As retail investors gain ‘#fintech’ access, jury remains out on whether reward outweighs risk
As #financial technology companies expand their trading services to retail investors, experts are unsettled over what the democratization of these technologies means for the average investor.
Financial technology firms, collectively known as “fintech,” are swiftly bridging the technology gap between retail traders and their institutional counterparts. They are developing popular alternatives, such as financial data analytics and mobile-centric trading platforms, in a wealth-management landscape traditionally dominated by big Wall Street firms.
Other examples of democratization by technology is Bitcoin/Blockchain, Crowdfunding aka Collaborative Consumption or the We Economy. I like the switch back from We to Me in recent evolution of the term “Internet of Things” to “Internet of Me” ie personalization.