Internet finance gaining wider currency
Sunday, 10 April 2022
Internet finance is a new type of financial business model. It allows traditional financial institutions and internet companies to conduct financing, payment, investment, and other services. The main business models of internet finance include internet payment, online lending, internet fund sales, internet insurance, internet trust, and internet consumer finance.
Internet is no longer a luxury. In fact, we have the internet in our hands. In Bangladesh, the tremendous growth of mobile internet has already established the groundwork for internet finance here. And it has been rising at a breakneck pace, constantly increasing funding channels for businesses and giving answers to their financing challenges. Bkash, Nagad, Upay, and other fin-tech businesses are now helping us use internet finance efficiently. Life has become easier and quicker. And it will become more seamless if we prioritise internet finance more.
Rabiul Hasan,
Student of North South University, Dhaka,
rabiul.hasan18@northsouth.edu