The past few years have seen an explosion in startups aimed at helping you save, invest and spend in a cheaper and wiser way.
It's mostly a good thing. For too long, the financial industry hasn't had much competition from the technology industry—and it's made it all too easy to take advantage of consumers as a result. But that's not the case anymore.
The financial technology (or: “fin-tech”) industry is slowly stripping away the ways banks make money, leading to a growing group of startups offering services to help you manage your money
But with an explosion in choices, there comes some confusion along with it. For example, one of the most popular kinds of these apps are focused on personal savings—Digit, Acorns and Stash all promise to help you sock away money, and in some cases, even invest it, in an attempt to grow it. Read more...
More about Fintech, Savings Apps, Business, and Businessvia Zero Tech Blog
