Triggers and Obstacles to the Development of the FinTech Sector in Poland
The article aims to show the opportunities for the formation of new FinTech startups in Poland and further development of the sector, as well as to identify the most critical threats. The study offers the descriptive and deductive analysis based on the literature review. The empirical part relies on...
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Format: | Article |
Language: | English |
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MDPI AG
2021-02-01
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Series: | Risks |
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Online Access: | https://www.mdpi.com/2227-9091/9/2/30 |
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author | Agata Kliber Barbara Będowska-Sójka Aleksandra Rutkowska Katarzyna Świerczyńska |
author_facet | Agata Kliber Barbara Będowska-Sójka Aleksandra Rutkowska Katarzyna Świerczyńska |
author_sort | Agata Kliber |
collection | DOAJ |
description | The article aims to show the opportunities for the formation of new FinTech startups in Poland and further development of the sector, as well as to identify the most critical threats. The study offers the descriptive and deductive analysis based on the literature review. The empirical part relies on the data from external databases as well as the dataset collected in a survey run among the FinTechs in Poland in January 2020. The paper reveals that Poland is a fast-growing FinTech market which satisfies various requirements such as the number of secure Internet servers, mobile telephone subscriptions, the available labor force, as well as growing tertiary education enrolment. The crucial obstacles to the development of the sector is the uncertainty about the availability of skilled workers in the future and the lack of proper legal regulations. |
first_indexed | 2024-03-09T06:16:14Z |
format | Article |
id | doaj.art-fe0697ff43cf4898ac30dead60ba07b3 |
institution | Directory Open Access Journal |
issn | 2227-9091 |
language | English |
last_indexed | 2024-03-09T06:16:14Z |
publishDate | 2021-02-01 |
publisher | MDPI AG |
record_format | Article |
series | Risks |
spelling | doaj.art-fe0697ff43cf4898ac30dead60ba07b32023-12-03T11:53:06ZengMDPI AGRisks2227-90912021-02-01923010.3390/risks9020030Triggers and Obstacles to the Development of the FinTech Sector in PolandAgata Kliber0Barbara Będowska-Sójka1Aleksandra Rutkowska2Katarzyna Świerczyńska3Department of Applied Mathematics, Poznań University of Economic and Business, al. Niepodległości 10, 61-875 Poznań, PolandDepartment of Econometrics, Poznań University of Economic and Business, al. Niepodległości 10, 61-875 Poznań, PolandDepartment of Applied Mathematic, Poznań University of Economic and Business, al. Niepodległości 10, 61-875 Poznań, PolandDepartment of Economic Journalism and Public Relations, Poznań University of Economic and Business, al. Niepodległości 10, 61-875 Poznań, PolandThe article aims to show the opportunities for the formation of new FinTech startups in Poland and further development of the sector, as well as to identify the most critical threats. The study offers the descriptive and deductive analysis based on the literature review. The empirical part relies on the data from external databases as well as the dataset collected in a survey run among the FinTechs in Poland in January 2020. The paper reveals that Poland is a fast-growing FinTech market which satisfies various requirements such as the number of secure Internet servers, mobile telephone subscriptions, the available labor force, as well as growing tertiary education enrolment. The crucial obstacles to the development of the sector is the uncertainty about the availability of skilled workers in the future and the lack of proper legal regulations.https://www.mdpi.com/2227-9091/9/2/30FinTechdevelopmenteconomic environment |
spellingShingle | Agata Kliber Barbara Będowska-Sójka Aleksandra Rutkowska Katarzyna Świerczyńska Triggers and Obstacles to the Development of the FinTech Sector in Poland Risks FinTech development economic environment |
title | Triggers and Obstacles to the Development of the FinTech Sector in Poland |
title_full | Triggers and Obstacles to the Development of the FinTech Sector in Poland |
title_fullStr | Triggers and Obstacles to the Development of the FinTech Sector in Poland |
title_full_unstemmed | Triggers and Obstacles to the Development of the FinTech Sector in Poland |
title_short | Triggers and Obstacles to the Development of the FinTech Sector in Poland |
title_sort | triggers and obstacles to the development of the fintech sector in poland |
topic | FinTech development economic environment |
url | https://www.mdpi.com/2227-9091/9/2/30 |
work_keys_str_mv | AT agatakliber triggersandobstaclestothedevelopmentofthefintechsectorinpoland AT barbarabedowskasojka triggersandobstaclestothedevelopmentofthefintechsectorinpoland AT aleksandrarutkowska triggersandobstaclestothedevelopmentofthefintechsectorinpoland AT katarzynaswierczynska triggersandobstaclestothedevelopmentofthefintechsectorinpoland |