Challenges of Fintech Industry

Regulatory Compliance

Fintech players have to regularly cope with restrictive regulatory framework.

Growth & Profitability

Maintaining profitability while going for growth at all cost is always a challenge.

User Retention

Cash-rich competitors out to poach users means fintechs have to be on toes.

Cyber Threats

Contrary to what many think, fintech enterprises are not immune to cyber risks.

Industry Related Complexities

Intricacies of processes, products, and services needed to compete are voluminous.

Lack of Domain Expertise

Shortage of professionals with knowledge of domain is root cause of poor applications.

Paving the way to the future of Fintech industry

Verinite complements Fintech’s capabilities with solid business / domain / industry knowledge, facilitating collaboration with banks, FI’s and other key stakeholders and deep tech integration, helping engineering-first meet current and future needs.