The recently issued Spanish National Securities Market
Commission's guide on FinTech looks at the different types of
FinTech companies and the considerations to bear in mind when using
such services.
What has happened?
The Spanish National Securities Market Commission (CNMV) has
published a quick guide on FinTech, noting this
concept refers to "all those activities that involve the use
of innovation and technological developments for the design, offer
and provision of financial products and services".
What does this mean?
Among the entities that develop activities in this sector, the
CNMV highlights the traditional financial entities that are already
established and new companies which provide added value to
some of the links in the value chain in the financial sector.