The thriving fintech sector offer many benefits to customers worldwide. Here are the top taxonomical aspects of the fintech industry based on the Cambridge Center for Alternative Finance.

1. TAXONOMICAL
ASPECTS FOR
FINTECH
SECTOR IN
2021
TOP FIVE

2. Cambridge Center for Alternative Finance has given taxonomical
trends for the fintech sector. Let's look at some of the major
trends.

3. It consists of customized credit solutions, invoice trading, balance
sheet-based lending, microfinancing, and crowdfunding.
DIGITAL LENDING

4. This trend is a driver for the growth of the crowdfunding concept. It
fuels non-investment-based and investment-based crowdfunding.
DIGITAL CAPITAL RAISING

5. This trend is responsible for the cross-border P2P (Peer-to-Peer)
transactions or any sorts of money transfer services worldwide.
DIGITAL PAYMENTS

6. Customized digital solutions on the money market, mutual funds,
and equities can provide a secure and convenient way to invest.
DIGITAL SAVINGS

7. This trend can give customers a digital experience every time they
access the banking services or make transactions online.
DIGITAL BANKS

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