FinTech Hub

Financial technology, or FinTech, refers to the application of disruptive technologies in the financial services industry. Although FinTech is not new, it has been under the spotlight in recent years as advances in exponential technologies and new business models have challenged existing products, services and processes, and enabled faster, cheaper or more engaging solutions to be created. FinTech innovations can come from both startups and incumbent financial institutions.The FinTech Hub also promotes clustering of FinTech Companies. The FinTech Hub is a part of Financial Hub and is close to the IT Hub at Rajarhat & Sector 5 in Kolkata. It is a cluster of 23 companies already in various stages of development. This app gives details of the features and technologies that FinTech Hub will be promoting. FinTech companies create an ecosystem that fosters the collection of vast amounts of data and builds trusted relationships with clientele. Financial Institutions have realized the importance of these ecosystems and are attempting to engage with and bring innovation inside their companies.