People use cash less today, choosing instead to engage with payment apps and online banking. Consumers discard their paper ledgers, balanced check books and physical trips to the bank. Instead, consumers use online banking and payment apps to make financial transactions.Even financial advisors act as client manages today. Financial advisors use algorithms in money management. Computers do the same, they place stock trades at a rapid frequency. In all this change, many finance venture opportunities await the entrepreneur.
We don't always see venture opportunities in finance industry as the most exciting. A financial breakthrough is not like driver-less cars. But a great innovation in this space is actually much more impactful. The statistics support this. Experts suggest there are more than 100 billion transactions done every day. That's a lot of opportunity for innovation.
Do you want to solve a problem at your work that still requires the use of Excel and Paper? Not likely. The finance space is going completely digital. This shift creates unique opportunities to be a the forefront of this evolution.
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