Master in FinTech and Financial Innovation

Digitization has changed, and is substantially changing, consumer habits and is multiplying business channels exponentially. For many years now, a new term has been consolidated in the global financial sector, thanks to the appearance of the Fintech, a term that comes from English when merging the words Finance and Technology .

The Fintech are companies that are characterized by being companies with an important technological component, which seek to provide new solutions to the financial sector thanks to new technologies, mobile applications or big data; mainly startups based on new technologies that seek to capture part of the market dominated by large banks, which are often not very innovative or slow in adopting new innovative solutions, as well as in understanding and providing services with new financial solutions to their clients.

If we count both companies Fintech (finance technology) and Insurtech (insurance technology), currently and in Spain, would be dedicated to it around 350 companies and they employ more than 5,000 people, who are nourishing not only talent technological, but of financial talent that bets to move towards these initiatives.

We can currently divide the FinTech Ecosystem into:

• Fintech companies: as we mentioned, innovative startups that propose new solutions materialized in digital products and services easier, cheaper and faster to use
  • Lending & Crowd Equity
  • Payments & Transactional
  • PFM & Personal Advisory
  • Investment & Wealth Management
  • Blockchain & Bitcoins
• Digital Banks: New digital banks that aim to respond to the concerns and needs of consumers.
• Payment processors: Companies linked to the financial sector with powerful technological departments that provide services to traditional financial institutions.
• Bigtech Companies: Large technology companies, which are increasingly interested in expanding their business lines, taking advantage of their great brand image, their capabilities in terms of technological and financial resources (Facebook, Apple, Google, Amazon and PayPal).

The Master in Fintech & Business Management focuses on the acquisition of business, financial and technological tools, as well as the development of innovation skills, necessary for students to identify opportunities for disruption in the financial sector, and launch new ones fintech companies or take advantage of new technology to help improve financial services in existing companies.