Wealthfront and Betterment were named the Best Online Advisors in the ranking, for their low account minimums, user-friendly interfaces and innovative features, NerdWallet says.
These fintech firms, as they are called, do not resemble traditional banks and brokerages and do not fit neatly into existing regulations.
FinTechs too are interested in entering into relationships with traditional players, eyeing their large capital, and client books, as key to rapid scalability.
Flutterwave is a San Francisco-based team of African entrepreneurs, fintech and mobile payment experts that provides end-to-end payments technology and infrastructure which enables payment service providers.
There is a well-known credo that applies not only to this industry, but to almost any dynamic, high growth industry: innovate or die.