What are some emerging niches in fintech?
An example of an AI chatbot conversation about fintech niches.
What are some emerging niches in fintech?
Some emerging niches in fintech include decentralized finance (DeFi), insurtech, and robo-advisors.
Can you explain what DeFi is?
Decentralized finance (DeFi) refers to financial services using smart contracts on blockchains, eliminating intermediaries.
What about insurtech? How is it changing the insurance industry?
Insurtech leverages technology to streamline insurance processes, improve customer experience, and reduce costs.
Are there any specific companies leading in these niches?
Yes, companies like Aave and Compound are leading in DeFi, while Lemonade and Root are notable in insurtech.
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