Fintech landscape in 2021. Trends and prospects

In blockchain we trust

  • Firstly, as we’ve already mentioned, for the sake of security. A highly fraud-resistant system protects practically any kind of transaction.
  • Secondly, speed. Blockchain reduces processing errors that cause delays.
  • The third reason: blockchain could make Fintech’s infrastructure far cheaper, as it reduces intermediates that applied to validate the authenticity.
  • Last, but not least — versatility, this technology could be utilized for an unlimited range of financial services.

AI, ML, RPA are taking over

  • Operational improvements
  • Betterment of customer experience
  • High-level accuracy and personalization
  • Smarter fraud detection and risk management

Open and Digital-only banking

  • Transformation of customer experience
  • New finance business models
  • Increasement of finance market
  • Reduced costs for financial operations
  • Bank-as-a-Platform — a unification of financial services

Mobile banking goes mainstream

  • Enhanced customer service and UX
  • Biometric security
  • Ungraded payment system
  • Higher quantities of transactions
  • Speed and convenience


  • Risk management
  • Protecting data
  • Producing up-to-date reports
  • Accessing real-time data


  • Complex architecture with robust CI/CD flow
  • Microservices architecture
  • Fast debugging
  • Transparent monitoring of user’s activity and auto-testing
  • Easy and fast onboarding for new users
  • A single place for storing documentation
  • Intuitive invoice processing
  • Integration with financial data processors and payroll processing tools
  • The application uptime — grew to almost 99% due to infrastructure improvements
  • The transaction number per month — doubled
  • The number of paid subscribers has risen and continues to do so
  • The number of errors decreased by more than 300% due to the monitoring system
  • The detection of errors and fixing time was minimized thanks to logging and notification systems
  • Bookkeepers and customers wasted less time on routine activities due to the document center



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