Incspires

incspires

LONDON, United Kingdom, November 18th, 2024/Chainwire/--Plutus, a pioneer in tokenized loyalty rewards, is implementing strategic upgrades to enhance platform integrity and ensure long-term sustainability. Guided by community feedback, with 67% of users expressing support, the company is rolling out initiatives aligned with its whitepaper, including offering rewards of up to 10% on debit card payments, positioning itself as a competitive alternative to traditional cashback and credit card programs. Consequences Of Scaling Ambitions Since its inception in 2015 as one of the earliest community-supported Ethereum-based platforms, Plutus has pursued rapid growth while maintaining a self-funded approach. This expansion has introduced operational challenges that have, at times, affected the customer experience and community trust. Plutus is now dedicated to addressing these issues and strengthening the platform. Steps to Improve Platform Integrity and User Experience Helping Customers: Reinstated accounts flagged for misuse with guidance.
Enhancing Transparency: Updated terms and conditions offer clearer criteria and expectations for users.
Metal Card Extension: All holders affected by upgrades received +1 month free.
New Features: PlutusSwap, PlutusMiles, PlutusGift, and more for in-app value.
Tangible Benefits: Redeem for instant card-top ups, air miles or gift cards.
PLU Rewards Anchor: In-app redemptions and emissions at a minimum £/€10 value. A Future of Growth and Innovation By the end of 2024, all in-app utilities, except PlutusSwap, will be anchored to a minimum intrinsic value of £/€10 per PLU (e.g., 1 PLU = £10 Gift Card), making external market conditions irrelevant. Starting in Q1 2025, PLU emissions will also align with this £/€10 intrinsic value set by in-app utilities. This approach aligns with Ernst & Young’s forecast of £/€7.90 per PLU in-app, aimed at achieving 100% self-sustainability through our network fee system, FUEL, and establishing a 'FUD-proof' model. In a move toward greater transparency, Plutus plans to release its financial model as open-source, enabling public verification and contributing to industry innovation. “Some doubt the system’s scalability and naively compare it to standard cashback," said Plutus CEO Danial Daychopan. "To ease concerns, we're re-validating the model with Ernst & Young and making it publicly available—not only to reassure our community but also to guide others who try to replicate our success. This move supports the industry, inspires us to innovate further, and lets us confidently leave them behind” A Balanced Approach to Transparency Plutus remains committed to transparency and fairness, with a top priority of ensuring the rewards system remains sustainable. The company understands that not everyone will agree with every decision, and that’s okay. Plutus is using this time to focus on what truly benefits the community in the long run. While some long-time customers may not agree with the direction, the company apologises for any disappointment, but to ensure continued benefits for all PLU token holders, the product must evolve. Plutus doesn’t rely on fancy PR firms for polished statements – the company speaks directly and honestly with its community. While there may be missteps along the way, Plutus is committed to improving and ensuring its messages are clear, consistent, and aligned with its values. Looking Ahead Plutus prioritizes maintaining a secure, respectful environment as it prepares for growth and an upcoming Series A funding round with an industry-leading partner. This collaboration will support the 2025 network transition, enhancing Plutus' tokenomics while safeguarding the community and fostering a positive space for customers who share its values. With Tier 1 network support and funding, Plutus remains committed to transparency and sustainability, ensuring its position as a leader at scale and delivering lasting value to millions of customers.For more details on upcoming features, please visit: Plutus White Paper 2024 About Plutus Plutus is a leading rewards and finance platform, providing lucrative solutions for its community worldwide. Focused on transparency, trust, and organic long-term growth, Plutus empowers everyday card spenders with tokenised loyalty rewards that maximise value in any economy. Contact Plutus Team press@plutus.it This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here LONDON, United Kingdom, November 18th, 2024/Chainwire/--Plutus, a pioneer in tokenized loyalty rewards, is implementing strategic upgrades to enhance platform integrity and ensure long-term sustainability. Guided by community feedback, with 67% of users expressing support, the company is rolling out initiatives aligned with its whitepaper, including offering rewards of up to 10% on debit card payments, positioning itself as a competitive alternative to traditional cashback and credit card programs. LONDON, United Kingdom, November 18th, 2024/Chainwire/--Plutus, Consequences Of Scaling Ambitions Since its inception in 2015 as one of the earliest community-supported Ethereum-based platforms, Plutus has pursued rapid growth while maintaining a self-funded approach. This expansion has introduced operational challenges that have, at times, affected the customer experience and community trust. Plutus is now dedicated to addressing these issues and strengthening the platform. Steps to Improve Platform Integrity and User Experience Helping Customers: Reinstated accounts flagged for misuse with guidance. Enhancing Transparency: Updated terms and conditions offer clearer criteria and expectations for users. Metal Card Extension: All holders affected by upgrades received +1 month free. New Features: PlutusSwap, PlutusMiles, PlutusGift, and more for in-app value. Tangible Benefits: Redeem for instant card-top ups, air miles or gift cards. PLU Rewards Anchor: In-app redemptions and emissions at a minimum £/€10 value. Helping Customers: Reinstated accounts flagged for misuse with guidance. Enhancing Transparency: Updated terms and conditions offer clearer criteria and expectations for users. Metal Card Extension: All holders affected by upgrades received +1 month free. New Features: PlutusSwap, PlutusMiles, PlutusGift, and more for in-app value. Tangible Benefits: Redeem for instant card-top ups, air miles or gift cards. PLU Rewards Anchor: In-app redemptions and emissions at a minimum £/€10 value. A Future of Growth and Innovation By the end of 2024, all in-app utilities, except PlutusSwap, will be anchored to a minimum intrinsic value of £/€10 per PLU (e.g., 1 PLU = £10 Gift Card), making external market conditions irrelevant. Starting in Q1 2025, PLU emissions will also align with this £/€10 intrinsic value set by in-app utilities. This approach aligns with Ernst & Young’s forecast of £/€7.90 per PLU in-app, aimed at achieving 100% self-sustainability through our network fee system, FUEL, and establishing a 'FUD-proof' model. Ernst & Young’s forecast Ernst & Young’s forecast In a move toward greater transparency, Plutus plans to release its financial model as open-source, enabling public verification and contributing to industry innovation. “Some doubt the system’s scalability and naively compare it to standard cashback," said Plutus CEO Danial Daychopan. "To ease concerns, we're re-validating the model with Ernst & Young and making it publicly available—not only to reassure our community but also to guide others who try to replicate our success. This move supports the industry, inspires us to innovate further, and lets us confidently leave them behind” “Some doubt the system’s scalability and naively compare it to standard cashback," said Plutus CEO Danial Daychopan . "To ease concerns, we're re-validating the model with Ernst & Young and making it publicly available—not only to reassure our community but also to guide others who try to replicate our success. This move supports the industry, inspires us to innovate further, and lets us confidently leave them behind” Danial Daychopan Danial Daychopan A Balanced Approach to Transparency Plutus remains committed to transparency and fairness, with a top priority of ensuring the rewards system remains sustainable. The company understands that not everyone will agree with every decision, and that’s okay. Plutus is using this time to focus on what truly benefits the community in the long run. While some long-time customers may not agree with the direction, the company apologises for any disappointment, but to ensure continued benefits for all PLU token holders, the product must evolve. Plutus doesn’t rely on fancy PR firms for polished statements – the company speaks directly and honestly with its community. While there may be missteps along the way, Plutus is committed to improving and ensuring its messages are clear, consistent, and aligned with its values. Looking Ahead Plutus prioritizes maintaining a secure, respectful environment as it prepares for growth and an upcoming Series A funding round with an industry-leading partner. This collaboration will support the 2025 network transition, enhancing Plutus' tokenomics while safeguarding the community and fostering a positive space for customers who share its values. With Tier 1 network support and funding, Plutus remains committed to transparency and sustainability, ensuring its position as a leader at scale and delivering lasting value to millions of customers.For more details on upcoming features, please visit: Plutus White Paper 2024 Plutus White Paper 2024 Plutus White Paper 2024 About Plutus Plutus is a leading rewards and finance platform, providing lucrative solutions for its community worldwide. Focused on transparency, trust, and organic long-term growth, Plutus empowers everyday card spenders with tokenised loyalty rewards that maximise value in any economy. Plutus Plutus Contact Plutus Team press@plutus.it This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here here here

Plutus Announces Platform Enhancements To Bolster Transparency And Sustainability

بلوتوس تعلن عن تحسينات في المنصة لتعزيز الشفافية والاستدامة

প্লুটাস স্বচ্ছতা এবং স্থায়িত্ব বাড়াতে প্ল্যাটফর্মের উন্নতি ঘোষণা করেছে

Plutus anuncia mejoras en la plataforma para reforzar la transparencia y la sostenibilidad

Plutus annonce des améliorations de sa plateforme pour renforcer la transparence et la durabilité

Plutus Mengumumkan Peningkatan Platform untuk Meningkatkan Transparansi dan Keberlanjutan

Plutus、透明性と持続可能性を強化するためのプラットフォーム強化を発表

Plutus ашықтық пен тұрақтылықты арттыру үшін платформаның жақсартуларын жариялайды

Plutus Esakoli Ba Améliorations Ya Plateforme Pona Ko Bolster Transparence Na Durabilité

پلوٹس نے شفافیت اور پائیداری کو تقویت دینے کے لیے پلیٹ فارم میں اضافے کا اعلان کیا۔

I-Plutus Yazisa uPhuculo lweQonga lokuNxibelela elubala kunye noZinzo

Plutus 宣布改进平台以提高透明度和可持续性

I-Plutus Imemezela Izithuthukisi Zeplathifomu Ukuze Kuqinise Ukucaca Nokusimama

Hey Hackers, Flanks has been nominated in HackerNoon's annual Startups of The Year awards in Barcelona, Spain. Please vote for us here: https://hackernoon.com/startups/europe/europe-barcelona-spain?stup=66b3e49b34a7dea7f8ad1291&embedable=true Read more about us below to understand why we deserve your vote. Meet Flanks Flanks is reshaping the wealth management industry by delivering an end-to-end solution to make it easy from beginning to end. Flanks enables global financial players—banks, family offices, and portfolio trackers—to streamline their operations and reduce manual processes to 0%. Founded in 2019 and headquartered in Barcelona, Flanks combines deep expertise in wealth management and technology. Backed by €9.8 million in investment, our team is committed to driving innovation and excellence in the industry. How Flanks achieved product-market fit Flanks’ solid product-market fit is grounded in several critical indicators that reflect the demand and alignment between our solution and the needs of the wealth management industry. Firstly, we’ve seen consistent growth in our client base, which includes top banks, family offices, and wealth managers worldwide. This steady demand signals that our end-to-end wealth management solution resonates well with industry challenges, especially in data aggregation and middle office taks. Secondly, Awards and reconitions received this year: we have received recognition from several prestigious awards and top industry players, including LinkedIn's Top Startups in Spain and Barcelona for September-October 2024, and our selection by Google for their AI-first startup program in September 2024. Another indicator is the high rate of adoption of our advanced features, including automated data quality checks and reporting capabilities. These have become essential tools for our users, enabling them to achieve higher accuracy and time savings in their daily operations. Finally, the €9.8 million raised from investors validates the market's confidence in our vision and impact. This funding enables us to continue enhancing our solution to stay aligned with evolving industry demands, further solidifying our position as a trusted solution provider in wealth management. The evolution of Flanks Flanks was founded in 2019, and we quickly set out to address the needs of the wealth management sector. In 2020, we developed our Data Aggregation product and secured our first clients, marking the beginning of our journey. By 2021, we expanded our product offerings across Spain and grew our client base significantly. Initially specialized in data aggregation for wealth managers, we recognized the need for a more comprehensive approach to address the complexities of wealth management. This realization led us to internationalize the company in 2022, positioning ourselves to serve a broader market. In 2023, we began developing our new product, Flanks Lume, which we recently launched, further enhancing our end-to-end wealth management solution. User feedback has been instrumental in this evolution. We actively listen to our clients, and their insights have guided our development priorities. This feedback has enabled us to identify pain points and opportunities for improvement, allowing us to iterate on our product and introduce features that truly meet their needs. From the outset, we provided free demonstrations to our early clients, allowing us to test and refine our services based on their feedback. As our product became more efficient and strategically aligned with client needs, we initiated our commercialization efforts. We negotiated special agreements with our first users, which facilitated the onboarding of new clients as we gained traction in the market. Milestones and achievements +100 clients spread worldwide
+72 global employees based in Barcelona
+39b USD assests under management
+350 connections with financial intitutions
+5 years servicing wealth management
95% coverage of the main financial entities in Europe What Startups of The Year means to us We’re genuinely surprised and deeply grateful for the “Startups of the Year” nomination, as well as for the attention and interest in Flanks this year. This recognition reflects the hard work of our entire team, and we couldn’t be prouder. We hope this recognition will make us increasingly visible in the industry, allowing more financial institutions to consider Flanks as their partner in making wealth management easier and more accessible for everyone. Thank you for the encouragement—it inspires us to keep pushing forward and striving for more together. Conclusion To wrap up, we hope this interview has given you insight into what drives us at Flanks and our vision for the future of wealth management. We’re deeply committed to simplifying and enhancing the industry, with a focus on high-quality data, 0% manual tasks, and client-centered solutions. Looking ahead, we're excited to continue pushing boundaries and setting new standards. Thank you for taking the time to get to know us—we can’t wait to see what lies ahead! Vote for us today! Welcome to HackerNoon’s Startups of The Year 2024 interview series, spotlighting startups from around the world that are changing the way we live, one solution at a time. If you’ve been nominated, create a brand profile and answer these questions here.
Want to nominate a startup? Follow the steps here.Looking for inspiration? Check out how other startups responded to last year’s Startups of The Year interview questions and examples of company responses here, here, and here. Hey Hackers, Flanks has been nominated in HackerNoon's annual Startups of The Year awards in Barcelona, Spain. Please vote for us here: Please vote for us here: https://hackernoon.com/startups/europe/europe-barcelona-spain?stup=66b3e49b34a7dea7f8ad1291&embedable=true https://hackernoon.com/startups/europe/europe-barcelona-spain?stup=66b3e49b34a7dea7f8ad1291&embedable=true Read more about us below to understand why we deserve your vote. Meet Flanks Flanks is reshaping the wealth management industry by delivering an end-to-end solution to make it easy from beginning to end. Flanks enables global financial players—banks, family offices, and portfolio trackers—to streamline their operations and reduce manual processes to 0%. Founded in 2019 and headquartered in Barcelona, Flanks combines deep expertise in wealth management and technology. Backed by €9.8 million in investment, our team is committed to driving innovation and excellence in the industry. How Flanks achieved product-market fit Flanks’ solid product-market fit is grounded in several critical indicators that reflect the demand and alignment between our solution and the needs of the wealth management industry. Firstly, we’ve seen consistent growth in our client base, which includes top banks, family offices, and wealth managers worldwide. This steady demand signals that our end-to-end wealth management solution resonates well with industry challenges, especially in data aggregation and middle office taks. consistent growth in our client base, Secondly, Awards and reconitions received this year : we have received recognition from several prestigious awards and top industry players, including LinkedIn's Top Startups in Spain and Barcelona for September-October 2024, and our selection by Google for their AI-first startup program in September 2024. Awards and reconitions received this year Another indicator is the high rate of adoption of our advanced features , including automated data quality checks and reporting capabilities. These have become essential tools for our users, enabling them to achieve higher accuracy and time savings in their daily operations. high rate of adoption of our advanced features , Finally, the €9.8 million raised from investors validates the market's confidence in our vision and impact. This funding enables us to continue enhancing our solution to stay aligned with evolving industry demands, further solidifying our position as a trusted solution provider in wealth management. the €9.8 million raised from investors The evolution of Flanks Flanks was founded in 2019, and we quickly set out to address the needs of the wealth management sector. In 2020, we developed our Data Aggregation product and secured our first clients, marking the beginning of our journey. By 2021, we expanded our product offerings across Spain and grew our client base significantly. Initially specialized in data aggregation for wealth managers, we recognized the need for a more comprehensive approach to address the complexities of wealth management. This realization led us to internationalize the company in 2022, positioning ourselves to serve a broader market. In 2023, we began developing our new product, Flanks Lume, which we recently launched, further enhancing our end-to-end wealth management solution. User feedback has been instrumental in this evolution. We actively listen to our clients, and their insights have guided our development priorities. This feedback has enabled us to identify pain points and opportunities for improvement, allowing us to iterate on our product and introduce features that truly meet their needs. From the outset, we provided free demonstrations to our early clients, allowing us to test and refine our services based on their feedback. As our product became more efficient and strategically aligned with client needs, we initiated our commercialization efforts. We negotiated special agreements with our first users, which facilitated the onboarding of new clients as we gained traction in the market. Milestones and achievements +100 clients spread worldwide +72 global employees based in Barcelona +39b USD assests under management +350 connections with financial intitutions +5 years servicing wealth management 95% coverage of the main financial entities in Europe +100 clients spread worldwide +72 global employees based in Barcelona +39b USD assests under management +350 connections with financial intitutions +5 years servicing wealth management 95% coverage of the main financial entities in Europe What Startups of The Year means to us We’re genuinely surprised and deeply grateful for the “Startups of the Year” nomination, as well as for the attention and interest in Flanks this year. This recognition reflects the hard work of our entire team, and we couldn’t be prouder. We hope this recognition will make us increasingly visible in the industry, allowing more financial institutions to consider Flanks as their partner in making wealth management easier and more accessible for everyone. Thank you for the encouragement—it inspires us to keep pushing forward and striving for more together. Conclusion To wrap up, we hope this interview has given you insight into what drives us at Flanks and our vision for the future of wealth management. We’re deeply committed to simplifying and enhancing the industry, with a focus on high-quality data, 0% manual tasks, and client-centered solutions. Looking ahead, we're excited to continue pushing boundaries and setting new standards. Thank you for taking the time to get to know us—we can’t wait to see what lies ahead! Vote for us today! Vote for us today ! Vote for us today Welcome to HackerNoon’s Startups of The Year 2024 interview series, spotlighting startups from around the world that are changing the way we live, one solution at a time. If you’ve been nominated, create a brand profile and answer these questions here. Want to nominate a startup? Follow the steps here. Looking for inspiration? Check out how other startups responded to last year’s Startups of The Year interview questions and examples of company responses here, here, and here. Welcome to HackerNoon’s Startups of The Year 2024 interview series, spotlighting startups from around the world that are changing the way we live, one solution at a time. If you’ve been nominated, create a brand profile and answer these questions here . Startups of The Year 2024 create a brand profile create a brand profile create a brand profile here here Want to nominate a startup? Follow the steps here . here here Looking for inspiration? Check out how other startups responded to last year’s Startups of The Year interview questions and examples of company responses here, here, and here. Looking for inspiration? Check out how other startups responded to last year’s Startups of The Year interview questions and examples of company responses here , here , and here . last year’s Startups of The Year interview questions last year’s Startups of The Year interview questions here here here here here here

Meet Flanks, Startups of the Year 2024 Nominee

Building a Hybrid RAG Agent with Neo4j Graphs and Milvus Vector Search

ዲቃላ RAG ወኪል በNeo4j Graphs እና Milvus Vector ፍለጋ መገንባት

Neo4j গ্রাফ এবং মিলভাস ভেক্টর অনুসন্ধান সহ একটি হাইব্রিড RAG এজেন্ট তৈরি করা

Construcció d'un agent RAG híbrid amb Neo4j Graphs i Milvus Vector Search

Creación de un agente RAG híbrido con gráficos Neo4j y búsqueda vectorial Milvus

Construíndo un axente RAG híbrido con Neo4j Graphs e Milvus Vector Search

Bati yon Ajan Hybrid RAG ak graf Neo4j ak rechèch vektè Milvus

Neo4j グラフと Milvus ベクトル検索を使用したハイブリッド RAG エージェントの構築

Dhisidda Wakiilka Isku-dhafka ah ee RAG oo wata Sawirro Neo4j ah iyo Raadinta Milvus Vector

Прављење хибридног РАГ агента са Нео4ј графовима и Милвус векторском претрагом

Neo4j வரைபடங்கள் மற்றும் மில்வஸ் வெக்டர் தேடலுடன் ஒரு கலப்பின RAG முகவரை உருவாக்குதல்

Сохтани агенти гибридии RAG бо графикҳои Neo4j ва ҷустуҷӯи Milvus

Neo4j Grafikleri ve Milvus Vektör Araması ile Hibrit Bir RAG Aracısı Oluşturma

Do I Even Need a Bio? Yes, you do. And do people actually read other people’s bios on social media? Also affirmative. First impression is what matters and lasts. Additionally, I find it useful to try to squeeze my professional career story into a few short sentences. It helps me get a better overview of what my strengths and areas of expertise actually are. Maybe even inspires me to make some changes and get a bit closer to some professional goals. And probably most importantly – it is a brief yet comprehensive source of information about me for future employers, employees, or any new connections in my network. What Does a ‘Good’ Bio Include? The length of a bio varies among different social media platforms. Probably the longest one I’ve written was for a conference application form. Searching through various LinkedIn bios and writing tips, I came up with a few conclusions about its elements and main features: Length For most of my social media accounts, I keep my bio short - 2 or 3 sentences maximum. For event applications or ‘about me’ sections with more space on some of my accounts – I allow 5 well-structured sentences. Content A short social media bio includes information on my job position, the company I work for, the main areas of my expertise, and the biggest achievements. For a longer ‘about me’ I add a few more personal elements – my motivations and hobbies. You can also include your valuable experience. Tone In a short bio, I keep the language clear, precise, and rather formal. For a longer personal summary, I remember to stay as authentic as possible. I make the language slightly more conversational, however, still professional. Practical Prompt for a Catchy Bio With ChatGPT First, I want to create a short bio – useful for example for a LinkedIn headline. Copy and paste input: Write a 2-3 sentences long professional bio for my social media account.
Remember to make sentences short and stick to the given limit.
Use simple verbs, make language simple.
Include only relevant information, do not add pompous quotes.
Keep grammar structure consistent.
Use following information:
My job position: (fill in with your information)
The company I work for: (fill in with your information)
My main responsibilities: (name 1 or 2 areas of your expertise)
My main achievements: (include the achievements you’re most proud of) My input: Write a 2-3 sentences long professional bio for my social media account.
Remember to make sentences short and stick to the given limit.
Use simple verbs, make language simple.
Include only relevant information, do not add pompous quotes.
Keep grammar structure consistent.
Use following information:
My job position: Executive Assistant and Technical Writer
The company I work for: sentimatic
My main responsibilities: writing articles about being productive with AI on https://productiveimpact.com/
My main achievements: running a small English tutoring business at https://anna-tomyofenglish.carrd.co What I got: Executive Assistant & Technical Writer at sentimatic. I write articles on AI productivity for https://productiveimpact.com/ and manage a small English tutoring business at https://anna-tomyofenglish.carrd.co Now, I want to develop my short bio into a longer professional summary and add some more personal information. I can then use it for conference applications or any longer description sections on my social media pages. I type: Now change my short bio into a longer one - stick to the 5 sentences limit.
Use simple verbs and keep sentences short and concise.
Keep it on a level comprehensible for a B1 speaker of English.
Do not add pompous quotes.
Keep grammar structure consistent.
Write only about the information below, nothing else.
Add information including:
My motivations: (in short name the main professional goal of your actions)
My hobbies: (name 2 or 3 hobbies)
My valuable expertise (add anything you find worth the attention or write ‘doesn’t concern’) And this is the final version of my longer bio: Executive Assistant & Technical Writer at sentimatic. I write articles on AI productivity for https://productiveimpact.com/ and manage a small English tutoring business at https://anna-tomyofenglish.carrd.co. I aim to automate tasks to have more time for creativity. Outside of work, I enjoy watching French movies, exploring psychology, and learning new languages. Now What? Now, whenever something changes in my professional life, I can easily adapt my bio and keep the people within my network updated. With a clear and catchy bio, I gain a higher following and attract people who simply fit my professional goals and aspirations better. Improve your personal brand with the help of ChatGPT, and start using these prompts for an effective social media bio. For any other social media content tips, check my other articles and subscribe to my newsletter! Thank you for supporting produtiveimpact! Check @productiveimpct Do I Even Need a Bio? Yes, you do. And do people actually read other people’s bios on social media? Also affirmative. First impression is what matters and lasts. Additionally, I find it useful to try to squeeze my professional career story into a few short sentences. It helps me get a better overview of what my strengths and areas of expertise actually are. Maybe even inspires me to make some changes and get a bit closer to some professional goals. And probably most importantly – it is a brief yet comprehensive source of information about me for future employers, employees, or any new connections in my network. What Does a ‘Good’ Bio Include? The length of a bio varies among different social media platforms. Probably the longest one I’ve written was for a conference application form. Searching through various LinkedIn bios and writing tips, I came up with a few conclusions about its elements and main features: Length Length Length Length For most of my social media accounts, I keep my bio short - 2 or 3 sentences maximum. For event applications or ‘about me’ sections with more space on some of my accounts – I allow 5 well-structured sentences. Content Content Content Content A short social media bio includes information on my job position, the company I work for, the main areas of my expertise, and the biggest achievements. For a longer ‘about me’ I add a few more personal elements – my motivations and hobbies. You can also include your valuable experience. Tone Tone Tone Tone In a short bio, I keep the language clear, precise, and rather formal. For a longer personal summary, I remember to stay as authentic as possible. I make the language slightly more conversational, however, still professional. Practical Prompt for a Catchy Bio With ChatGPT First, I want to create a short bio – useful for example for a LinkedIn headline. Copy and paste input: Write a 2-3 sentences long professional bio for my social media account. Remember to make sentences short and stick to the given limit. Use simple verbs, make language simple. Include only relevant information, do not add pompous quotes. Keep grammar structure consistent. Use following information: My job position: (fill in with your information) The company I work for: (fill in with your information) My main responsibilities: (name 1 or 2 areas of your expertise) My main achievements: (include the achievements you’re most proud of) Write a 2-3 sentences long professional bio for my social media account. Remember to make sentences short and stick to the given limit. Use simple verbs, make language simple. Include only relevant information, do not add pompous quotes. Keep grammar structure consistent. Use following information: My job position: (fill in with your information) The company I work for: (fill in with your information) My main responsibilities: (name 1 or 2 areas of your expertise) My main achievements: (include the achievements you’re most proud of) My input: Write a 2-3 sentences long professional bio for my social media account. Remember to make sentences short and stick to the given limit. Use simple verbs, make language simple. Include only relevant information, do not add pompous quotes. Keep grammar structure consistent. Use following information: My job position: Executive Assistant and Technical Writer The company I work for: sentimatic My main responsibilities: writing articles about being productive with AI on https://productiveimpact.com/ My main achievements: running a small English tutoring business at https://anna-tomyofenglish.carrd.co Write a 2-3 sentences long professional bio for my social media account. Remember to make sentences short and stick to the given limit. Use simple verbs, make language simple. Include only relevant information, do not add pompous quotes. Keep grammar structure consistent. Use following information: My job position: Executive Assistant and Technical Writer The company I work for: sentimatic My main responsibilities: writing articles about being productive with AI on https://productiveimpact.com/ https://productiveimpact.com/ https://productiveimpact.com/ My main achievements: running a small English tutoring business at https://anna-tomyofenglish.carrd.co https://anna-tomyofenglish.carrd.co https://anna-tomyofenglish.carrd.co What I got: Executive Assistant & Technical Writer at sentimatic. I write articles on AI productivity for https://productiveimpact.com/ and manage a small English tutoring business at https://anna-tomyofenglish.carrd.co Executive Assistant & Technical Writer at sentimatic. I write articles on AI productivity for https://productiveimpact.com/ and manage a small English tutoring business at https://anna-tomyofenglish.carrd.co https://productiveimpact.com/ https://productiveimpact.com/ https://anna-tomyofenglish.carrd.co https://anna-tomyofenglish.carrd.co Now, I want to develop my short bio into a longer professional summary and add some more personal information. I can then use it for conference applications or any longer description sections on my social media pages. I type: Now change my short bio into a longer one - stick to the 5 sentences limit. Use simple verbs and keep sentences short and concise. Keep it on a level comprehensible for a B1 speaker of English. Do not add pompous quotes. Keep grammar structure consistent. Write only about the information below, nothing else. Add information including: My motivations: (in short name the main professional goal of your actions) My hobbies: (name 2 or 3 hobbies) My valuable expertise (add anything you find worth the attention or write ‘doesn’t concern’) Now change my short bio into a longer one - stick to the 5 sentences limit. Use simple verbs and keep sentences short and concise. Keep it on a level comprehensible for a B1 speaker of English. Do not add pompous quotes. Keep grammar structure consistent. Write only about the information below, nothing else. Add information including: My motivations: (in short name the main professional goal of your actions) My hobbies: (name 2 or 3 hobbies) My valuable expertise (add anything you find worth the attention or write ‘doesn’t concern’) And this is the final version of my longer bio: Executive Assistant & Technical Writer at sentimatic. I write articles on AI productivity for https://productiveimpact.com/ and manage a small English tutoring business at https://anna-tomyofenglish.carrd.co. I aim to automate tasks to have more time for creativity. Outside of work, I enjoy watching French movies, exploring psychology, and learning new languages. Executive Assistant & Technical Writer at sentimatic. I write articles on AI productivity for https://productiveimpact.com/ and manage a small English tutoring business at https://anna-tomyofenglish.carrd.co . I aim to automate tasks to have more time for creativity. Outside of work, I enjoy watching French movies, exploring psychology, and learning new languages. https://productiveimpact.com/ https://productiveimpact.com/ https://anna-tomyofenglish.carrd.co https://anna-tomyofenglish.carrd.co Now What? Now, whenever something changes in my professional life, I can easily adapt my bio and keep the people within my network updated. With a clear and catchy bio, I gain a higher following and attract people who simply fit my professional goals and aspirations better. Improve your personal brand with the help of ChatGPT, and start using these prompts for an effective social media bio. For any other social media content tips, check my other articles and subscribe to my newsletter! Thank you for supporting produtiveimpact! Check @productiveimpct @productiveimpct

How to Make Your Social Media Bio Catchy and Memorable With ChatGPT

Hey Hackers, 91Ninjas has been nominated in HackerNoon's annual Startups of The Year awards in Singapore. Please vote for us here: https://hackernoon.com/startups/asia/asia-singapore-singapore?stup=66f31d976ea4677e23dcd777&embedable=true Read more about us below to understand why we deserve your vote. Meet 91Ninjas We are a Singapore-based B2B SaaS marketing firm, specializing in strategic growth solutions for startups, growth-stage companies, and enterprises. Acting as an extension of our clients’ teams, we provide a blend of strategy and execution to drive results. Our global clients include notable names like DevRev, Flipkart Commerce Cloud, Yellow.ai, Qapita, among others, trusting us to elevate their B2B marketing efforts across PPC, SEO, content, and social media. How 91Ninjas achieved product-market fit Achieving product-market fit for us meant recognizing and addressing the unique challenges of B2B SaaS companies at different growth stages. From strategic leadership for startups to unlocking growth channels for established brands, we crafted a model that meets clients’ needs while delivering measurable results. This focused approach established our position as a trusted partner in the B2B SaaS market. The evolution of 91Ninjas Starting with a vision to transform B2B SaaS marketing, we’ve grown into a comprehensive 360° growth partner. Initially focused on core digital channels, we’ve expanded our offerings to include integrated GTM, brand identity set-up, communication strategy, and sales collateral for enterprises. This evolution reflects our commitment to driving impactful growth and tackling the entire marketing spectrum for each client. Milestones and achievements Our milestones include working with leading brands across the U.S., Europe, India, and SEA, establishing predictable pipelines, and helping clients scale sustainably through proven strategies. We’ve developed marketing playbooks that bring clarity and growth, building each client’s brand as a recognized voice in the B2B SaaS landscape. Lessons learned We’ve learned the importance of agility, vision alignment, and data-driven decisions in creating successful partnerships. Every client requires a unique approach, and by staying flexible and focusing on their vision, we help translate goals into tangible success. What Startups of The Year means to us Being recognized as "Startups of the Year" validates our commitment to helping B2B SaaS companies overcome their most challenging growth barriers. This recognition inspires us to continue pioneering marketing strategies that drive the next wave of B2B SaaS success stories. Conclusion At 91Ninjas, we’re more than a marketing partner—we’re a growth ally committed to unlocking your brand’s full potential. Let’s build the future of B2B SaaS, together. Vote for us today! Welcome to HackerNoon’s Startups of The Year 2024 interview series, spotlighting startups from around the world that are changing the way we live, one solution at a time. If you’ve been nominated, create a brand profile and answer these questions here.
Want to nominate a startup? Follow the steps here.Looking for inspiration? Check out how other startups responded to last year’s Startups of The Year interview questions and examples of company responses here, here, and here. Hey Hackers, 91Ninjas has been nominated in HackerNoon's annual Startups of The Year awards in Singapore. Please vote for us here: Please vote for us here: https://hackernoon.com/startups/asia/asia-singapore-singapore?stup=66f31d976ea4677e23dcd777&embedable=true https://hackernoon.com/startups/asia/asia-singapore-singapore?stup=66f31d976ea4677e23dcd777&embedable=true Read more about us below to understand why we deserve your vote. Meet 91Ninjas We are a Singapore-based B2B SaaS marketing firm, specializing in strategic growth solutions for startups, growth-stage companies, and enterprises. Acting as an extension of our clients’ teams, we provide a blend of strategy and execution to drive results. Our global clients include notable names like DevRev, Flipkart Commerce Cloud, Yellow.ai, Qapita, among others, trusting us to elevate their B2B marketing efforts across PPC, SEO, content, and social media. How 91Ninjas achieved product-market fit Achieving product-market fit for us meant recognizing and addressing the unique challenges of B2B SaaS companies at different growth stages. From strategic leadership for startups to unlocking growth channels for established brands, we crafted a model that meets clients’ needs while delivering measurable results. This focused approach established our position as a trusted partner in the B2B SaaS market. The evolution of 91Ninjas Starting with a vision to transform B2B SaaS marketing, we’ve grown into a comprehensive 360° growth partner. Initially focused on core digital channels, we’ve expanded our offerings to include integrated GTM, brand identity set-up, communication strategy, and sales collateral for enterprises. This evolution reflects our commitment to driving impactful growth and tackling the entire marketing spectrum for each client. Milestones and achievements Our milestones include working with leading brands across the U.S., Europe, India, and SEA, establishing predictable pipelines, and helping clients scale sustainably through proven strategies. We’ve developed marketing playbooks that bring clarity and growth, building each client’s brand as a recognized voice in the B2B SaaS landscape. Lessons learned We’ve learned the importance of agility, vision alignment, and data-driven decisions in creating successful partnerships. Every client requires a unique approach, and by staying flexible and focusing on their vision, we help translate goals into tangible success. What Startups of The Year means to us Being recognized as "Startups of the Year" validates our commitment to helping B2B SaaS companies overcome their most challenging growth barriers. This recognition inspires us to continue pioneering marketing strategies that drive the next wave of B2B SaaS success stories. Conclusion At 91Ninjas, we’re more than a marketing partner—we’re a growth ally committed to unlocking your brand’s full potential. Let’s build the future of B2B SaaS, together. Vote for us today! Vote for us today ! Vote for us today Welcome to HackerNoon’s Startups of The Year 2024 interview series, spotlighting startups from around the world that are changing the way we live, one solution at a time. If you’ve been nominated, create a brand profile and answer these questions here. Want to nominate a startup? Follow the steps here. Looking for inspiration? Check out how other startups responded to last year’s Startups of The Year interview questions and examples of company responses here, here, and here. Welcome to HackerNoon’s Startups of The Year 2024 interview series, spotlighting startups from around the world that are changing the way we live, one solution at a time. If you’ve been nominated, create a brand profile and answer these questions here . Startups of The Year 2024 create a brand profile create a brand profile create a brand profile here here Want to nominate a startup? Follow the steps here . here here Looking for inspiration? Check out how other startups responded to last year’s Startups of The Year interview questions and examples of company responses here, here, and here. Looking for inspiration? Check out how other startups responded to last year’s Startups of The Year interview questions and examples of company responses here , here , and here . last year’s Startups of The Year interview questions last year’s Startups of The Year interview questions here here here here here here

Meet 91Ninjas, Startups of the Year 2024 Nominee

When we think of sci-fi, we often picture bleak, dystopian futures—worlds where humanity is fighting for survival in apocalyptic wastelands. Films like The Matrix, Mad Max, and Blade Runner have defined this genre for decades, painting a dark picture of what’s to come. But what if sci-fi didn’t have to be a prophecy of doom? What if, instead, it could offer hope, creativity, and a vision of a better future? That's where Artisans of Time comes in. Artisans of Time is a regenerative sci-fi script that breaks free from the apocalyptic narrative and presents a utopian world of technological and creative abundance. This project isn't just a story about the future—it's a mission to show the power of women, innovation, and imagination in shaping a brighter tomorrow. You can still include classic Hero's Journey or Save the Cat elements—like the call to adventure, meeting the mentor, and crossing the threshold—without relying on the standard "man battles apocalyptic future" setting. There's plenty of room to explore personal growth, challenges, and transformation in more hopeful and regenerative worlds. A New Model of Storytelling As someone with a degree in creative writing, and a background in human rights, ancient cultures, emerging tech, regenerative farming and biodiversity, as well as being a bit on the weird side, I’ve always been passionate about stories that challenge societal norms and offer fresh perspectives. With Artisans of Time, the goal is to create a new model of filmmaking—one that isn’t centered around fear, destruction, or dystopia. Instead, they’re building a future where technology is used for good, where creativity thrives, and where we’re inspired by the possibilities of what humanity can achieve. Hey, because isn’t sci-fi the template for imagining the future? Just look at Jules Verne predicting submarines and video calls! So why can’t we imagine a rich and abundant future where there's enough for everyone, freedom to explore our creativity, and a thriving, abundant natural world? The film’s protagonist, Emma, is a hardware artist—a creator in a world where technological invention is restricted to an elite class. Her struggle for recognition mirrors the challenges faced by women in STEM fields today, fighting for equality, respect, and opportunities to contribute. Emma’s journey is about much more than rebellion—it’s about democratizing technology and envisioning a future where innovation benefits everyone, not just the privileged few. Recognition and Support Since completing the script, Artisans of Time has already garnered attention, earning a Merit Award at the Big Apple Film Festival. But that’s just the beginning. As part of Artizen Fund Season 4, we’ve also been accepted into several key funds and initiatives that support groundbreaking projects like this: Commons Fund for public goods pioneers


AI Filmmaking Fund for generative storytellers


Immersive Worlds Fund for spatial community-building


Artizen Fund for human creativity These matching funds play a critical role in helping us bring renegade projects like this to life. Every NFT sale and contribution helps us continue building the Artisans of Time world and telling stories that matter. Expanding Into Immersive Worlds But Artisans of Time is more than just a film—it’s the start of something bigger. With a background in web3 game marketing and development, my vision is to expand this story into an immersive world where people can engage, create, and make an impact. Imagine a game where players are rewarded for taking real-world positive environmental actions and can interact with their own regenerative AI chatbot coach. But it doesn't stop there—Artisans of Time could also include AR/VR elements, where you look at your current city and imagine it transformed into the utopian world of Artisans of Time, filled with trees, plants, and clean energy solutions. Artisans of Time lends itself perfectly to game development and immersive storytelling. It’s a world where the audience doesn’t just watch the story unfold—they participate in shaping the narrative and envision a regenerative future. A Unique Look Inspired by Imagination Many of us grew up in an era filled with Fraggle Rock, The Labyrinth, and the magical worlds of Jim Henson, and would love the opportunity to bring those rich, bohemian, real-life textures into an immersive world. Visually, Artisans of Time is something truly special. I’ve developed a 3D storytelling world that is diverse, inclusive, and technologically advanced, but still deeply human and artistic. It’s detailed, immersive, and full of life, offering a space where every element of the world contributes to the broader narrative. Why Now? We live in a time when the stories we tell have a profound impact on the way we view the future. Sci-fi has always been a space where we explore possibilities, but too often those possibilities are dark and dystopian. With Artisans of Time,  we can shift the narrative toward something more positive—something that inspires us to think creatively, innovate, and build a world that benefits everyone. Isn’t that the reason why we are in web3 anyway? Regenerative storytelling can inspire real-world change. By creating a story that highlights the importance of inclusion, creativity, and sustainability, we can encourage people to think differently about the future. About Artizen Fund The Artizen Fund is all about decolonizing impact funding, making it more democratic, and levelling the playing field for creators. It supports projects that are off the beaten path, often regenerative in nature, and focused on creating real change. By purchasing NFTs or contributing, you're helping to fund bold, creative work like Artisans of Time, while ensuring that diverse voices and ideas have the opportunity to thrive. Your support helps projects move forward while making impact funding more accessible to everyone When we think of sci-fi, we often picture bleak, dystopian futures—worlds where humanity is fighting for survival in apocalyptic wastelands. Films like The Matrix , Mad Max , and Blade Runner have defined this genre for decades, painting a dark picture of what’s to come. But what if sci-fi didn’t have to be a prophecy of doom? What if, instead, it could offer hope, creativity, and a vision of a better future? The Matrix Mad Max Blade Runner That's where Artisans of Time comes in. Artisans of Time Artisans of Time is a regenerative sci-fi script that breaks free from the apocalyptic narrative and presents a utopian world of technological and creative abundance. This project isn't just a story about the future—it's a mission to show the power of women, innovation, and imagination in shaping a brighter tomorrow. Artisans of Time You can still include classic Hero's Journey or Save the Cat elements—like the call to adventure, meeting the mentor, and crossing the threshold—without relying on the standard "man battles apocalyptic future" setting. There's plenty of room to explore personal growth, challenges, and transformation in more hopeful and regenerative worlds. Save the Cat A New Model of Storytelling As someone with a degree in creative writing, and a background in human rights, ancient cultures, emerging tech, regenerative farming and biodiversity, as well as being a bit on the weird side, I’ve always been passionate about stories that challenge societal norms and offer fresh perspectives. With Artisans of Time , the goal is to create a new model of filmmaking —one that isn’t centered around fear, destruction, or dystopia. Artisans of Time new model of filmmaking Instead, they’re building a future where technology is used for good, where creativity thrives, and where we’re inspired by the possibilities of what humanity can achieve. Hey, because isn’t sci-fi the template for imagining the future ? Just look at Jules Verne predicting submarines and video calls! So why can’t we imagine a rich and abundant future where there's enough for everyone, freedom to explore our creativity, and a thriving, abundant natural world ? sci-fi the template for imagining the future rich and abundant future enough for everyone, freedom to explore our creativity, and a thriving, abundant natural world The film’s protagonist, Emma, is a hardware artist —a creator in a world where technological invention is restricted to an elite class. hardware artist Her struggle for recognition mirrors the challenges faced by women in STEM fields today, fighting for equality, respect, and opportunities to contribute. Emma’s journey is about much more than rebellion—it’s about democratizing technology and envisioning a future where innovation benefits everyone, not just the privileged few. democratizing technology Recognition and Support Since completing the script, Artisans of Time has already garnered attention, earning a Merit Award at the Big Apple Film Festival. But that’s just the beginning. As part of Artizen Fund Season 4 , we’ve also been accepted into several key funds and initiatives that support groundbreaking projects like this: Artisans of Time Artizen Fund Season 4 Commons Fund for public goods pioneers AI Filmmaking Fund for generative storytellers Immersive Worlds Fund for spatial community-building Artizen Fund for human creativity Commons Fund for public goods pioneers Commons Fund for public goods pioneers Commons Fund AI Filmmaking Fund for generative storytellers AI Filmmaking Fund for generative storytellers AI Filmmaking Fund Immersive Worlds Fund for spatial community-building Immersive Worlds Fund for spatial community-building Immersive Worlds Fund Artizen Fund for human creativity Artizen Fund for human creativity Artizen Fund These matching funds play a critical role in helping us bring renegade projects like this to life. Every NFT sale and contribution helps us continue building the Artisans of Time world and telling stories that matter. Expanding Into Immersive Worlds But Artisans of Time is more than just a film—it’s the start of something bigger. With a background in web3 game marketing and development, my vision is to expand this story into an immersive world where people can engage, create, and make an impact. Artisans of Time Imagine a game where players are rewarded for taking real-world positive environmental actions and can interact with their own regenerative AI chatbot coach. But it doesn't stop there— Artisans of Time could also include AR/VR elements, where you look at your current city and imagine it transformed into the utopian world of Artisans of Time , filled with trees, plants, and clean energy solutions. Artisans of Time Artisans of Time Artisans of Time lends itself perfectly to game development and immersive storytelling. It’s a world where the audience doesn’t just watch the story unfold—they participate in shaping the narrative and envision a regenerative future. Artisans of Time A Unique Look Inspired by Imagination Many of us grew up in an era filled with Fraggle Rock , The Labyrinth , and the magical worlds of Jim Henson, and would love the opportunity to bring those rich, bohemian, real-life textures into an immersive world. Fraggle Rock The Labyrinth Visually, Artisans of Time is something truly special. I’ve developed a 3D storytelling world that is diverse, inclusive, and technologically advanced, but still deeply human and artistic . It’s detailed, immersive, and full of life, offering a space where every element of the world contributes to the broader narrative. Artisans of Time diverse, inclusive, and technologically advanced, but still deeply human and artistic Why Now? We live in a time when the stories we tell have a profound impact on the way we view the future . stories we tell have a profound impact on the way we view the future Sci-fi has always been a space where we explore possibilities, but too often those possibilities are dark and dystopian. With Artisans of Time ,  we can shift the narrative toward something more positive—something that inspires us to think creatively, innovate, and build a world that benefits everyone . Isn’t that the reason why we are in web3 anyway? Artisans of Time inspires us to think creatively, innovate, and build a world that benefits everyone Regenerative storytelling can inspire real-world change. By creating a story that highlights the importance of inclusion, creativity, and sustainability, we can encourage people to think differently about the future. About Artizen Fund About Artizen Fund The Artizen Fund is all about decolonizing impact funding, making it more democratic, and levelling the playing field for creators. Artizen Fund It supports projects that are off the beaten path, often regenerative in nature, and focused on creating real change. By purchasing NFTs or contributing, you're helping to fund bold, creative work like Artisans of Time , while ensuring that diverse voices and ideas have the opportunity to thrive. Your support helps projects move forward while making impact funding more accessible to everyone Artisans of Time

Artisans of Time: Reimagining Sci-Fi & Building a Regenerative Future

Till now, developing countries have not been able to overcome their internal problems with volatility and high levels of environmental uncertainty. Some of them are still characterized by low trust in traditional banking systems and currencies. But people still need proven financial tools to manage their funds, creating a blank space that could be filled with fintechs. Why fintech? Fintech companies are more agile, and in most cases, they work based on digital assets like cryptocurrencies. This is especially important in regions where inflation depreciates national currencies and pushes mass crypto adoption.  In this article, let’s delve deeper into the problems of emerging markets (EM) and see how fintech can help their financial systems. The main challenges of emerging markets As I mentioned in the introduction, developing countries can usually be described as regions with high uncertainty levels. Such a description refers both to problems in the political system and the national economy. Due to underdevelopment, there can be a high level of corruption, unfair elections, etc. These problems decrease people’s trust in all regulatory bodies, including the financial system. Such major issues may entail major problems in the economy, for example, currency depreciation, high inflation, the slowdown in production, etc. A bright illustration of the emerging state with a ton of economic problems is Argentina, the second country with the highest inflation rate ranking. The inflation is peaking up to 250% in this region. Emerging markets also cannot boast of an educated population. They suffer from a lack of financial literacy and an inability to allocate incomes properly. The majority of them do not understand sophisticated financial tools or digital assets. Nevertheless, sometimes it is explained by low incomes: emerging markets sometimes match the lower middle income strata. However, this is a problem from two sides. Sometimes, people do not know much about the financial system because it is simply underdeveloped. As proof of my words, there is the World Bank report where researchers highlight the same: nearly 30% of adults do not have financial accounts either because the maintenance costs are high or the institutions are too far away. How can fintech companies improve the situation? First, fintech companies usually provide their services online without the need to contact any financial institutions. Fintech can also afford to provide a service that is usually free of charge. This is thanks to low costs of keeping an online business. So, all in all, their products can be considered more affordable and accessible. To overcome political challenges, fintech also thoroughly considers the regulatory environment. Each market has its own set of rules and nuances that fintech companies have to adapt to or help to transform for better. Many fintech companies are working with crypto. Cryptocurrencies can be a real saver for people living in developed countries as they are a more stable payment method. With, for example, stablecoins, developed countries' citizens should not worry about high inflation decreasing their assets. Additionally, crypto payments are an excellent method to be engaged in global commerce as crypto deletes borders and facilitates international payments. Actually, this also inspires marketplaces to operate in emerging markets, which creates a positive effect for the whole region’s development. Fintech companies also care about raising financial literacy. Sometimes before offering a product, they educate the potential user on its pros and cons and the ways on how to use it. This is a win-win strategy, as companies increase their clientele and population increase their knowledge of finance. As financing is a problem, fintechs can also have a hand in regions’ wealth increase. They grant loans on more affordable terms and have fewer requirements during credit scoring, compared to banks. Not only theory but also reality In fact, there are indeed many companies in the world today that operate quite successfully in emerging markets. One such example is 8B World. It is a fintech platform that provides cross-border payment solutions for emerging markets such as Africa and Asia. The project combines local payment systems into a single platform. For anyone willing to access these markets or for locals seeking financial services, it becomes much easier and more convenient. 8B World integrates popular payment methods such as mobile wallets and complies with local regulations. This makes the platform also accessible for small and medium-sized businesses that want to work in new markets. The success stories of companies such as M-Pesa, Paytm, Nubank, and Flutterwave serve as proof that even in such regions, the fintech sector has huge potential. These companies have transformed access to financial services in their markets by offering them to the general public. M-Pesa, for example, has become a key player in mobile payments in East Africa, Paytm has radically changed the approach to digital payments in India, and Nubank in Brazil and Flutterwave in Africa have made financial services simpler and more convenient. Such examples are truly inspiring. They highlight one more time how fintech platforms can improve access to financial services in regions with limited banking infrastructure. The future in emerging markets belongs to fintech Taking into account all the benefits of fintech in EM, it becomes clear that their future with fintechs can be bright and promising. Developing countries are like an untilled field, where one can harvest a lot. They not only extend the offer of financial tools in these regions but also bring EM to the global standards and include them in the global system. For example, In Southeast Asia, countries like Thailand and Indonesia have developed their payment systems, but they must still connect to the global ecosystem to remain competitive. Till now, developing countries have not been able to overcome their internal problems with volatility and high levels of environmental uncertainty. Some of them are still characterized by low trust in traditional banking systems and currencies. But people still need proven financial tools to manage their funds, creating a blank space that could be filled with fintechs. Till now, developing countries have not been able to overcome their internal problems with volatility and high levels of environmental uncertainty. Some of them are still characterized by low trust in traditional banking systems and currencies. But people still need proven financial tools to manage their funds, creating a blank space that could be filled with fintechs. Why fintech? Fintech companies are more agile, and in most cases, they work based on digital assets like cryptocurrencies. This is especially important in regions where inflation depreciates national currencies and pushes mass crypto adoption.  In this article, let’s delve deeper into the problems of emerging markets (EM) and see how fintech can help their financial systems. The main challenges of emerging markets The main challenges of emerging markets As I mentioned in the introduction, developing countries can usually be described as regions with high uncertainty levels. Such a description refers both to problems in the political system and the national economy. Due to underdevelopment, there can be a high level of corruption, unfair elections, etc. These problems decrease people’s trust in all regulatory bodies, including the financial system. Such major issues may entail major problems in the economy, for example, currency depreciation, high inflation, the slowdown in production, etc. A bright illustration of the emerging state with a ton of economic problems is Argentina, the second country with the highest inflation rate ranking. The inflation is peaking up to 250% in this region. 250% 250% Emerging markets also cannot boast of an educated population. They suffer from a lack of financial literacy and an inability to allocate incomes properly. The majority of them do not understand sophisticated financial tools or digital assets. Nevertheless, sometimes it is explained by low incomes: emerging markets sometimes match the lower middle income strata. lower middle income strata. lower middle income strata. However, this is a problem from two sides. Sometimes, people do not know much about the financial system because it is simply underdeveloped. As proof of my words, there is the World Bank report where researchers highlight the same: nearly 30% of adults do not have financial accounts either because the maintenance costs are high or the institutions are too far away. 30% 30% How can fintech companies improve the situation? How can fintech companies improve the situation? First, fintech companies usually provide their services online without the need to contact any financial institutions. Fintech can also afford to provide a service that is usually free of charge. This is thanks to low costs of keeping an online business. So, all in all, their products can be considered more affordable and accessible. To overcome political challenges, fintech also thoroughly considers the regulatory environment. Each market has its own set of rules and nuances that fintech companies have to adapt to or help to transform for better. Many fintech companies are working with crypto. Cryptocurrencies can be a real saver for people living in developed countries as they are a more stable payment method. With, for example, stablecoins, developed countries' citizens should not worry about high inflation decreasing their assets. Additionally, crypto payments are an excellent method to be engaged in global commerce as crypto deletes borders and facilitates international payments. Actually, this also inspires marketplaces to operate in emerging markets, which creates a positive effect for the whole region’s development. Fintech companies also care about raising financial literacy. Sometimes before offering a product, they educate the potential user on its pros and cons and the ways on how to use it. This is a win-win strategy, as companies increase their clientele and population increase their knowledge of finance. As financing is a problem, fintechs can also have a hand in regions’ wealth increase. They grant loans on more affordable terms and have fewer requirements during credit scoring, compared to banks. Not only theory but also reality Not only theory but also reality In fact, there are indeed many companies in the world today that operate quite successfully in emerging markets. One such example is 8B World. It is a fintech platform that provides cross-border payment solutions for emerging markets such as Africa and Asia. The project combines local payment systems into a single platform. For anyone willing to access these markets or for locals seeking financial services, it becomes much easier and more convenient. 8B World integrates popular payment methods such as mobile wallets and complies with local regulations. This makes the platform also accessible for small and medium-sized businesses that want to work in new markets. The success stories of companies such as M-Pesa, Paytm, Nubank, and Flutterwave serve as proof that even in such regions, the fintech sector has huge potential. These companies have transformed access to financial services in their markets by offering them to the general public. M-Pesa, for example, has become a key player in mobile payments in East Africa, Paytm has radically changed the approach to digital payments in India, and Nubank in Brazil and Flutterwave in Africa have made financial services simpler and more convenient. Such examples are truly inspiring. They highlight one more time how fintech platforms can improve access to financial services in regions with limited banking infrastructure. The future in emerging markets belongs to fintech The future in emerging markets belongs to fintech Taking into account all the benefits of fintech in EM, it becomes clear that their future with fintechs can be bright and promising. Developing countries are like an untilled field, where one can harvest a lot. They not only extend the offer of financial tools in these regions but also bring EM to the global standards and include them in the global system. For example, In Southeast Asia, countries like Thailand and Indonesia have developed their payment systems, but they must still connect to the global ecosystem to remain competitive.

How Fintech Companies Can Increase Financial Inclusion in Emerging Markets

Tired? Burned Out? You Might Just Be Bored

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疲れている？燃え尽きている？退屈しているだけかも

Pavargote? Perdegė? Jums gali būti tiesiog nuobodu

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