Introduction to FinTech Consulting

FinTech refers to the integration of technology into financial services, aimed at enhancing their delivery and accessibility. It encompasses a wide range of applications including:

• Online banking platforms (e.g., Revolut, Monzo)

• Peer-to-peer lending (e.g., LendingClub)

• Blockchain and cryptocurrency services

• Payment gateways and processors (e.g., Stripe, Square)

• Financial analytics and robo-advisors

• Compliance & KYC/AML automation

Key Drivers of Growth

• Consumer Demand: A growing preference for speed, convenience, and mobile-first solutions

• Technology Advancements: Cloud computing, AI, big data, and APIs are lowering the entry barrier for financial innovation

• Regulatory Pressure: Open banking and PSD2 in Europe, alongside regulatory sandboxes, are pushing incumbents to modernize

• Global Access: FinTech is democratizing financial tools, especially in underserved regions

Impact on Traditional Banking

Banks are no longer the sole custodians of financial trust. FinTech startups are challenging old models by offering faster, cheaper, and more user-friendly alternatives. However, many banks are now embracing digital transformation by partnering with, acquiring, or building their own FinTech arms.

Who Are the Players?

• Startups & Scaleups: Fast-moving disruptors targeting niche problems with tailored tech

• Big Tech: Amazon, Apple, and Google are all entering payments and finance

• Legacy Banks: Attempting to evolve their legacy infrastructure

• Consulting & Infrastructure Providers: Firms like Tredeel (your company), providing backend, onboarding, and integration services for FinTech projects

The Role of a Consultant

As a FinTech consultant, your job is not just to understand the tech—it’s to understand the intersection of regulation, business models, technology, and human behavior. Whether helping launch a digital bank, integrating KYC platforms, or optimizing payment flows, consultants are the bridge between idea and execution.

By the end of this lesson, you’ll be able to:

• Define what FinTech is and describe its subcategories

• Understand the macro trends influencing the sector

• Identify the key players and their roles in the ecosystem

• Describe how consulting fits into the FinTech innovation cycle