The European Business Review

FINTECH: a Force for Disrupting and Democratising Financial Services

Fintech is like a snowball on a hill that is getting bigger and bigger and changing finance tremendously. London-based entrepreneur Viktor Prokopenya is well acquainted with this scene; particularly with fintech’s ability to disrupt and democratise financial services. He believes that in the next five to 10 years, fintech and AI will profoundly alter the world in the same way as the advent of electricity.

From a niche concept to global buzzword, fintech has exploded over the past decade. In the span of just seven years, global investment has increased by a whopping 1,000%, topping $122 billion last year. And while some Luddites sought in the beginning to pour cold water on

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