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ARTICLE · 19 NOVEMBER 2021

Fintales Issue 12: November 2021

Ikigai Law
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SpaceX recently became the first private company to send an exclusively civilian crew to space on a privately funded mission.

GlobalTechnology
Ikigai Law
Ikigai Law
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‘You get paid in direct proportion to the difficulty of problems you solve.' 
Elon Musk  

SpaceX recently became the first private company to send an exclusively civilian crew to space on a privately funded mission. This is a part of Elon Musk's grand vision to build a self-sustaining human colony on Mars. But even if colonisation of Mars seems far-fetched, SpaceX has already disrupted the aerospace industry. It has cut down the cost of delivering payload to space by a staggering 90% through technological improvements like building reusable rockets.  

This has left us wondering if technology will disrupt the financial services industry in the same way. Or if fintech players will limit themselves to making incremental improvements – like creating a slicker UI/UX. For instance, UPI marked a paradigm shift in how digital payments are made. And since then, fintech players have made incremental improvements to apps built on UPI rails. Like WhatsApp Pay offering grea

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