The world is your oyster, the companies you select do not have to be only B2C businesses (which we typically tend to be more familiar with). In addition to the B2C businesses, you are free to pick any B2B or B2B2C (or indeed any other permutation of B, 2, and C) – I already choose the companies for you below. – Clarify the country or the geographic region the business operates in. Very few FinTech businesses are Global (we all know one that operates in over 100 countries, can we think of a few others)? There are some Mega FinTech companies in China, with somewhat different business models compared to the ones in the rest of the world. Please feel free to explore the same. 1) Name three FinTech companies that you know of and/or have used. Please use the following companies: A) Square (USA) B) STC Pay (Saudi Arabia) C) Ant Financial OR Tencent (China) – Which ever is easier for the writer to use and answer. 2) Which of the different financial services function/s do they perform? (e.g., Wallets/Money Transfer, Payments Processing, Lending (personal, business), Crowdfunding, Personal Finance, Wealth Management, Insurance, Capital Markets, Data Provisioning, Cryptocurrency, BlockChain, Other?) 3) What do you think is/are their main value proposition/s relative to the incumbents or the traditional way of doing business? 4) Do you think they will be successful as a Business (economic viability)? If so, why so? If not, why not?
