Europe is witnessing a fintech revolution, some credit for the development of this industry could be given to Brexit and the implementation of GDPR. Earlier, fintech companies were considered potential rivals only to the traditional financial services but the situation has changed now with the introduction of several categories within this sector.
These days, everything from the peer-to-peer transfer, open banking, blockchain, etc. are considered fintech startups. Some companies are advanced and offer secure transactions for their customers. These payment companies ensure to simplify the invoice process. Some offer additional features such as payment tracking as well.