Instant Funding Pay is a Fintech Solution that delivers financial services through software, such as online banking, mobile payment apps or even cryptocurrency.
"Fintech" stands for financial technology, and is a label applied to companies offering banking services through specialized software. The goal of fintech companies is to improve the delivery and quality of banking services —making money management simpler and quicker for the consumer.
Fintech start-ups are disrupting the traditional banking sector. By offering banking services online instead of in branches, they give customers the power to handle their finances directly from their smartphones.
Extended licenses allow a fintech company to partner with a parent bank so that they can operate under their license.