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Category: FinTech

7 Ways Fintech Can Improve Your Business!

Posted on by Imarticus Learning

Fintech has taken the financial service industry by storm. Its compelling and tangible benefits have enabled financial institutes to do more in less time and resources, and hence the latest trend in the industry is to embrace Fintech.

Through its services, Fintech has proved that it is not a bubble waiting to burst and is indeed a revolutionary concept that will result in sweeping changes in the finance sector. So, if you still haven’t joined the bandwagon and accepted Fintech, then you are missing out on a world of opportunities.

Wondering what benefits Fintech course online can bring to your business? Here we walk you through the seven ways in which your company can leverage from Fintech.

  • Seamless lending

‘Together we stand, divided we fall’, this quote holds the most in the world of business. There are times when peers need to help each other financially to survive the storm. But thanks to the complex banking systems and structure of financial institutions, it is not always possible for peers to help each other even if they wish to.

But, times have changed, and with Fintech, peer-to-peer (P2P) lending has become seamless. Fintech has removed the reliance on financial institutions and has enabled peers to lend money to each other directly.

Hence, this is the best time to look for expansion in the world of business as now you are assured of backing by your peers.

  • Making reporting and documenting a walk in the park

Record keeping is one of the daunting tasks in business. This process is hectic, time-consuming and eats productivity of your human resources.

But worry no more as Fintech brings automated reporting and documenting systems that simplify the entire process and inject efficiency and speed.

For example, an enterprise content management platform digitalizes all your data and records and makes it accessible in one go and from any source.

  • Understand customer’s creditworthiness

One of the proven strategies to win customers is to offer them credit. But it is a double-edged sword as you have to be completely assured that the customer can be trusted to pay later.

Analyzing the customer’s creditworthiness with manual checks takes plenty of time, but Fintech does this work for you in real-time. This results in better conversion rates and more profits.

  • Efficient cash flow management

Poor cash flow management is the cause of 82% of new business failures. Efficient cash flow management is integral to the success of your business and Fintech enables you to do that.

With Fintech, you can keep track of payments so that excessive payment periods, unpaid invoices and a lack of cash flow visibility do not hinder the growth of your business.

  • Precise problem identification

Traditional practices for problem identification are plagued with bureaucracy, lengthy processes and manual errors. But as Fintech deploys automated methods, problems are identified in real-time and that too with precision.
This provides your business buffer time to come up with a solution and also helps in creating accurate answers for problems.

  • Robust Intelligence

Data management is of the essence in sectors such as financial services. And Fintech is probably the best bet for managing data efficiently as it is equipped with necessary automated systems that streamline your business and bring convenience.

  • Better technological integration

In this era of the digital age, tapping into the potential of the technology is pivotal for the success of your business. Fintech offers seamless technical integration that allows you to get the best of all available technologies and expand your business.

With Fintech, you can create fast payment methods that make shopping a hassle-free process for the customer and can also perform various other tasks. Fintech courses also offer some incredible benefits in your business.
Undoubtedly, Fintech will be an essential cog of every successful business in the future.

So, if you want to survive the test of time, then you must embrace Fintech today. The aspects as mentioned earlier are just a few of Fintech’s benefits. This technology has plenty more in the store waiting for you!

How Your Job Will Be Stable If You Start A Career in Blockchain?

Posted on by Imarticus Learning

The blockchain technology has moved beyond Bitcoin and cryptocurrency and has a wide array of theoretical applications. Many start-ups, legacy company, tech firms and government agencies are hiring blockchain developers towards the development of their projects such as ICOs, digital wallets, incorporation of blockchain technologies smart contracts into accounting, HR, finance and IT functions of large-sized enterprises etc., as a result of this a career in blockchain can be a highly lucrative option.
Career in Blockchain
Blockchain has become the equivalent of ‘the cloud’ of the mid-2000s and is predicted to become the next big thing. The blockchain is one of the fastest growing skills in the industry, and the current demand is exceeding the supply of blockchain engineers and developers available within the marketplace.
Some of the most in-demand blockchain jobs in the marketplace are:

  • Blockchain developer

There is a high demand for blockchain developers in the market as the industry is still in its infancy, has enormous potential, everyone is gearing up to become the market leader in this domain. The scope and full potential of blockchain developer are yet to be discovered entirely with the technology having immense potential.
The position of a blockchain developer can be one of the safest position within the industry due to the versatility of the position, a blockchain developer is in a position of offer multiple roles and can be transferred almost anywhere within the horizontal of the company.

  • Blockchain Project Manager

The roles and responsibilities of a blockchain project manager involve connecting the wide range of dots within the organisation’s business cases within the development of blockchain-based technology. They have to coordinate with multiple blockchain experts within and outside of the organisation involved in the development of blockchain related projects of the company.
These professionals are required to have knowledge and experience of working within the industry, technical know-how and should be able to communicate project reports and status to various stakeholders who do not have the technical understanding of blockchain. These positions are often filled on a project basis and hence have some level of instability and lack of job security.

  • Blockchain Quality Engineer

These are the equivalent of quality control and quality assurance engineers of blockchain and can be considered as one of the most important careers in the blockchain. They are required to test and ensure the quality of all areas of the blockchain-based product or project. They are further required to test, automate and test a wide array of frameworks within the blockchain. Blockchain quality engineers also guide the testing of the strategy of development of blockchain and maintaining quality test standards.

  • Blockchain legal consultant and attorney

With the advancement and introduction of newer technologies, a wide array of legal questions, implications can arise. Companies and businesses need to hire legal experts towards addressing these questions and concerns and safeguarding them from any foreseeable legal complications. Legal experts help businesses and companies to understand and prepare them to face and protect them from various scenarios which have legal implications.
Probably one of the most stable positions in any industry, blockchain legal consultants and attorneys is deemed to be one of the most lucrative careers for legal and blockchain professionals.
The Verdict
The decline of prices of Bitcoin and other cryptocurrencies is no indication for the future of the Blockchain technology. Blockchain technology might be the underlying technology for Bitcoin, but it has a wide array of implications and development of these technologies is still in its infancy.
As and when the blockchain technology will evolve, it will open more opportunities can avenues for a career in the blockchain. While it is impossible to predict how the blockchain technology will shape up in the future, a career in blockchain is expected to be quite stable and lucrative for blockchain engineers and professionals.

JP Morgan Launches Its Own Cryptocurrency

Posted on by Imarticus Learning

Amidst all the speculations and debates about the ability of cryptocurrencies to store value, the US banking giant, JPMorgan & Chase announced the launch of their own digital currency. The “JPM Coin” is expected to conduct a tiny fraction of the bank’s $6 trillion daily transactions.
So, What is JPM Coin?
The JPM coin has been created on top of Quorum which is an enterprise-focused variant of Ethereum blockchain platform. This new”cryptocurrency” from JP Morgan Chase isn’t exactly a Cryptocurrency. It is more like a digital representation of basic banking. It can be only used to represent your money located within a Morgan Chase account. Stable coin will be a more matching description for JPM coin and it looks promising enough to spread all over other banking systems in the near future.
How does it work?
Unlike the Bitcoin and Ethereum, the value of a JPM coin is pegged to the US Dollar. So one coin will be always equal to $1. Once a customer transfers his money through the bank, the fund will be transformed into an equal number of JPM Coins. These coins will be transferred instantaneously to the recipient and he can redeem it from the bank.
Why JP Morgan and Chase are launching a Digital Coin?
In early 2018, the bank had expressed its interest in the blockchain technology and cryptocurrencies with proper control and regulation. The ability of these technologies to enable immediate value transfer and lower capital requirements have always attracted such financial firms. Most large banks in the world are now doing their research in the blockchain technology to find a cure for many woes present in the financial sector.
One of the major woe JP Morgan chase trying to solve through the JPM coin is the ageing Swift transaction networks. With this new coin, the bank will be able to provide a faster, cheaper and reliable environment for value transactions.
The Important After Effects of this Launch
JP Morgan Chase is the first major financial institutions in the US to introduce its own digital coin. It can be seen as a positive sign towards the upcoming applications of blockchain technology. By introducing JPM coin, the bank has validated the credibility and reliability of blockchain technology which will motivate other private and government institutes to adopt the technology.
The huge size of JP Morgan and Chase bank will help the rest of the world to understand more about the scalability and global adoption of the blockchain. With around 27 million accounts to serve data, the end result of this digital coin will influence the consumer blockchain adoption.
However, this facility is not yet available to the general public. According to the bank, the coin is still in its test phase. As of now, this service will be limited to a few institutional clients. With other large banks including Citi moving forward with their blockchain research, in a very near future, we can expect the more interventions from this tech into the traditional systems.

What Are The Blockchain Technology Courses To Meet Demand in The Workforce?

Posted on by Imarticus Learning

Blockchain technology is simply decentralization of data that is achieved by collecting the data on multiple systems. Due to the lack of centralized data, hackers find it very hard to penetrate the security walls of the application that are safeguarded by the blockchain advancements. Due to its robust and reliable nature, many industries including health, real estate, finance, and other industries are adapting to it. As a result, there is a huge career scope in this domain.

Why Blockchain Technology is The Catch Today

Financial companies and top banks in the world are leveraging blockchain technology to implement a higher level of cybersecurity in their transactions. This technology can not only be shared by different users, but every bit of data needs to be authenticated completely before entering the network.
Logistic companies’use blockchain technology to track their containers across the world and it is also being implemented in the food and agro-based industries on a large scale.
Even HR recruiters are using this technology to verify the authenticity of the documents and to check their backgrounds. With a myriad of software services, blockchain is being used in different sectors such as medical, telecom and much more.

Popular Blockchain Technology Courses

The growth of Fintech in India has been substantial over the last decade, and therefore, today many financial institutions provide blockchain course training. Some of them also include blockchain certification in their curriculum. Students who have a background in networking or languages like Java and Python can learn about blockchain to meet the rising demand for blockchain developers, engineers, and designers in the market. These blockchain course are online-courses and popular in the career markets of today.
1. The Basic training: This fundamentals training in blockchains takes you through the evolution of blockchains and how they work. You may even find free courses that give you tutorials on blockchains through the online medium.
2. Certification courses: A Certified blockchain course is an option for aspirants making a career in fintech and wishing to learn applications and skills in blockchain technology aimed at developing solutions for real-time and industry-related problems. A computer science backing and graduation can help careers of investment bankers, DevOps people, software developers, investment bankers etc. make a career in the Fintech segment.
3. Certifications: Students and professionals who are interested in a blockchain course and certification can take up Blockchain council certification at Imarticus Learning, which is an online certification course for blockchain experts.
Fintech is a term coined from morphing words of Finance and Technology. The financial transactions sector is heavily impacted with blockchain technology making the transactions secure, rapid, immutable with excellent record keeping in distributed ledgers and cryptographically encoded blocks interlinked to each other in hash-tag codes. Almost all technologies like AI, VR, AR, IoT use the advantageous blessings of blockchain advantages to spur their growth and productivity. This, in turn, fuels the demand-supply gap for trained professionals and drives the payouts to unbelievable levels for the experts and well-trained professionals.

How Blockchain Technology Helps the Careers of Professionals:

A basic understanding of blockchain will prove insufficient for the professionals as they also have to apply their knowledge in real-world scenarios and issues. However, due to a serious dearth of blockchain professionals, companies are willing to hire people who have a technical or software background. Moreover, IT companies are also looking to hire freelancers on the basis of hourly pay to satiate the demand in the workforce.
Where opportunities exist:
The Fintech sector and industry need professionals and personnel in
• Emerging Technologies like cloud services, blockchains etc.
• Payments and digital financial transactions.
• Working in analytics of Big Data.
• Cryptos and virtual wealth management.
• Solutions and service providers.
Suitable job roles in high-demand:
• Managers of projects and product owners.
• Experts in data management.
• Business Development and Sales.
• Recruitment and HR sector.
• Experts in financial markets, debt capital markets, equity funding etc.
You can find openings in diverse verticals ranging from internship positions to Blockchain developers, Project Managers, Quality engineers, Web designers, Blockchain attorneys, engineers and more. This is precisely why a blockchain course can feed off the growing market demands for blockchain experts and provide a futuristic well-paying growth-oriented career.

Advantages of Doing a Fintech Certification

Certification in Fintech is a measure of your technical skills and aptitude for a career in the fintech industry which is evolving and has high personnel demands. Doing a good blockchain course like the Imarticus’ Fintech Prodegree will equip you with the fundamentals, concepts, theoretical and practical skills with coveted certifications that enhance your resume, job prospects, and career.
The advantage of mentoring by industry aces gives you the edge of experience learnt through techniques, tricks, best practices, skills, and lots of practice on cutting-edge trending applications and technologies. You will also need technical skills taught in these courses like skills in IoT, DevOps, Python, Big Data analytics, ML, and Hadoop.
Non-transferable skills are extremely important and properly aligned with your career and enterprise’s needs. You must have the following traits.
1. Excellent communication and interpersonal skills.
2. Creative and innovative problem-solving skills.
3. Team skills in contribution, and collaboration.
4. The dedication and ability for long work-hours under pressure, ambiguity, and lack of SOPs in a startup environment.
5. Integrity and financial discipline.
6. A team-player and quick learner of techniques and best practices.
Payouts: Definite standards in payouts are not present as of now. According to reports on Glassdoor, the payments are very appreciative and second to very few. However, with this evolving and rapidly expanding sector the demand for personnel is much higher than the supply positions thereby driving the demand for better salaries and promoting quick growth in Fintech careers.
Conclusion:
Careers are always the result of research and career choices. The present-day professionals are lucky to have sustained demand in the Fintech industries which encompass a gamut of verticals from insurance, digitized payments, real-estate, technological services, cloud storage and many more where there is undying job demand for analytics, software, and expertise in ML. Banks, financial stock markets and services supporting the Fintech industry are bound to see exponential growth in the next decade. Be prepared by doing a blockchain course with the Imarticus Academy.

All you Need to Know About Learning Bitcoin Blockchain Programming?

Posted on by Imarticus Learning

 

Bitcoin Blockchain is a crucial blockchain that was intended for the only reason to note the transactions as a fixed permanent record. Therefore it accompanies stack based scripting language with a few commands only and not the top-level programming capabilities.

Blockchain training is intended for people who need to make a profession in the blockchain technology and remunerating field of digital currency. The blockchain learning comprises of the fundamental knowledge of cash, blockchain and bitcoin, wallet security, local and worldwide organizations and foundations that are right now utilizing this blockchain technology.

In this guide, you will learn that the bitcoin and blockchain technology is the most important topic running around the globe.

What is Bitcoin?

Bitcoin is digital money analysed in 2009 by Satoshi Nakamoto. This currency works in a shared framework, using the blockchain technology. Bitcoin manages transactions, and no one claims to controls Bitcoin.

What is Blockchain?

The blockchain is an anti-corruption digital record of monetary transactions that is programmed to account monetary transactions as well as everything related to finance. It is a chain of blocks, and every block consists of the information of digital ledger of records that are connected with each other via cryptographically secure and permanent frameworks.

Learning Bitcoin Blockchain Programming

You must be wondering, what you ought to do to learn blockchain and enter into the blockchain space. It is really easy. All you need to do is to have some basic knowledge about the Bitcoin, Blockchain, Blockchain technology and programming, Cryptocurrency and the basic software engineering fields that brought forth the blockchain technology. These terms were solitarily studied for a considerable length of time; however, when Satoshi Nakamoto united them, it made a brand new revolution.

There are many sources you can learn from like over the internet, some blogs related to them, e-books; also there is a community named “incodewetrust” where there are more than 200 developers present to share their knowledge regarding the same topic. And also there are many courses available online and offline to have a full study of Bitcoin Blockchain Programming.

This course trains the learner to program the blockchain. This helps the learner to: 

–    Understand and learn primary blockchain concepts.

–    Strategies for creating applications on the blockchain

–    Data about the progressing explicit industry-wide blockchain systems.

It is perfect for software engineers and designers engaged with creating and actualizing blockchain applications.

Also, one can take blockchain training in Hyderabad as well.

Blockchain training in Hyderabad is provided by the Open Source Technologies which is famous for it’s propelled preparing educational programs and giving complete methodology oriented learning which will undoubtedly give the absolute subject information.

A certificate is also given to the student which is an additional preferred standpoint that enables you to get the best job for your skills. These courses will likewise clarify the present cases of bitcoin and blockchain innovation that comprises of payment rails, secure ledgers, smart contract, and verification of possession, settlements and small scale transactions.

Objectives of Bitcoin Blockchain Programming course

–    Basic knowledge about the Bitcoin, wallet and transactions

–    Agree to receive Bitcoins as payment

–    Wallet Management

–    Basic knowledge about the Blockchain

–    Investing Bitcoin

–    Cryptocurrencies

–    Complete job training.

–    Best lab framework.

–    Reasonable course expense.

People who can opt for Bitcoin Blockchain Programming course

–    Business Employees

–    IT Professionals

–    A person who is looking for a job

–    Graduates and postgraduates

–    Administrators

Final words

No doubt that learning blockchain is very important today. And it is made easy as there are courses available online and offline from where one can learn but be careful with courses that request you to pay a good amount of money and will make you learn the theory only. If you are paying for such courses, please ensure you take in its practical knowledge too.

What Are the Advantages of Blockchain Certification?

Posted on by Imarticus Learning

It would be right to say that our digital economy has received an absolute overhaul with the blockchain technology. Mainly these transformations led to large corporations like Yahoo, Amazon, Google and many more who adapted to the technology to emerge world-leaders and changed the world from what it was and used to be.

The Emergence of Blockchains:

Cryptocurrencies actually gave rise to the concept of Blockchain technology. This technology evolved from the nerve centre of cryptocurrencies like Bitcoin, which emerged in the aftermath of the 2008 global stock-market crash and economic crisis of 2008. Though designed for financial transactions the technology has made rapid strides invading nearly every field like insurance, banks, stock-markets, healthcare, record keeping of properties and assets, real-estate segments, smart-contracts and so much more.
Presently two blockchain technologies are important in the global scenario. Namely the
1. The Bitcoin blockchain: This was devised to provide secure and transparent accounting of virtual Bitcoin currencies and made the transfer of money and trading in cryptos decentralized, secure and transparent.
2. Ethereum blockchain: This blockchain though similar to the BitCoin blockchain also provides programming logic. And hence, it overlooks the digital activities of accounts; transactions etc, as well as provide a programmable platform for its users.

The Blockchain is Revolutionary
Blockchains were termed revolutionary for the following scoring features.
• Cryptocurrencies became tradable assets.
• Code rules all transactions:
The blockchain is based and governed by its coding. Once recorded it cannot be changed or tampered with. Also, the digital records are available to the public and thus ensure a safe, immutable, recorded transaction.
• No governmental, legal or regulatory involvement as a third-party exists.
• Trust and records between transacting parties without the involvement of institutions and banks were welcomed.
• Data is permanently stored.
• Blockchain verification and public record verification were used to track and verify every transaction.
• Access is only through your private key.
• Use of a reliable currency exchange platform prevents hackers and ensures safe transactions.
• The receiver address is very important:
In a digital and decentralized system once you transfer to a wrong party there can be no charge-backs or support interventions.
• The possibilities of using tokens to make purchases, trade, sell or buy anything in virtual currency.
• The accompanying digital wallet has enhanced security and can be password protected.

Advantages Of Blockchain Certification

Considering the fact that this futuristic and potential bearing technology has all the tick-marks for being the technology of the future, there is sufficient reason to learn it and get blockchain certification. Some of the reasons which encourage enrollment in blockchain technology courses and also act as an advantage for getting certification in blockchain are

  • Blockchain technology infrastructure is simple and does not need varied and different kinds of infrastructure. Rather, both of these technologies use the distributed ledger technology and have an infrastructure that is universal, more advanced than the others, and still compatible with many other processes in terms of its integration and robustness. Thus this technology alters the way data is shared among various blocks.
  • The futuristic flexible technology may be quite lukewarm in terms of returns and investments in it at the present. But, at the same time, this provides the ideal platform for futuristic growth. Adapting to this technology would lead to more flexibility, new capabilities and lucrative opportunities that can be leveraged in future markets.
  • The blockchain is at disrupt. This is mainly because of the fact that it would be readily encouraging transactions to take place between two parties, without the hassle of including an intermediary. Thus leading to a lot of players in the market to hone their skills and up their game.
  • The blockchain is slowly emerging and presently confined to financial transactions at the present. Right now there are a lot of possibilities for it to branch out into various verticals and industries.

The Uses of Blockchains

Learn Blockchain Technology to leverage its awesome features in the

  • Financial transactions and sectors needing immutable records like banks, stock markets, real estate transactions and such.
  • Recording rights, trademarks, patents and preventing plagiarism in music, literary, entertainment, art and such fields.
  • Legal contracts, recording of registration, agreements, transfer certificates etc.
  • Insurance, healthcare, subsidy distribution and such sectors.

Types of Developers:
As a tech enthusiast, you can avail training in blockchain technology courses to become a Core Blockchain Developer or a Blockchain Software Developer. Core developers deal with architecture development, protocol design, decision-making, consensus design, and design development. The developers of software deal with the protocol and architecture used in creating blockchain enabled applications.

Tech Skills Required For Blockchain Certification

The skills acquired in a blockchain training course include

  • Coding skills are essential for logical interpretations and quantification.
  • Cryptography and its methods like the hash functions and a digital signature generating asynchronous cryptography.
  • The architecture of blockchains laid out in the Bitcoin whitepaper.
  • Programming languages and relational database procedural languages like OOPs, C , JavaScript, C etc.
  • Structures of Data including data structures like Stack, Merkle trees, Petrecia trees, advanced cryptography, Queues, LinkedList, Tree, Hedera HashMaps etc.
  • Smart Contract enablers like theTruffle suite installation and working on Mac, Windows and Ubuntu.
  • Platforms and frameworks likeHashGraph, Hyper Ledge, Ethereum, EOS etc.
  • Development of Smart Contracts including functionalities of smart contracts and specific network languages like Ethereum’s Solidity, Chaincode, Viper, etc.
  • Web-Development both front and backend decentralized application development, handling APIs, requests, Dapps based interactive GU interfaces etc.

Job scope and payouts:
Indian salaries range according to Glassdoor in the range of Rs19 to 21K in India for fresh candidates and Rs 288 to 313K for the experienced at higher levels. In the US Application Developers get an average salary of 85,534$ pa and for a Software Engineer, it is about 98,460 $ pa. According to Upwork blockchain engineering and development is the second most-evolving sector.
In parting, if you are interested in pursuing a career as a blockchain developer then do a blockchain certification course from a reliable institute like Imarticus. This ensures you get both the theoretical knowledge, technical skills to adapt the learning into solutions, and practical knowledge of trends and industry-relevant knowledge to further your career. Learn Blockchain Technology by doing a blockchain training course. Such courses can give your career a head-start.

The Advantages of Learning Fintech

Posted on by Imarticus Learning

In any market, when a certain industrial product or service is launched, there are a variety of reasons why it may work or may not work for the industry. This holds especially true in terms of any of the new technologies entering the market. The growth of such technological industries determines the influx of new players, some of whom may come in with a silver spoon in their mouths, basically turning everything they touch into gold, great turnovers, fabulous mergers and acquisitions and so on. At the same time, there are also a number of failures and flounders in the industry.
Also Read: Introduction to Fintech

The fintech industry is not a very new one and has been through its fair share of ups and downs. In spite of a little while of a slump in the middle, there are many ways in which the fintech industry has strived and turned its trade positive in order to come to be thriving in the present times. One of the main reason why this industry has seen more ups is that it catered not just to the big guns but also to the small business owners which included all the disadvantaged sections of the society, women, minorities and immigrants.
This industry is going to grow on and be stronger, which is why there are many experts who believe it is advantageous to get certified and get into this industry.

Here are a few reasons why we believe there are great advantages in learning Fintech;

    1. Financial technology has been criticised in the sense that it would not see a large number of growth and developments in the future. But the majority thinks otherwise. The reason that fintech is actually going to be there in the industry for a much longer time is the very fact that banks are getting digitalized and they are doing so at an alarmingly fast rate. The industry is no longer at the innovator stage and is more at an adoption stage. Thus getting certified to work in this industry will prove extremely advantageous.FinTech Banner
    2. Fintech companies or those organizations that are involved in this industry don’t really have the rules of capitalism apply to them. This is mainly because of the fact that, in capitalism, there is the chance of companies getting explosive dividends and later on also going bust. But in case of fintech whenever a void is created, there would be a number of alternative lenders to jump in to fill it up. This is the reason why the field of fintech which does not follow a ‘growth at all costs’ mentality will definitely flourish both in terms of growth and job opportunities.
    3. The world is getting digitalized on a massive scale and today no one really has any time for actually getting their transactions done from slower, larger financial corporations anymore. Technology has touched every single sphere of life including the sphere of banking. This is why learning the various nuances of fintech would be most definitely an advantage for candidates entering into this new world of technology.

The above reasons are why learning fintech is a great option for candidates looking to get into the industry today.
Related Article: What are the career opportunities in the Fintech sector in India?

Indian Fintech 5.4$ bn in 3 Years

Posted on by Imarticus Learning

It has been only around three years since the inception of the first Fintech startup in India. Since that very first day, this sector has been growing steadily. We know that in November 2016, our high-value currency notes were demonetized. Unlike many other businesses, the Fintech startups made huge benefits from this government decision. In the next three years after demonetization, a huge percentage of Indian people have adopted digital transaction. The investors have identified this opportunity and raised about $5.4 billion in equity funding. From the $593 million in 2016, there was an increase of a whopping 300% to $2.34 billion in 2018. The year witnessed 144 equity deals in the Finitech sector.
So, What are the Factors Attracting the Investors?
The Fintech service firms are literally redesigning the way the financial transactions conducted on a daily basis. When it comes to India, such a large country with over a billion people, there is a huge untapped market for Fintech startups, to begin with. The rate of mobile penetration has reached 65-75 percentage in India which is expected to hit the 90% mark by 2020. The market opportunity presented by this alone is huge enough for all the investments to make sense.
Also, it is estimated that as much as 90% of India’s small businesses are yet to link with formal financial institutes. Similarly, there are plenty of gaps between institutions and services in India which offer great scope for the Fintech solutions.
The Upcoming Years
So many reasons are pointed out by the experts for the investors to stay excited in the upcoming years.

  • The maturity of Fintech sector: The series D round of 2018 witnessed six deal in total. In 2016, there was not even a single startup to make it to the series D stage. This comparison indicates the maturity of the Indian Fintech sector.
  • The growing number of “Unicorns”: Until 2017, the Paytm was the only so-called “unicorn” company from Fintech sector. By 2019, the list of coveted companies from Fintech got longer with BillDesk, PolicyBazaar and PineLabs. Now, Fintech has the most number of “unicorn” companies beating the e-commerce sector.
  • The increased Quantum of investments: There has been a massive jump in the quantum of investments. Between 2016 and 2018, the number of series A deals grew 12.5%. But the deal size grew from $64 million to $146.8 million, a growth of 129 percentage. The growth of Series C deal size for the same period was a whopping 270%.
  • Opportunities in the Lending sector: Lending has remained to be the biggest attraction for investors in Fintech. Almost half of the equity funds were invested in startups focused on lending. With huge numbers of untouched markets lying beyond the Tier I and Tier II, lending startups have a great future in India.

With the internet connection being more accessible and government supporting the digitization of the economy, there is no doubt about the opportunities lying ahead in India for the Fintech. Hence, the large investments made in this sector are clearly no wonder and it will probably continue for the next few years.

Fintech Will Make You Tons Of Cash. Here’s How!

Posted on by Imarticus Learning

It is often said that, “Wealthy is a man who knows how to invest”. In today’s time, it cannot be more relevant! As many prices soar higher, we look at more ways of getting richer. It’s not just a job that can provide us the financial resources. Investing is a formidable option to make those extra bucks! Who says investing is only for the affluent? Read on and be amazed!
In today’s time, investing has gone digital. With disruptive technologies like blockchain technology, cryptocurrency is the new money mine that you may be looking for!
Fintech, a game-changer in financial transactions and services, is the umbrella of all financial technologies that carry out financial operations, seamlessly over the internet.
Thanks to blockchain technology, investing in shares online is a safe and reliable option.
The blockchain technology makes use of the concept of a chain of blocks that are made available like that of a public spreadsheet, which can be accessed from any device. The blocks are all inter-related and the chain updates itself automatically, every ten minutes. The system is very robust and transparent. It is used by BitCoin, a cryptocurrency. A ‘cryptocurrency’ is ‘encrypted’ for protection and can be thought of as value or money that we transact online.
If used well, Fintech will make you rich. Here’s how!
Fintech, short for financial technology, is a new haven for investors and venture capitalists alike.
Using financial technology that is innovative and robust helps investors keep track of their shares effectively. We now have robo-advisors that are ready to give seasoned advice on investments, using specialized, high- speed and accurate algorithms.
There are plenty of applications that help in fetching data real-time, calculating and assessing the market and its potential.  Artificial intelligence, deep learning and data analytics power fintech into a hot spot for investments.
There are potentially big opportunities that fintech courses has to offer. There are large areas untouched by it, which can create a demand in the future. As more emphasis is laid on customer experience and ease of use, the industry is poised to grow elegantly and reach as many users as possible.

 

The payment sector is ever growing and investing here is a very safe option with reliable returns. The sector is expected to grow further. One can also invest in the mobile and internet banking sector as this area has a huge potential, especially since, in many developing countries people are moving towards fintech. Yet another area swept away by the charm of fintech, is the insurance sector.
It is an always in-demand market with no potential pitfalls. Customers meet their insurance needs easily and get instant risk and crisis management advice. Not only this, but even the traditional financial institutions like the banks and willing to collaborate with the financial technology industry. So, it’s a win – win situation! Being a shareholder or having equity in early-stage start-ups is a good idea too! It’s a thriving international market. After all, you invest in ideas and talent.
Marketplace peer to peer lending is very popular these days. One can make money by lending funds in the marketplace. And plenty of companies are raising money through crowdfunding for social causes.
India is not too far in catching up with this bandwagon. Hundreds of startups and even the big companies are working towards changing the landscape of finance and giving the economy a huge impetus, at the very centre of the financial ecosystem. ‘IndiaStack’, a set of APIs provides an opportunity for both government and businesses to build tech products enabling smooth payments services.
The Unified Payments Interface (UPI), a payment system that is part of IndiaStack is used for instant fund transfer over mobiles. Even WhatsApp and TrueCaller are all set to become platforms for lending and borrowing instant money.  All this points to a rich ecosystem of financial technology investment in India. Go ahead! Happy investing!

Starting a Blockchain Career Without The Prior Knowledge of Programming!!

Posted on by Imarticus Learning

In simple words, blockchain is the system in which the transactions that are made in bitcoin or other cryptocurrencies. These transactions are recorded and are saved across several computers simultaneously making it difficult for the hackers to mess with any of the records as there is no centralized information.
Recently the requirements for blockchain developers and blockchain experts have increased globally. So does blockchain holds an excellent career opportunity for someone who does not have any background in the programming area? Yes, it does. Like one doesn’t need to learn about the entire working of the computer to work on it, the same way one does not need to know the programming of blockchain to work on it. But a basic knowledge on the subject can help one to grow further.
Imarticus Learning is one of the leading institutes in the country that provides the student with an in-depth knowledge of the blockchain technology including its architecture, applications. They also offer the students with the real world projects helping them in having hands-on experience in the technology.
Blockchain relies on the concept that the data and the record of the transaction shall be available across the server without the availability of specific functions that can help make the changes in the record. The record called ‘blocks’ holds the information like the number of transactions, sender and receiver, timestamp etc. Blockchain has been recognized globally as the safest way to transfer money and bitcoin is a widely used application used for the same.
Even if you have no programming background, the training will provide you with everything you will need for the blockchain. With the fintech training and certification, one can increase their career scope and graph in the area of technology that is growing every day and is here to stay for a long time.
The world is moving towards the digital transaction of money, and there is less involvement of actual money for transactions these days. The demand for the safer means for the same is growing by the day. Blockchain provides the means where the data recorded is difficult to alter.
There is a considerable demand for blockchain developer, analyst, consultant, and engineers, broadening the scope for the individuals trained in the blockchain. Reducing human errors when it comes to dealing with finances is the prime concern and blockchain helps one to open various doors.
The e-wallets are the prime example of the blockchain. If you are a programmer, a developer or a businessman who intends to get into the blockchain by starting a company or by being a part of a company that works on the blockchain, the basic knowledge is necessary. The technology uses certain ‘words’ that one working on it must be aware of for the efficient results. Like every other language, the blockchain terminology is the eccentric part of the technology.
The career in blockchain gives one not only the clearer picture of what the technology is but also why it is the need for the digital world. Even though blockchain is a sophisticated technology that makes it difficult for the hackers or intruders to copy the information or even make any changes to it, its continuous need to make it even more impassable is imperative. The banks, who rely a lot on digital transactions, cannot afford to have any information being accessed or made changes to without the permission from the owner.