Archive

Distributed Ledger Technology (DLT)

A decentralized database technology built on infrastructure and protocols that allow records to be authenticated by multiple parties, and accessed at different locations.

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Customer Acquisition Cost (CAC)

The cost that a company must incur in order to acquire new customers (such as sales, marketing and salaries).

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Co-investing

A type of investment model by private equity and venture capital firms, where limited partners, third party investors or their affiliates invest alongside the main fund.

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Crowdfunding

A fundraising model where funding is opened up to the general public, who can contribute as much as they want (sometimes with a minimum limit), rather than a group of institutional investors or firms.

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Core Banking System

The system that powers the daily functioning of banking processes, such as transactions, account updates, and credit processing.

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Challenger Bank

New, independent and digital banks that compete with traditional incumbents.

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Central Bank Digital Currency (CBDC)

Central Bank Digital Currency, a digitized version of national fiat currencies.

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Contactless Payments

A type of digital payments enabled by near field communication, using debit and credit cards, and mobile wallets that support this technology.

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Cryptocurrency

A digital non-fiat currency built on a blockchain. Popular examples include Bitcoin and Ethereum.

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Buy Now Pay Later

A fintech service where users can make e-commerce purchases an split payments in periodic installments with or without interest.

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