Beyond Robinhood: A broader look at Fintech in 2021
by Paul Davenport Paul Davenport on

Opinions on fintech have become a political hot button after activist investors recently used apps like Robinhood to drive GameStop stocks up 4000 percent.

But regardless of where you stand on the virtues of the stock market, fintech solutions are everywhere, helping people manage their budgets (Truebill, Mint), estimate the value of property (Zillow, Rentberry) or just pay their friends back for dinner (Venmo, Stripe).

Putting politics aside, here’s a rundown of the categories of fintech gaining the most momentum in investment and adoption in 2021, and a look at the technological infrastructure needed to support continued growth.


We’ve all Zillow’d our childhood home to see what it’s worth now, or used a geography filter on Trulia to find the largest mansion imaginable for the lowest price (usually in an otherwise unattractive zip code). But proptech solutions like these are more than just virtual dream machines.

These tools aggregate boatloads of data to determine property values in a near instant thanks to cloud computing and artificial intelligence (AI), putting to rest previous automated valuation models that might historically take months to deliver results. This rapid aggregation hinges on the ability of network operations teams to “clear the path” between stakeholders across their digital footprint, including historical data on the more than 100 million residential plots in the United States today.

Payment tech breaks the wallet

The reason it costs you almost nothing to quickly Venmo (another brand-turned-verb) your friends is because transaction costs go down alongside computing costs, and the cloud has made computing really, really inexpensive (at least in a historical context).

Whether you use Apple Pay instead of physically exchanging cash or card, or leverage PayPal as the gatekeeper to your finances when shopping online, interoperability with other cloud systems has made it simpler and safer for businesses to accept microtransactions without footing a hefty surcharge. And when individuals want to exchange cash between friends and family via payment platforms, surcharges for instant transfers are so low few users bat an eye at them.

When computing power slows down, however, because of flaws in the application delivery infrastructure (and really along any link in the larger app infrastructure due to performance roadblocks), poor user experience (UX) will certainly get users’ attention.

Banks go all in on fintech

There’s no lack of data showing that banks can increase their operating profits (in some cases by 30 percent) by embracing more digital workflows. Hybrid cloud in particular has proven to be a boon and is supporting the creation of new revenue streams for banks and expansion of consumer services portfolios.

Hybrid cloud makes the banking business more open without compromising the workflows and data that are subject to regulation or privy to security threats. That means that the barriers between potential partners—both inside and outside of the financial sector—are taken down, allowing for greater seamless collaboration between independent organizations or other industry sectors.

Connecting all of these stakeholders requires financial IT directors to ensure there is regular visibility between all of the autonomous systems and networks supporting any new hybrid cloud workflows. This requires a network monitoring solution that was built for the cloud, granting IT a look into all of the network environments their traffic flows between.


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Filed Under: Industry Insights

Tags: banking applications , banking app , banking cloud , banking , cloud transformation , cloud computing , finance cloud , finance SaaS , SaaS , asset apps , budget apps , finance apps , proptech , property technology , property tech , financial technology , fintech