Finance Unbox-ED (INR) - Grade 3-5 - Session 025 - Quiz 1

Fintechs are companies that offer various types of financial services with the use of technology at their core

• True
• False

Significant innovation by fintechs has happened within payments

• True
• False

Fintechs have made our lives much easier as we can now do transactions or get information from anywhere in the world using the internet instead of having to go to a physical place

• True
• False

Fintechs help in providing financial services to people who do not have access to traditional forms of financial services

• True
• False

Select all the statements that are true

• Paypal is one of the largest fintechs
• Paypal operates an online wealth managment system
• Paypal started in China
• Paypal has a presence in most of the countries in the world