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White paper - Business Transformation for FinTechs

by Campbell McLeish on

The influx of cash into FinTech startups has increased competition and forced companies to double down on operational excellence. FinTechs face challenges across many fronts, and for a company that isn’t built on a solid and scalable back-end, the margin-sensitive and highly-regulated financial sector is dangerous territory. 

Download the NetSuite white paper by clicking on the link below to learn which growth challenges FinTechs struggle with the most and how a unified approach to back-office technology can help companies overcome and excel.

Download the full whitepaper here.

 

Executive Summary

The financial sector has seen an influx of innovation and competition in recent years led by FinTech startups. These new companies, built on modern technologies, have quickly captured market share from older, more established businesses. However, while the opportunity is huge, the influx of cash into FinTech startups has meant increased competition and forced new and old companies alike to double down on operational excellence. Fintechs face challenges across many fronts, including improving product profitability, recruiting and retaining talent, managing risk, and complying with myriads of regulations. For a company that isn’t built on a solid and scalable backend, the margin-sensitive and highly-regulated financial sector is dangerous territory.

As strategic partners to many FinTech companies, Oracle NetSuite has successfully streamlined operations achieved at more than 40,000. This digital transformation should start with a strong financial foundation that will enable your strategic initiatives and deliver:

  • Agility to adapt to new business models and grow revenue and margins.
  • Improved financial visibility across the FinTech value chain and partners to streamline operations.
  • Compliance with financial regulations.
  • Growth and the ability to scale seamlessly by leveraging the cloud infrastructure.

Download the NetSuite white paper by clicking on the link below to learn which growth challenges FinTechs struggle with the most and how a unified approach to back-office technology can help companies overcome and excel.

Download the full whitepaper here.