Abstract
The world of finance has been transforming alongside the rapid growth of technology significantly. FinTech companies have emerged as a consequence of technological developments in the financial sector. Despite the upward trends in the growth of FinTech, they definitely need a business model to survive and grow in the competitive market. A FinTech business model includes operating strategy, revenue sources, and intended customer base. FinTech organizations need to adopt approaches to ensure their services and products are available to their customers across different platforms and are not necessarily reliant on a convoluted sign-up process. This chapter reviews the main considerations in FinTech business models, and the success factors of a business model, and provides a guide to having a business model that wins in the market.
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