{"id":12322,"date":"2019-02-27T10:09:54","date_gmt":"2019-02-27T10:09:54","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=12322"},"modified":"2019-02-28T06:56:47","modified_gmt":"2019-02-28T06:56:47","slug":"valuable-lessons-from-7-big-fintech-successes","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/valuable-lessons-from-7-big-fintech-successes\/","title":{"rendered":"Valuable lessons from 7 big FinTech successes"},"content":{"rendered":"<p>Lots of FinTech startups have brilliant ideas, but not all of them succeed. Some, however, become huge successes. Here are a few of the more successful ones and what their experiences can teach us.<\/p>\n<ul>\n<li><strong>Funding Circle<\/strong> \u2013 a FinTech unicorn based in the United Kingdom, Funding Circle provides a peer-to-peer lending marketplace that brings together small businesses and investors. Funding Circle took a customer-first approach and provided a fast and transparent way of getting loans directly from investors.<\/li>\n<li><strong>Coinbase<\/strong> \u2013 an American company that allows customers to buy and sell cryptocurrencies, Coinbase focused on security and regulatory compliance to win consumers\u2019 trust and become one of the most popular crypto asset exchanges around.<\/li>\n<li><strong>Onfido<\/strong> \u2013 based in the United Kingdom, Onfido provides background checks and identity verification by analyzing a photo from an identity document and comparing it to a selfie. By implementing the latest technologies, including machine learning algorithms, Onfido offers an efficient alternative to traditional time-consuming background checks.<\/li>\n<li><strong>Credit Karma<\/strong> \u2013 created as an alternative to traditional credit scoring services, Credit Karma is known for its effective communication strategy that proactively seeks feedback about how to improve services.<\/li>\n<li><strong>Adyen<\/strong> \u2013 a global payment platform that accepts more than 250 payment methods, Adyen has proved it possible to succeed in an established industry by offering a unique and convenient product.<\/li>\n<li><strong>Lemonade<\/strong> \u2013 created as an alternative to traditional insurers, Lemonade offers homeowners and renters insurance. Their use of innovative approaches and the latest technologies have helped Lemonade become a top FinTech startup and a serious player in the insurance industry.<\/li>\n<li><strong>Acorns<\/strong> \u2013 an app that automatically invests users\u2019 spare change from everyday purchases, Acorns also helps customers become more confident investors through educational and informational services.<\/li>\n<\/ul>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-12322 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='Improving the financial customer experience'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/improving-the-financial-customer-experience\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/06\/vector-3d-isometric-illustration-concept-of-e-commerce-online-store_1441-244-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-10244\" loading=\"lazy\" srcset=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/06\/vector-3d-isometric-illustration-concept-of-e-commerce-online-store_1441-244-150x150.jpg 150w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/06\/vector-3d-isometric-illustration-concept-of-e-commerce-online-store_1441-244-300x300.jpg 300w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/06\/vector-3d-isometric-illustration-concept-of-e-commerce-online-store_1441-244.jpg 626w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-10244'>\n\t\t\t\tImproving the financial customer experience\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Banks Lag in Adopting Generative AI'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/banks-lag-in-adopting-generative-ai\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2024\/04\/f7033231-50d3-8534-e444-af765eafd4271-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-17583\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-17583'>\n\t\t\t\tBanks Lag in Adopting Generative AI\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='What is blockchain, and why is it growing in popularity?'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/what-is-blockchain-and-why-is-it-growing-in-popularity\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2016\/10\/screen-shot-2017-11-01-at-15-37-22-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-3681\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-3681'>\n\t\t\t\tWhat is blockchain, and why is it growing in popularity?\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Lots of FinTech startups have brilliant ideas, but not all of them succeed. Some, however, become huge successes. Here are a few of the more successful ones and what their experiences can teach us. Funding Circle \u2013 a FinTech unicorn based in the United Kingdom, Funding Circle provides a peer-to-peer lending marketplace that brings together &hellip;<\/p>\n","protected":false},"author":5,"featured_media":12355,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[77,335],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/12322"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=12322"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/12322\/revisions"}],"predecessor-version":[{"id":12323,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/12322\/revisions\/12323"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/12355"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=12322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=12322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=12322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}