27 little-known facts about startups

Venture companies and investors have always closely followed fintech industry. Now, reputable industry players have begun active steps to introduce technical innovations. Cloud technologies and open source software have reduced the minimum requirements for entering the market, causing a large number of new startups. This innovative technological revolution is characterized by the arrival of more and more investors to the FINTECH market. At the same time, the most attractive for them are developing and already flourishing segments of Fintech, such as lending, Blockchain, mobile payments and cloud financial services.

The global economy has always depended on startups and innovative business ideas. How are innovations at the moment? What are the main driving forces of the current race of entrepreneurs? Information collected here from 38 trusted sources allows you to learn interesting facts about the dynamics of modern entrepreneurial activity around the world. Translated and adapted by PayOnline , a company that automates the acceptance of online payments.

The United States still retains primacy in the number of startups (4.8 million). However, in developing countries such as India and Brazil, where the number of startups today has reached 2 million and 584 thousand, respectively, there has been a serious increase in their number. The most interesting thing is that Uganda was named the most entrepreneurial country in the world, where more than 28% of the population is involved in entrepreneurial activity.

What about government support for fintech initiatives? Some examples include Israel, which hopes to increase its competitiveness by allocating $ 450 million to fund seed investment funds, research and development, as well as Chile, where start-ups can use grants without the requirement of state participation in the amount of $ 40 thousand. In addition to programs designed for citizens of their country, governments are trying to attract foreigners who want to engage in business, launching attractive programs for issuing grants and visas for startups.
')






Based on Coupofy.com . Follow the news in our corporate blog, there are still a lot of articles about trends and startups. If you need to accept payments on the website or in a mobile application, please contact us , we will select a quality payment solution and advise on all questions of interest.