Select Your Location
Fintech applications are the new technological advanced applications that are providing improved products and services in the financial Industry. Fintech applications are used in the business to enhance and automate the processes and services of the financial sector. Fintech Application varies from project to project. Fintech Applications are designed in an innovative way of making fast payments by using mobile phones.
Table of Contents
Now a day’s people love the idea of having a technology-based solution for everything and almost in every sector. Fintech Applications are designed to connect consumers’ finances with technology as per the ease of the customers.
Fintech application has changed the way consumers access their finances. Fintech applications like Mobile payment applications (Pay Pal) have disrupted traditional financial and banking industries. Fintech application has made it possible to manage funds, trade stocks, pay for food or Online payments through this technology (and often on your smartphone).
Fintech applications consist of the administration panel. The features of administration Panel are-
Following are the features of the Fintech applications-
Fintech Applications are highly secured, and the important aspect is that the application deal with the real data of the users. Further, to ensure security, a security certificate is assimilated into the system.
For security and maintaining the privacy of the users, cloud storage is integrated which will help the system to store user data.
Fintech Applications provides a Chatbox support facility to the users who allow them to interact with the representative anytime to get an answer to their queries.
The user can extract their respective information through an online support facility where they can extract their information at any point in time.
Applications provide notifications which keep the user updated with all latest activities and changes of the application
In the present scenario, Fintech applications are playing a major role to upgrade the working of the business and banking sectors. Following are the major sectors where Fintech Applications are being used –
Loan Lending mobile applications are applications that help the borrower in availing personal loans. These applications are very easy to use, where the borrower has to submit the required documents along with the application which will be approved once checked and verified by the admin for security check. The procedure involves in the loan lending application is very discreet where the borrower can find the lender without any difficulty over the website.
Feature of loan lending application-
KreditBee is the loan application that provides personal loan to the professionals. Through the Online portal, the Personal loan starts from Rs.1000. Different loan products are offered by KreditBee-
It offers loans to customers (personal loan) and through this application, a user can apply for the loan once he/she will download the application from the play store. KreditBee offers a quick loan disbursal where no collateral is required. Further, this application is compatible with all Android phones.
Paysense is the application which offers an instant and easy platform to meet all the financial requirement. It provides instant personal loan and offers various benefits as compared to the other forms of borrowing the loan like borrowing from friends and relatives with low -interest rates and easy EMI repayment. Further, the process of availing the loan is very easy for the person who has not availed the loan previously.
Fintech applications are the applications used for Managing the Personal Finances, bills and also for tracking the personal and credit accounts. These applications are also used for International Money Transfer and tracking the software. Fintech applications are used for technological developments with the aim to improve the delivery of services related to finance.
Also Read: Fintech is shaping the future of Banks
Priyanka Bajpayee has done Masters in International Business Law and well versed in content writing covering the area of legal and finance. Also, she has practical experience of almost 1.5 years in Legal compliance and secretarial work.
The Financial Action Task Force, i.e. FATF (the Force), is the global money laundering and terr...
Advance tax refers to the payment of the tax liability before the end of the relevant financia...
On 11.12.15, the Hon’ble Delhi High Court (HC) pronounced a landmark judgement in the case ti...
Money laundering can be defined as the process of illegal concealment of the origin of money ob...
Every assessee in India is obligated to file an income tax return and make the timely payment o...
In the recent past, India has seen burgeoning demand for internet and smartphones. The rapid ri...
The Securities and Exchange Board of India (SEBI), the capital markets regulator, has recommend...
The objective of the enactment of the Prevention of Money-laundering Act, 2002, i.e. PMLA (the...
Tax planning is a continuing effort and a management strategy for ensuring the minimization of...
On 18th May 2023, the Securities Exchange Board of India (SEBI) released a Consultation Paper o...
Are you human?: 7 + 1 =
Easy Payment Options Available No Spam. No Sharing. 100% Confidentiality
Any acquisition or transfer of immovable property in India by a Non-resident Indians (NRIs), persons of Indian orig...
01 Apr, 2023
The advancement of technology has transformed many industries and institutions. Financial institutions like NBFCs h...
30 Jul, 2020
Red Herring Top 100 Asia enlists outstanding entrepreneurs and promising companies. It selects the award winners from approximately 2000 privately financed companies each year in the Asia. Since 1996, Red Herring has kept tabs on these up-and-comers. Red Herring editors were among the first to recognize that companies such as Google, Facebook, Kakao, Alibaba, Twitter, Rakuten, Salesforce.com, Xiaomi and YouTube would change the way we live and work.
Researchers have found out that organization using new technologies in their accounting and tax have better productivity as compared to those using the traditional methods. Complying with the recent technological trends in the accounting industry, Enterslice was formed to focus on the emerging start up companies and bring innovation in their traditional Chartered Accountants & Legal profession services, disrupt traditional Chartered Accountants practice mechanism & Lawyers.
Stay updated with all the latest legal updates. Just enter your email address and subscribe for free!
Chat on Whatsapp
Hey I'm Suman. Let's Talk!