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Tag: Fintech

A fintech is a combination of financial technology. While financial technology simply refers to the various tools and systems used in the financial industry, a more complex definition refers to something that is derived from technological advancements.

Bitcoin as a Legal Tender: What that Means for All of Us?

By Elena Obukhova, founder & CEO at FAS | Fintech Advisory Services We all heard the recent news that El Salvador is to become the first country to use Bitcoin as a legal tender. What would that mean for the rest of the world?  Honestly, I am not surprised that the first country to do so comes from Latin America. Countries in the region have been suffering from multiple crises and economic instability.  People started losing...

Bitcoin, Cryptocurrencies, Fintech, People in crypto

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Sofi Money: fintech strikes back?

What is Sofi Money? SoFi Money is a cash management account that allows you to link your debit cards and bank accounts online. You can also receive tax refunds from big companies like Amazon or Uber right into your SoFi Money account. SoFi Money is essentially an online checking account for millennials that comes with a few special perks. It is a smart option for anyone looking for a simple, low-cost way to see their funds at one online...

Fintech

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