Greetings from San Francisco! 👋
Join over 49,000 How They Make Money subscribers gaining insights into business and investing weekly.
Our upcoming free edition this Friday will feature a full review of Apple’s June-quarter earnings by popular demand. From Apple Pay to Apple Cards, the company is potentially becoming the next big fintech disruptor.
But before that, a deep dive into Fintech Innovators awaits Premium subscribers.
What’s inside:
Payment Processors.
All-around Fintech Platforms.
Financial Software & Services.
Digital banks & Lending Platforms.
Trading & Cryptocurrency Exchanges.
Fintech is reshaping our financial world. From everyday purchases to advanced investment methods, it's at the heart of today's money matters. According to Vantage Market Research, the Fintech market reached $134 billion in 2022 and is projected to grow to $557 billion by 2030.
Gone are the days of solely physical banks and paper transactions. With smartphones and internet access, financial services are now for everyone. This isn't just about going digital. The data we generate powers innovations. Fueled by AI, Fintech is introducing personalized products, new user experiences, and doors to decentralized finance and cryptocurrencies.
However, it hasn’t been an easy ride for investors. In fact, Fintech as a category has been decimated. To illustrate, the Global X Fintech ETF (FINX) is still more than 60% off its 2021 high. All the more reason to look at the category more closely.
In case you missed it, we reviewed how Visa & Mastercard make money in a previous article you can find here. 👇
Below is the link to our video walkthrough, where we discuss the visuals and put them in context.