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The technology that makes money from money.

Fintechs
Fintech
Categoría
Investment funds
Tipo de contenido
Actualidad
Tiempo de lectura
minutos
Publicado
21 Dec 2023
A business model that designs and applies new technologies to financial and investment activities, taking advantage of the increased use of digital finance but, above all, relying on new consumer preferences.

Why invest in this trend?

  • Goodbye, cash!
    The increase in electronic payments is such a strong global trend that it is predicted that by 2026 only 10% of transactions will be made in cash, forcing companies to accept and integrate new forms of electronic payment.
  • Not only does it change the way we pay, FinTech is present in all financial activities
    Digital banks, loans, credits, investment platforms, online brokers, insurance, blockchain, cryptocurrencies, etc.
  • A potential audience of more than 8 billion people, the world population.
    World Bank estimates indicate that 76% of the population owns a checking account.
de los millenials utilizan la banca online. 97% de los consumidores (entre 18 y 20 años) compró un producto de servicios financieros en los últimos 12 meses. 82% de los consumidores prefieren realizar sus operaciones bancarias online. 78% de los consumidores prefieren que su banco sea completamente online. 27%
Source: Blackrock

Financial inclusion: The most human side of FinTech.

  • 24% of the world's population is still unbanked.
    Provided by the World Bank, these data clearly demonstrate that much still remains to be done, and it is here that FinTech offers solutions for facilitating access to financial services.
  • A technology that breaks barriers.
    A real and convenient alternative for those without access to traditional banking services, mainly due to the cost-free use of digital tools, the ease and speed in using applications, the minimum requirements for access and operating documents, etc.
Financial inclusion: The human side of FinTech
But there is another key factor in the FinTech revolution: Technological obsolescence
But there is another key factor in the FinTech revolution: Technological obsolescence.
The risk posed by the use of legacy systems—outdated but still operational computer systems that are difficult to replace—is leading to the outsourcing of financial technology to specialised companies that offer three key solutions for their customers:
  • Saving:
    Reducing the high cost of replacing and/or updating systems and software.
  • Security:
    Reducing operational risk and, especially relevant, possible negative consumer experiences.
  • Compliance with legislation.
    FinTech companies facilitate compliance with ever-increasing and evolving legislation.

The financial sector is a major focus of disruption

Gross profits by sector ($trillion USD)

Source: BCG, Gartner, McKinsey, World Health Organization, Capital IQ, and Coatue analysis as of Oct-22.

FinTech applies its technology to one of the most profitable economic sectors.

Investment universe

The investment universe focuses on companies with influential capacity both in the technological transformation of the financial system and in the behavior of consumers regarding the use of their finances:

  • Companies that have a significant impact in the different areas of the financial system: payments, digital banking, digital wealth and investment management, insurtech, as well as technology providers to financial services companies.
  • Companies with a thematic focus that embrace changes in consumer behaviour, favour innovative digital solutions over traditional methods and drive the long-term growth of fintech companies.

What do the experts think?

  • Since 2005, Mastercard and Visa have consistently maintained stable profits and growth, increasing in all years with the exception of 2020, the year of the pandemic. An example that investing in the financial sector allows you to benefit from less cyclical dynamics.
  • Within the MSCI World, the stock market index that brings together more than 1,600 companies from the 24 most developed economies in the world, the financial sector represents 21% of the index.
  • 2022: the financial sector's profit was $6.5tn.

Our investment proposal

The value of investment funds can fall as well as rise, and you may get back less than you invested.


ISIN
Fund
Risk profile
Issuance
Investment policy
Minimum contribution
Fact sheet/Subscribe
LU1861217674
FINTECH FUND
High
EUR
View investment policy
1000 €
See factsheet Purchase
ES0113573002
BANKINTER PLATEA MEGATENDENCIAS
Medium/High
EUR
View Investment policy
10 €
See factsheet Purchase

Useful information

  • SEE SUMMARY IN SPANISH OF THE RIGHTS OF INVESTORS OF THE FINTECH FUND

  • SEE SUMMARY IN SPANISH OF THE RIGHTS OF INVESTORS IN THE BANKINTER PLATEA MEGATENDENCIAS FUND

  • Legal text, Note: 1 Investment funds: The key investor information document, prospectus and all other legal documents related to Bankinter's collective investment institutions are available in Spanish at any of our branches, on the Bankinter website (www.bankinter.com) and on the website of the Spanish National Securities Market Commission (CNMV) (www.cnmv.es).

  • The Key Investor Information Document and the prospectus are available on the website of the investment manager: Bankinter.com; | BlackRock Asset Management and Financial Services.

    More information on this product can be found on the website of the investment manager: Bankinter.com; https://www.blackrock.com/es

  • This is an advertising communication. Please refer to the UCITS prospectus and key investor information document before making a final investment decision. The fund managers may decide to stop marketing the funds in the situations provided for in applicable legislation, in accordance with Article 93a of Directive 2009/65/EC and Article 32a of Directive 2011/61/EU.

  • The FINTECH FUND is a sub-fund of BlackRock Global Funds, authorised in Luxembourg, regulated by CSSF and registered with the CNMV under number 140.

  • The BANKINTER PLATEA MEGATENDENCIAS fund is a fund from Bankinter Gestión de Activos, S.A., SGIIC authorised in Spain and regulated by the CNMV, with which it is registered as number 5408.

  • The CIS promotes environmental, social and governance (ESG) criteria under Article 8 of Regulation (EU) 2019/2088 on the disclosure of information related to sustainability in the financial services sector, also known by the English acronym SFDR, and is subject to sustainability risk, as defined in the risk profile. Decisions to invest in this fund must consider all of the characteristics and objectives of the fund.

  • See information in Spanish on aspects related to sustainability: https://www.blackrock.com/co/blackrock-client-letter; Sustainability Plan | Bankinter Corporate Website.