Most fintechs are highly efficient: they operate online, with no costly physical infrastructure. They launch, unencumbered by the legacy costs shouldered by their old-economy competitors, whose business they aim to steal.
Starting from scratch also offers technological advantages: their infrastructure is more up to date and the user experience is typically much better.
But, by and large, it is the very low cost base that gives them a competitive advantage: disruption comes from stripping out the fees that the previous generations of businesses levied to pay for their physical infrastructure.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
