw importance of it in my previous job as an accounts developer for a CMS provider.
    The clients always spoke highly of the accounts module because of how useful it was, despite being programmed Visual Basic 6! 😅

    • @ShaneMathewPhilip
      @ShaneMathewPhilip 4 роки тому

      Nice!
      Which country are you from?

    • @larrytron1992
      @larrytron1992 4 роки тому

      I’m from the UK. The FinTech startup I wanted to join was based in London because the city full of financial services and if you provide huge value to clients, then you’ll be rewarded handsomely regardless if you’re an employee, business owner or consultant.

    • @AtPeace555
      @AtPeace555 Рік тому

      Hey!
      So, did you join any Fintech startup?

    • @sorucrab
      @sorucrab 9 місяців тому +1

      so where are you now in life in your fintech starup dream?

    • @andresmoran3569
      @andresmoran3569 3 місяці тому

      Leaving a comment just to know how his life went after this comment 👌🏻

  • @newmrmoney
    @newmrmoney 4 роки тому +19

    Very interesting video! I should consider that in my next vids.

    • @ILOCX
      @ILOCX 4 роки тому +1

      Have you ever considered ILOs?

  • @briankimuge2631
    @briankimuge2631 4 роки тому +14

    Never commented on this channel but the mention of m-pesa got my attention ,,,much love from Kenya 🇰🇪🇰🇪🇰🇪🇰🇪🇰🇪doing a great job

  • @michaelpierre-charles5482
    @michaelpierre-charles5482 4 роки тому +7

    What books would you recommend on the Fintech industry?

  • @MrX-or8sf
    @MrX-or8sf 3 роки тому +5

    It's the future. I just signed up for SoFoi and it's hands down the best money manager i've seen thus far. Hopefully they continue to make great products. I like Chamath's vision for the type of world we are moving into and the technologies that wil dominate the future.

  • @natep6729
    @natep6729 4 роки тому +9

    I've heard of Fintech but I thought it was maybe a Finland technology company lmao. Thanks Alux for this highly informative video

  • @grandbaycentral5741
    @grandbaycentral5741 3 роки тому +5

    Alux is so addictive. I always come back to watch more. Well done Alux.

  • @anilbalija5190
    @anilbalija5190 4 роки тому +6

    This a great topic, and as usual Alux team is ahead of curve finding topics most relevant for future

  • @jeanniechisholm1703
    @jeanniechisholm1703 4 роки тому +2

    I had never heard the term before today. Learn something new every day 🙂

  • @TechnoTradingFinance
    @TechnoTradingFinance 3 роки тому +1

    _very well made video! Fintech definetly its a new revolution_ 💥

  • @surendrashekhawat4155
    @surendrashekhawat4155 4 роки тому +2

    Revolut Fintech is great and keeps on growing but my only concern is getting loans in Ireland that’s the only reason banks are still keeping up lol

  • @sam_is_joy
    @sam_is_joy 4 роки тому +2

    Thanks alux for putting me in the loop on fintech.

  • @fintechontheblock
    @fintechontheblock 3 роки тому +2

    Great Video, Fintech is taking over, it's growing faster than ever before and is the future of finance!

    • @Gurci28
      @Gurci28 Рік тому

      Fintech, a combination of the terms “financial” and “technology,” refers to businesses that use technology to enhance or automate financial services and processes. The term encompasses a rapidly growing industry that serves the interests of both consumers and businesses in multiple ways. 4:06 [Built In]

    • @Gurci28
      @Gurci28 Рік тому

      The global fintech market attained a value of approximately USD 194.1 billion in 2022 and is expected to grow in the forecast period of 2023-2028 at a CAGR of 16.8% to reach USD 492.81 billion by 2028. 7:17 [Expert Market Research]

    • @Gurci28
      @Gurci28 Рік тому

      Most fintech companies originate from the United States and China, and these countries were also home to seven out of the 10 largest fintech companies worldwide. Despite the dominance of the U.S. and China, in 2022, the most valuable fintech unicorn in the world was the Irish payment processing platform, Stripe. 10:30 [Statista]

    • @Gurci28
      @Gurci28 Рік тому

      FinTech unicorn describes startups that are valued at more than $1 billion. 12:21

    • @Gurci28
      @Gurci28 Рік тому

      19 Biggest Fintech Companies in 2023 (Worldwide)
      Written By Adrian Volenik 12:34 [TopMobileBanks]

  • @The_Magellan
    @The_Magellan 4 роки тому +2

    Allyos-Social Store can be the next big fintech company with its innovative social shopping concept in my oppinion.

  • @ABWSKITCHEN
    @ABWSKITCHEN 4 роки тому +2

    What a great way to get information, we always get inspired from here, cooking and teaching future millionaires.

  • @immanuelbatista2817
    @immanuelbatista2817 3 роки тому +2

    "Gamification" is pronounced like "game-mification," or applying game dynamics, such as providing short-term feedback in a rewarding way

  • @kelly-annplummer4140
    @kelly-annplummer4140 3 роки тому +7

    I’m currently building a fintech app in Jamaica which I know is going to bring heat to the banks.

    • @P8860
      @P8860 3 роки тому

      I'm interested. My dad lives in Jamaica.

    • @kelly-annplummer4140
      @kelly-annplummer4140 3 роки тому +1

      @@P8860 you can follow us on Instagram @quik_pay so you know when we are launching.

    • @ryanmoweta9217
      @ryanmoweta9217 3 місяці тому

      Hey how's it going ???

  • @talhalodhi3249
    @talhalodhi3249 4 роки тому +2

    Please do a video on options trading day trading and how it works.

  • @gnahthe
    @gnahthe 3 роки тому +2

    Start dollar cost average buying a fintech ETF - it’s a basket of these companies (like Square, Paypal, etc.) and you get a piece of each every time you purchase. You can buy based on your budget, daily, weekly, monthly, etc. The key is get in now.

  • @diveshgokool961
    @diveshgokool961 4 роки тому +3

    Thanks for this video..from Mauritius

  • @kurnoolammai2937
    @kurnoolammai2937 4 роки тому +5

    I want to see video on beauty industry/ grooming industry

    • @truealuxer3107
      @truealuxer3107 4 роки тому +2

      ua-cam.com/video/TUtJx8xWW8c/v-deo.html There you go!

  • @auro1986
    @auro1986 4 роки тому +4

    alux tell 15 ways rich steal and hide financial assets with technology

    • @deadringer2349
      @deadringer2349 4 роки тому

      1. Open your own bank.
      Repeat 14 times.
      There you go......

    • @surendrashekhawat4155
      @surendrashekhawat4155 4 роки тому

      Aurobindo Ghosh they don’t hide, it’s their money management skills and ovi with assets they don’t have to pay shit load of money in taxes.

  • @mirmusharafshabir9832
    @mirmusharafshabir9832 Рік тому

    please give me honest advise about Fintech
    whichone is broader scope and jobs opportunities Fintech or charted Accountancy??

  • @SY-sp8uo
    @SY-sp8uo 4 роки тому +6

    If you hit the rock bottom the only direction that you can go is up!

  • @akdream5313
    @akdream5313 4 роки тому +2

    Plz Discuss #Edtech❤

  • @zlistcelebrityYT
    @zlistcelebrityYT 4 роки тому +2

    Drinking game:
    Take a shot every time she says “fintech.”
    If you’re alive by the end of this video, you will be a billionaire in the future.
    ....with cirrhosis

  • @WealthbuilderzTV
    @WealthbuilderzTV 4 роки тому +1

    I’ve started my own fin-tech company

  • @gre3nishsinx0Rgold4
    @gre3nishsinx0Rgold4 4 роки тому

    I first read it as French industry. Which was weird. But I'm so glad I watched it till the end.

  • @SD-rg5mj
    @SD-rg5mj 2 роки тому

    hello I am French and I have been a customer of some online banks for a few years, I say customer but it's online banking is free, and in fact I had never asked myself the question but all these online banks are European, and very fast to open an account is it fast to open an account in an online bank in the United States?

  • @tamaraposibi
    @tamaraposibi 4 роки тому

    Hi
    Please what software can I use to make videos like Alux?

  • @quietone1201
    @quietone1201 2 роки тому

    Is the cfpb shutting down fin tech/ crypto exchanges that are not banks?

  • @lawsonsmith7081
    @lawsonsmith7081 2 роки тому

    Could you share the link for the MPESA fact?

  • @johnkh2576
    @johnkh2576 2 роки тому

    WATCHED FOR SECOND TIME. USEFUL INFO.TNX

  • @vrajadroja5271
    @vrajadroja5271 4 роки тому

    Wow alux .............just loved it.......👍👍👍👍

  • @edilynnbenjamin1856
    @edilynnbenjamin1856 3 роки тому

    I have the attention span of a 5 year old when it comes to UA-cam videos over 2mins BUT THIS!!! This was captivating and inspired me to make an online purchase lol

  • @Ghostintheshell3551
    @Ghostintheshell3551 2 роки тому

    Im sticking with my Credit Union . they have a mobile app and works just fine . i dont get why so many people think the regular banks or credit unions are going to go bust ..... lol not going to happen

  • @kiwibuenosaires
    @kiwibuenosaires Рік тому

    We are spending our assets because our money is slaving away 24/7. passively.
    We knew Gold Standard Group before ever hearing of Gold Standard Partners, companies which have flipped the way business and banking is being done.

  • @makemoney8956
    @makemoney8956 4 роки тому +1

    So basically all this means more control over humanity, knowing what you own, where you at, what you earn, what and where you spend, so they can figure how to make us more slaves, then what we already are.

  • @learnoldnewway4411
    @learnoldnewway4411 2 роки тому

    I think it should be helping people managing their money as well , like a finance assistant.

  • @maylynleonido7447
    @maylynleonido7447 4 роки тому

    Thank you 😍😍😍

  • @vaithym7072
    @vaithym7072 4 роки тому +1

    Hello alux lady
    Have a happy wednesday
    WLMT👍👍👍

  • @houseofcreationsgp
    @houseofcreationsgp 3 роки тому

    So if a Business Idea make Profit does that makes it a Financial Technology? (Potential)

  • @navidehsan5447
    @navidehsan5447 4 роки тому

    Interesting, but why do most people still use traditional banks? I mean yes, it maybe cuz it's unknown to a lot of people but could the security issue be a reason?

    • @patek92
      @patek92 4 роки тому

      yes

    • @pakipower
      @pakipower 3 роки тому

      People go to banks because they provide lot more services than a typical FinTech which specialises in 1 0r 2 mostly.

  • @mynamevim2399
    @mynamevim2399 4 роки тому

    wow I remembered when this channel just had 70k, amazing

  • @CaseyBurnsInvesting
    @CaseyBurnsInvesting 4 роки тому +1

    Finn Tech? 🤖🇫🇮

  • @jonathanconnor8190
    @jonathanconnor8190 4 роки тому

    The first time I heard the term fin tech was yesterday when I got the notification for this video!

  • @joshuabucky9085
    @joshuabucky9085 4 роки тому +1

    4:12 is that meet Kevin 😂

  • @Manuel-gu9ls
    @Manuel-gu9ls 4 роки тому

    Binary trading option is one of the fintech

  • @venkatgoud8394
    @venkatgoud8394 4 роки тому

    can you do video on solar sector

  • @TheAncientColossus
    @TheAncientColossus 4 роки тому

    MICT acquired Global Fintech Holdings who have a proprietary insurance platform in China with a slew of users. The insurance industry in China is expected to surpass America's by around $1 trillion dollars within the next few years.
    Talk about China's booming economy.

  • @prashantpatadia2586
    @prashantpatadia2586 3 роки тому

    Where can i find prospects in this field

  • @Kdogggz
    @Kdogggz 4 роки тому

    The world’s biggest Fintech is not FIS? They have over 55,000 employees

  • @technorely8220
    @technorely8220 3 роки тому

    But what about fintech and crypto relationship?

  • @muskreality
    @muskreality 4 роки тому +1

    I'm currently building an ultimate fintech platform in East Africa

    • @zionnaranje7298
      @zionnaranje7298 4 роки тому

      Good luck Elon Musk
      But Elon Musk has already created PayPal...

  • @crallo_phades
    @crallo_phades 2 роки тому

    It actually started in 1865 with the Pantelegraph used for signature authentication

  • @dantejackson6975
    @dantejackson6975 4 роки тому +1

    One of the First✌🏾

  • @shayanansari6372
    @shayanansari6372 Рік тому

    In Pakistan we have : jazz cash, easy paisa, sada pay, naya pay and maybe a million more im missing

  • @hadiuzzaman
    @hadiuzzaman 4 роки тому

    Sound is very low for the last 5-6 videos.

  • @badboybanton
    @badboybanton 4 роки тому

    Why are the comments full of Bitcoin trading scammers?

    • @claudiaperez5011
      @claudiaperez5011 4 роки тому

      Few are true by my experience met an expert from here ......

  • @dr.mohammed5295
    @dr.mohammed5295 4 роки тому

    alux pls make a vidoe about ' HIGHEST PAYING FINANCE JOBS''

  • @dolsiemercado3140
    @dolsiemercado3140 4 роки тому

    Thank you, I was alway wondering about this.

  • @thatperson6108
    @thatperson6108 3 роки тому

    I think fin-tech will bring things in the future...

  • @patrickoleary2862
    @patrickoleary2862 2 роки тому

    Great video / very succinct and informative thanks!

  • @adityapandeyMSL
    @adityapandeyMSL 4 роки тому

    मस्त बा गुरु जी

  • @nope3352
    @nope3352 3 роки тому

    Financial technology? I thought it meant Finland Technology 🤦🏼‍♂️

  • @MrGodipo
    @MrGodipo 4 роки тому

    Hi the videos used while talking about Mpesa in Kenya are not a true representation of the country.

  • @DF-ss5ep
    @DF-ss5ep 3 роки тому

    Get rid of credit score? Did we learn nothing from 2008?

  • @epbrown01
    @epbrown01 4 роки тому

    I'm still leery about Fintech - I read too much William Gibson as a kid. ;-)

    • @amitinthecity
      @amitinthecity 3 роки тому

      hey you want to start fintech company in India.

  • @Biswassji
    @Biswassji 4 роки тому

    Really nead this💙

    • @amitinthecity
      @amitinthecity 3 роки тому

      hey you want to start fintech company in India.

    • @Biswassji
      @Biswassji 3 роки тому

      @@amitinthecity yes

  • @doit2death
    @doit2death 4 роки тому

    Great video!

  • @Business-StartUpQatar
    @Business-StartUpQatar 3 роки тому

    Great video

  • @sebastianblackfyre
    @sebastianblackfyre 5 місяців тому

    That sounds like something Oracle would develop

  • @sentinel151
    @sentinel151 4 роки тому

    What is the background music?

  • @rohitgupta1464
    @rohitgupta1464 4 роки тому +1

    First.. ♥️ ♥️ ♥️

  • @kennnethgibbs3566
    @kennnethgibbs3566 Рік тому

    ,FINTECH GO FORWARD!

  • @adityapatnaik6079
    @adityapatnaik6079 4 роки тому

    great insights

  • @pamelaferguson6463
    @pamelaferguson6463 2 роки тому

    A big thanks to Africa billionaire on UA-cam for introducing me to mutual benefit assurance plc, I was able to build a house and bought a car with one of their policy, am so happy.

  • @diptyprakashswain1121
    @diptyprakashswain1121 4 роки тому

    Budget loan in fintech is new

  • @diptyprakashswain1121
    @diptyprakashswain1121 4 роки тому

    Ant group ipo gonna 36 billion but canceled

  • @choony_b
    @choony_b 4 роки тому

    Chainlink 😉

  • @dimitrygornomelikov3146
    @dimitrygornomelikov3146 4 роки тому

    VASHOOO BOOOOOOOOOFFFFD

  • @JayKoci
    @JayKoci 2 роки тому

    Go Estonia 🇪🇪

  • @uniqueobject9218
    @uniqueobject9218 4 роки тому

    Smart contracts are replacing bank officials, lol

  • @MagicMan-po5oq
    @MagicMan-po5oq 2 роки тому

    Good content

  • @pulltheskymusicgroup4475
    @pulltheskymusicgroup4475 4 роки тому

    🇹🇿 Comment Section change 😍

  • @dimitrygornomelikov3146
    @dimitrygornomelikov3146 4 роки тому +1

    Eggplant goes *boom*

  • @FuzzyAnkles
    @FuzzyAnkles 3 роки тому

    where future billioners get inspired? shit im so poor im an inspired potato now.

  • @mallikjan2180
    @mallikjan2180 4 роки тому +2

    Second

  • @socomax223
    @socomax223 3 роки тому

    Dann high pitch noice

  • @dimitrygornomelikov3146
    @dimitrygornomelikov3146 4 роки тому

    I love this music mmmmmm

  • @kurnoolammai2937
    @kurnoolammai2937 4 роки тому

    Heyyyy im 2nd like

  • @alpha_centauri_
    @alpha_centauri_ 3 роки тому

    ANT