How Fintech is helping Entrepreneurs


Fintech is changing the way entrepreneurs do business. It has helped them in many ways, including reducing their cost of doing business by providing them with better access to loans and other financial products. Whether they are business loans, or personal payday loans.

Financial Technology aka Fintech is a new type of technology that helps people to do business more efficiently. Think of it as banking 2.0 or even better, 3.0.

Let’s have a look at some of these companies and how they help speed up daily transactions, while reducing costs. Something that entrepreneurs love.

The Dave App

Dave is a finance app that gives you access to your bank account and credit card information. The app is free to download and use. It also has a number of features that make it stand out from the rest.

The Dave App Finance is a great way for people to get an overview of their finances, and for those who want to take control of their money, it’s a fantastic tool to do so.

Although it’s mostly designed for personal use, it really helps businessmen start a business.

Especially if it’s their first time and they are not that savvy with money yet. So it’s a great tool to have in that sense. Something the beginner budding entrepreneur can use.


Koho is a leading provider of business loans in Canada. Used by a lot of Canadians during the pandemic. They offer a wide range of financial services to businesses and entrepreneurs, from loans to investments and insurance.

Koho was founded in 1996 by a group of entrepreneurs who wanted to help provide Canadians with the opportunity to grow their businesses. They have been providing Canadians with financing solutions for more than 20 years and have helped thousands of people start, grow or buy their own business, while making a positive impact on the communities they serve.

In this section, we will discuss how Koho helps people get the funding they need for their business ventures.

If you are looking to start a business, this is a great way to learn how to manage your money first.


Stripe is a company that provides a payment processing system. It was founded in 2010 by brothers Patrick and John Collison. Stripe provides a service for accepting payments across the internet, particularly through mobile devices. It’s so easy, that you don’t even need to understand flowcharts to figure out it’s complex way of sending and receiving money.

The company offers its services both to businesses and to individuals, with the latter being able to accept payments for goods or services through a personal website or blog.

Stripe’s software is used by more than 100,000 companies including Lyft, Kickstarter, and In 2013, Stripe received an investment of $250 million from venture capitalists such as Peter Thiel’s Founders Fund and Sequoia Capital at a valuation of $1 billion (USD). In 2018, it became valued at $20 billion (USD).

The company has raised $245 million in funding from investors including Sequoia Capital, Andreessen Horowitz, Peter Thiel, Elon Musk and Thrive Capital.

Every entreprenaur knows Stripe. Well maybe not all but a lot.


PayPal is an American company operating a worldwide online payments system.

It was founded in 1998, and became a wholly owned subsidiary of eBay later that year. PayPal is also available in Germany, France, Poland, Italy, Spain, Austria, Belgium, the Netherlands and Luxembourg.

It’s online payment system that allows its users to transfer money to each other and purchase goods or services. The company was founded in 1998 and it is headquartered in San Jose, California.

Paypal was originally created as a way for internet users to send money to one another without having to go through the process of exchanging personal financial information. The service has grown into a global operation that enables people and businesses all over the world to conduct financial transactions online.

Although considered a grandpa in the world of fintech, Paypal still helps millions of people out everyday.


Affinipay is a global payment platform which was founded in 2014 and is headquartered in Singapore. It has a payment gateway and an e-wallet for both consumers and merchants.

The company’s main product, the Affinipay Payment Gateway, allows merchants to accept payments from customers using their smartphones or tablets.

The e-wallet service, which was launched in 2016, allows customers to store their credit card information or bank account details with the company so that they can make online purchases without having to enter their card details every time.

The Affinipay Payment Gateway currently supports more than 40 currencies and 150 countries.

What Lies Ahead

As you can see, these are just a few tools that entrepreneurs can rely on. However, the future looks really bright for business enthusiasts and Fintech alike. Let’s see what new innovations occur in 2022.

About Carson Derrow

My name is Carson Derrow I'm an entrepreneur, professional blogger, and marketer from Arkansas. I've been writing for startups and small businesses since 2012. I share the latest business news, tools, resources, and marketing tips to help startups and small businesses to grow their business.