Understanding How Financial Technology Drives Financial Success

Jermaine Trotman10 Jun, 2023Web Development

If you are wondering how fintech makes money. The answer is quite simple, transaction fee. And there are many ways of doing it. Another way is a subscription fee for example- some fintech apps premium or advanced features for a monthly or annual subscription fee. These features can include enhanced security measures, access to exclusive services, or higher transaction limits. Now you know how does fintech make money -Referral and Affiliate Programs are also important factors that help fintech apps to receive a commission or fee for referring users to other services. For example, if a user signs up for a financial product or service through the app's referral link, the app may earn a commission