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Analysis Study Research Paper | Finance | India | Volume 11 Issue 8, August 2022 | Popularity: 5.1 / 10

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FinTech Companies and Central Banks' Responses to the Revolution in the Stock Market

Sagar

Abstract: Equity markets of any country have a very fundamental role in the development of business (fundraising) and experiencing capital gain. Financial unawareness and unavailability have made the markets underperforming due to a lack of financial infrastructure and efficiency. The arrival of fintech companies has filled these voids and resulted in the efficient working of these financial institutions. In today?s modern era financial technologies provide us with a source of side income in both short and long-term investments. These sources can be accessed from the comfort of your home and just through some taps on your mobile or web applications. If technologies can simplify stock trading, there are so many more opportunities that can be facilitated by financial technologies as the majority of the Indian population is job seekers. These institutions provide a source of side income for them. This discussion emphasised how simplification of stock trading has been beneficial for the Indian stock market because the web and application features of the fintech companies have attracted the millennials (tech enthusiast generation) attracted towards the stock market. The fintech companies have evolved as a bridge to cover up the information gap and inefficiency.

Keywords: Finance, Fintech, Banks, Stock Market, Demat Accounts, Crypto

Edition: Volume 11 Issue 8, August 2022

Pages: 878 - 881

DOI: https://www.doi.org/10.21275/SR22814172016

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