Naveen Kukreja
CEO and co-founder, Paisabazaar.com
Fintechs are simplifying financial jargon to bring in transparency, instant anytime anywhere access to products, customized and relevant financial solutions, end-to-end paperless and presence-less processes and digital assistance at each step.
In addition you also get the ease to compare all products available in the market. Since financial products like loans and insurance usually have long-term implications, comparing all available options helps make better decisions. Today, fintechs are...focusing largely on offering customers convenience through technology. One key aspect to this is providing assistance, at each step, through humans or—what is commonly called—‘robo-advisories’. The term robo-advisory often gets misused.