Startup Beat

The 2008 financial crisis was one of the toughest economic periods in recent history. However, the period also acted as a catalyst, birthing a new generation of tech-driven financial companies with a desire to shake up traditional financial services and put more control in the hands of everyday consumers. 

As these disruptive newcomers brought new solutions to the market, this ramped competition across the whole industry, pressuring legacy banks to rapidly adapt to new market expectations. 

Further, consumers demonstrated a keen desire to proactively manage their finances and move into previously inaccessible spaces like stock trading. 

Today, banking apps and fintech services have made it easier than ever to take care of banking tasks, improve credit scores, and invest on the go. The industry has also created a highly collaborative digital infrastructure thanks to open banking protocols.

Open banking allows users to view account activity from other banks or

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