Banking as Innovation

There’s a hot new financial startup that has attracted US$ 25 million in seed funding from a veritable who’s who of the venture capital world and has already signed on nearly a hundred thousand customers. Except, no one, apart from the founders and the funders, have any idea whatsoever about what Clinkle will actually do. The only information forthcoming from the company is that it intends to disrupt the already hyperactive mobile payments market place.

Clinkle is only the latest in a long list of technology companies seeking to challenge contemporary banking norms; Google, Apple, Facebook alongside a host of other established names as well as startups are invested in reinventing banking for digital consumers.
Read more at Finacle

Banking as Innovation

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