With the digital transformation and the increasing use of modern and mobile applications, products and services, digital finance solutions are gaining in popularity.
Furthermore, technologies like RegTech (regulation-related technology), InsurTech (insurance-related technology) or PayTech (payment-related technology) belong to the term “FinTech”.
The financial sector includes established financial institutions as well as start-ups and neo-banks (also challenger banks). Thus, the term FinTech is also used to describe young financial technology companies with digital business models - FinTech refers to both the technology and its provider.
Virtual Stock Option Plan (VESOP) gives every employee the benefit to be a shareholder of a company without an actual ownership rights structure between employer and employees.
Utility tokens provide access to a product/service and/or represent the right to use a product/service or function of a project.
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