{"id":4485,"date":"2022-12-06T10:19:27","date_gmt":"2022-12-06T09:19:27","guid":{"rendered":"https:\/\/globalinvestsummit.com\/?p=4485"},"modified":"2022-12-06T10:19:27","modified_gmt":"2022-12-06T09:19:27","slug":"cesky-fintech-patri-do-svetoveho-pelotonu","status":"publish","type":"post","link":"https:\/\/globalinvestsummit.com\/en\/cesky-fintech-patri-do-svetoveho-pelotonu\/","title":{"rendered":"The Czech fintech sector belongs to the global elite."},"content":{"rendered":"
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The future of the Czech and global economy lies in the convergence of financial services and technology, which will facilitate its digitalisation and transformation. This is directly linked to the growing popularity of wealthtech and cryptocurrencies, as tools to protect our finances against rising inflation.<\/em><\/h4>\n
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MIROSLAV LUKE\u0160<\/h2>\n

Chairman of the Board<\/p>\n

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Czech Fintech Association<\/p>\n<\/div>\n<\/div>\n\n\t\t<\/div>\n\t<\/div>\n<\/div><\/div><\/div>

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Ond\u0159ej Mikul\u010d\u00edk<\/h2>\n

FinTech Project Manager<\/p>\n

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CTIT Association<\/p>\n<\/div>\n<\/div>\n\n\t\t<\/div>\n\t<\/div>\n<\/div><\/div><\/div><\/div>\n\t

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Around a third of European unicorns are FinTechs. The combination of financial services and technology is one of the few areas where Europe excels. And the Czech Republic is no exception. We are experts in the adoption of FinTech innovations, whether it's banking identity, mobile or digital payments. Until recently, Home Credit, with 110,000 employees, was one of the largest FinTechs in the world and trained an entire generation of top international managers.<\/p>\n

Blockchain or crowdfunding? See the glossary of terms HERE<\/a><\/p>\n

Czech fintech<\/h4>\n

Fintech will therefore play a significant role in the digitalisation and transformation of the Czech economy. According to Fintech Cowboys, there are currently around 100 fintech companies in the Czech Republic. A large number of them have global potential, particularly those providing infrastructure for large banks and insurance companies.<\/p>\n

At the Czech Fintech Association, we provide essential mentoring, networking, and lobbying, supplemented by the structured support of Fintech Hub. While we have a stable banking system, there are significant reserves in dialogue, innovation, and the availability of best practices. In general, we should promote fintech as a sector of the future and attract talent.<\/p>\n

WealthTech<\/h4>\n

Before rising inflation, you can protect your finances by, for example, investing. And thanks to\u00a0<\/span>Wealthtech<\/a>, Therefore, technologies used for wealth management are no longer a luxury for the rich. The recent trend is so-called \u201erobo-advisors,\u201c which can create tailored portfolios for clients. Moreover, this entire process is very fast and inexpensive thanks to automation.<\/p>\n

Are you interested in podcasts about cryptocurrency, investing, or FinTech? Click HERE<\/a><\/p>\n

In addition to the KYC (know your customer) digitisation process and investment process automation, some companies are also beginning to integrate advanced technologies such as artificial intelligence and machine learning into their portfolio creation.<\/p>\n

Cryptocurrencies<\/h4>\n

Less traditional cryptocurrencies are also starting to gain traction as a way to protect savings. Many people now know that there is a finite amount of bitcoin and that this asset, like gold for example, could therefore be a good hedge against inflation.<\/p>\n

You can find the Czech Fintech Association's projects HERE<\/a><\/p>\n

Less well-known, however, are the trends currently shaping the cryptocurrency space. One example is the concept known as DeFi (decentralised finance), which allows for the operation of lending platforms, exchange offices and many other financial applications without the need for a central authority.<\/p>\n

In periods of increased volatility, effective investment tools will represent one of the key factors for protecting asset value.<\/p>\n\n\t\t<\/div>\n\t<\/div>\n<\/div><\/div><\/div><\/div>

<\/div>\n<\/section>","protected":false},"excerpt":{"rendered":"Budoucnost\u00ed \u010desk\u00e9 i sv\u011btov\u00e9 ekonomiky je spojen\u00ed finan\u010dn\u00edch slu\u017eeb a technologi\u00ed, kter\u00e9 usnadn\u00ed proces jej\u00ed digitalizace a transformace. S t\u00edm p\u0159\u00edmo souvis\u00ed i rostouc\u00ed obliba wealthtech a kryptom\u011bn, jako\u017eto n\u00e1stroj\u016f chr\u00e1n\u00edc\u00edch na\u0161e finance p\u0159ed rostouc\u00ed inflac\u00ed. MIROSLAV LUKE\u0160 p\u0159edseda p\u0159edstavenstva \u010cesk\u00e1 fintech asociace OND\u0158EJ MIKUL\u010c\u00cdK FinTech Project Manager Asociace CTIT Asi t\u0159etina evropsk\u00fdch unicorn\u016f jsou [...]","protected":false},"author":1,"featured_media":4488,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[],"class_list":["post-4485","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-globalinvestsummit"],"_links":{"self":[{"href":"https:\/\/globalinvestsummit.com\/en\/wp-json\/wp\/v2\/posts\/4485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalinvestsummit.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalinvestsummit.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalinvestsummit.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globalinvestsummit.com\/en\/wp-json\/wp\/v2\/comments?post=4485"}],"version-history":[{"count":0,"href":"https:\/\/globalinvestsummit.com\/en\/wp-json\/wp\/v2\/posts\/4485\/revisions"}],"wp:attachment":[{"href":"https:\/\/globalinvestsummit.com\/en\/wp-json\/wp\/v2\/media?parent=4485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalinvestsummit.com\/en\/wp-json\/wp\/v2\/categories?post=4485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalinvestsummit.com\/en\/wp-json\/wp\/v2\/tags?post=4485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}