The Best Reads On FinTech From Last Week

‘Banking innovation’ is a global growth sector and is also referred to as FinTtech. It spawns three themes - business model disruption, payment innovation and transformation, mobiles & smart devices. This is not to exclude social and messaging platforms which would in many ways be the new channels of support for driving innovation.

Global FinTech investments which was at $11 billion in 2014, reached $20 billion in 2015 and is targeted to grow at 20% compounded growth rate. That is significant.

While NY and London compete for top spot - the developments are visible across all continents - Asia, Africa and Australia with Latin America expected to follow soon

In this space would be given links of some of the key developments happening in the sector all around the world on a weekly basis.

• The Unbundling of the banking system - complex and relevant
  
  
• According to the World Economic Forum Report - the wheels of disruption can be classified as
  
  
• The large VC players are well entrenched into the system
  
  
• Here are some of the categories that one can relate to
  
  
• Adoption by country and this landscape will change dramatically as India learns and evolves
  
  
• ZhongAn is an innovative online property insurance company
  
  
• Wealthfront is a Robo Advisor disrupting the wealth and investment management industry
  
  
• Funding Circle focuses on Small Business Lending. It disrupts the banking market by creating a market place for lenders and borrowers
  
  
• Kreditech focuses on the underbanked segment offering universal financial services
  
  
• Avant is a market place for consumer lending lowering barriers and costs similar to Small Business Market place
  
  
• Atom is the new digital bank that offers branchless banking. note the word digital and operates only in UK
  
  
• Klarna is one of the leading providers of payment services to e-commerce providers
  
  
• Xero is gaining traction and innovative small business accounting software platform used by banks and financial service providers.