For decades financial services in numerous flavors were the exclusive province of the banking sector.
Concerns about Airbnb have created a better valuation in outstanding accommodation provider
Airbnb's challenge to hotel chains and Uber's clash with taxi firms are perhaps the best examples of industries where technological advances have undermined barriers to entry and slashed start-up costs so much that the old order is threatened.
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FinTech companies offer alternatives to the banks and as such stand ready to massively disrupt the way financial services are delivered
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