A New Business Model, #Fintech Re-thought - Part 1

A New Business Model, #Fintech Re-thought - Part 1

Days ago Ron Shelvin from Forbes online wrote: “Fintech startups die because they have no money”.

GBT Technologies has proven, that even if you “start tight” like most startups do money does come to fund your operation if you know where to invest that effort. Could Ron Shelvin be wrong?

Two years ago, GBT Technologies opened its door as BPO mainly business. Plans for developing software where already up and running and clients requested more and more financial counsel and assistance. So, aside from successfully managing their clients assets and operations, support was on it’s way with self-developed software solutions and trust from customers climbed. This company started with 3 people: former CEO and founder Pablo Gonzalez, current CEO Salomón Ocón and James Hudson, their blockchain expert.

Think big start small means that if you have no money, then you shouldn’t spend more than what you have in your hands, it is what it is. Startups assist meetups and conventions alike carrying this big parade behind them and promising the world to potential stakeholders. They now invade Blockchain events showing off their incredible solutions to a world that is already full of answers. Then money runs out, startup’s dead.

At the beginning of this year GBT Technologies Inc. establishes itself as a top of the line BPO Services and Fintech Technology provider. Software proposals are either in the market or as beta products already running. A clear example is the Genesis Exchange App.

Genesis is a decentralized Exchange platform working on top of the Ethereum blockchain that allows anyone to trade tokens on the network (note that blockchain technology and apparently cryptocurrency have been integrated to GBT’s business model). This software not only allows you to take part in the global market in a trustless and fee-less fashion, but also has a solid mobile presence in Android/IOS platforms.

The US financial market opened Fintech’s door to GBT Technologies years ago when the first step towards the automation of banking processes and operations became necessary and seen as positive.

Now, the Latin American Market is experiencing its first steps towards Fintech business services and Blockchain technology development. Needless to say, the potential is huge, an entire continent is waiting for a Fintech culture to run their day-to-day business processes, operations and activities. GBT Technologies is very aware of that and has taken the opportunity to grab a market in it “baby stages”.

The Latin American Market starts at Mexico and ends in Argentina. GBT Technologies’ base of operations  is strategically positioned in Costa Rica, a highly qualified territory know for it’s multi-lingual population and high education standards. Our services can already be offered through multiple access points in Latin America.

Certainly investing wise is the key to success, once results start to show up and a market is defined, investors should feel secure and enthusiastic about investing in young companies such as GBT.

Check next week for the second part of this article on GBT Technologies Inc., Fintech startups and the Financial technology industry.

Genesis Exchange and Wallet App by Genesis Blockchain Technologies (GBT)
GBT is a powerful cryptocurrency centralized / decentralized exchange which will include a broad range of services and benefits from cryptocurrency and blockchain markets development, while avoiding complications and risks arising from crytocurrency ownership, transfer, and exchange.You can Download the Genesis Exchange and Wallet App at Google Play and on the Apple App Store. Learn more at http://www.mygenesis.io
For more information on the Genesis Exchange App please refer to:
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