Fintech companies include all companies and especially start-ups that deal with the digitalisation of the financial industry. Fintech is the combination of the words financial services and technology.
The aim is to use technological solutions to replace the approaches and processes the current approaches and processes of the financial industry.
and processes of the financial industry, and to improve and simplify them.
As you can see, there is happening a lot in many different sectors in Hamburg’s fintech scene. More than 70 companies, many of them start-ups, are active in the Hanseatic city. This makes Hamburg one of the top four locations for financial technology in Germany.
See also: Fintech definition at Finletter.de