The Future of Finance: The Rising Tide of Fintech Lending and the Platform Economy

Today, the real economy has become completely divorced from the financial market. The market itself, flooded with money and protected from failure by Central Banks, has selfishly boomed. But in the real economy, commercial banks have effectively pulled up the drawbridge on their traditional banking activities, including lending to consumers and SMEs, with devastating social consequences. Fintech is rapidly emerging to fill this gap. Fintech lending platforms, Blockchain, DLTs, Advanced AI analytics and automation are converging to create new capabilities and transform financial services. Embedded finance is already allowing businesses to manage and sell innovative products, seamlessly integrating creative forms of payment, debit, credit, insurance and investment into their end-user experience, while tokenisation on the blockchain allows for the conversion of real-world assets into digital tokens, democratising wealth creation and management. In The Future of Finance, Francesco Filia and Daniele Guerini share their extensive experience in the world of fintech and take the reader on a journey to discover how this revolution is changing the future of finance forever.