Angel Bernal Robles Montgomery Explains How Technology is Fueling New Business Models in Finance

Angel Bernal Robles Montgomery Explains How Technology is Fueling New Business Models in Finance

Business Finance General Technology

Angel Bernal Robles of Montgomery is a Risk Management Specialist in the finance industry. In the following article, he discusses how financial technology (fintech) startups are reshaping the industry and explains some of the most prominent business models they are introducing.

The finance industry has been undergoing a significant transformation in recent years, driven by the emergence of fintech startups that are revolutionizing traditional financial services. These businesses provide innovative technologies and corporate models that aim to improve financial services. This wave of innovation has led to new business models, greater accessibility, and increased competition, challenging established financial institutions to adapt.

Angel Bernal Robles on the Emergence of Fintech Startups

Fintech startups have gained momentum as technology has become more integrated into our daily lives. These startups leverage digital technologies, such as artificial intelligence (AI), blockchain, and data analytics, to create innovative solutions for financial services. The rise of smartphones and the widespread adoption of the internet have created new opportunities for these companies to reach consumers and businesses.

Fintech startups cover a wide range of financial services, including payments, lending, investment, wealth management, insurance, and more. This diversity has allowed these businesses to disrupt multiple segments of the finance industry, offering consumers and businesses new ways to manage their finances.

Innovative Business Models

Fintech startups have introduced several innovative business models that are transforming the finance industry. Angel Bernal Robles of Montgomery explores some of the most notable models and their impact on traditional financial services.

Peer-to-Peer Lending and Crowdfunding

One of the most significant innovations in fintech is the rise of peer-to-peer (P2P) lending and crowdfunding platforms. P2P lending platforms connect borrowers with individual lenders, allowing people to secure loans without going through traditional banks. This model has made borrowing more accessible for individuals and small businesses, while also providing investors with new opportunities to earn returns.

Angel Bernal Robles explains that crowdfunding platforms operate on a similar principle, allowing entrepreneurs to raise capital from a large pool of individual investors. This model has become popular for funding startups, creative projects, and social causes, democratizing access to capital.

Angel Bernal Robles Montgomery Explains How Technology is Fueling New Business Models in Finance
Mobile Payments and Digital Wallets

Mobile payments and digital wallets have changed the way people make transactions. Fintech startups have developed mobile payment platforms that enable users to make payments using their smartphones, often through contactless technology or QR codes. Digital wallets, like Apple Pay and Google Pay, store payment information securely on a mobile device, allowing users to make purchases without physical credit cards.

These innovations have made financial transactions more convenient and have driven the shift towards cashless societies. They have also opened up new opportunities for fintech startups to offer additional services, such as rewards programs and personalized financial management.

Robo-Advisors and Automated Wealth Management

Robo-advisors are automated platforms that use algorithms and data analytics to provide investment advice and portfolio management. This business model has made wealth management more accessible to a broader audience, offering lower fees and minimum investment requirements compared to traditional financial advisors.

Angel Bernal Robles of Montgomery explains that robo-advisors analyze an investor’s risk tolerance and financial goals to create personalized investment portfolios. This automation has streamlined the wealth management process, allowing individuals to invest without the need for extensive financial knowledge.

Insurtech and Technology-Driven Insurance

Insurtech, a subset of fintech, is transforming the insurance industry by introducing technology-driven insurance models. Fintech startups in this space use data analytics, AI, and other technologies to streamline the insurance process, from underwriting to claims processing.

These startups offer digital-first insurance policies, allowing customers to purchase and manage insurance online. They also use data analytics to personalize insurance premiums based on individual risk profiles, making insurance more flexible and tailored to each customer’s needs.

Blockchain and Cryptocurrencies

Blockchain technology and cryptocurrencies have introduced new business models in finance. Blockchain is a decentralized ledger system that provides secure and transparent transactions, while cryptocurrencies like Bitcoin and Ethereum have gained popularity as digital assets and alternative forms of currency.

Fintech startups have leveraged blockchain technology to create innovative financial services, such as decentralized finance (DeFi), which allows users to engage in financial transactions without intermediaries. Angel Bernal Robles says that these businesses are exploring new applications for blockchain in finance, from cross-border payments to smart contracts.

Angel Bernal Robles Montgomery Explains How Technology is Fueling New Business Models in Finance
The Impact of Fintech Startups on the Industry

The emergence of fintech startups has had a profound impact on the finance industry, driving increased competition and forcing traditional financial institutions to adapt. Below are just a few ways fintech startups are reshaping the industry:

  • Increased Accessibility: Fintech startups have made financial services more accessible to a broader audience, allowing individuals and businesses to access loans, investment, and insurance with fewer barriers.
  • Lower Costs: The technology-driven business models introduced by fintech startups have reduced costs, leading to lower fees for consumers and businesses.
  • Innovation and Agility: These companies are more agile and innovative than traditional financial institutions, enabling them to quickly respond to changing market trends and consumer demands.
  • Enhanced Customer Experience: Fintech startups focus on providing a seamless and convenient customer experience, often using mobile apps and digital platforms to interact with customers.


Fintech startups have revolutionized the finance industry by introducing innovative business models and technologies that challenge traditional financial services. Angel Bernal Robles explains that from peer-to-peer lending and mobile payments to robo-advisors and blockchain, they are reshaping the way people access and manage financial services. As the financial landscape continues to evolve, it’s clear that technology will play an increasingly important role in driving the future of finance. Traditional financial institutions must adapt and embrace these changes to remain competitive in this dynamic industry.

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