Fintech and Entrepreneurial Finance: what´s coming next?

Abstract

Fintech is a developing sector, due to the technological innovations and its importance in the economy because it is changing the way in which firms realize its business plans. Its evolution started as a result of the Global Financial Crisis in the United States and was in that country were started its advancement. Subsequently, its expansion was mainly to Europe and Asia. In addition, the sector is in continuous development as a result of the changes in the economy and the effect of globalization. This practice is related to the entrepreneurial activity and customers can use different alternatives to achieve its financial projects. As a result of the rapid development of the sector and its consequences for the economy, regulation is becoming a global issue. To control the activity of firms in its countries, United Kingdom created the Financial Conduct Authority (FCA) and the United States the Securities and Exchange Commission (SEC). In addition, it is necessary highlight the impact of the banking sector as a result of the development of technology and the use of Internet. As a result of Fintech’s evolution evolved and the future trends await more development of the sector