P2P lending is particularly beneficial to emerging-market participants who have no way of getting loans from financial institutions due to a lack of financial history and credit record for each individual.
With the rise and rise of fintech, financial inclusion seeks to promote the betterment of the world's population through the use of financial services and tools available in an increasingly digital-based economy.
In fact, they both involve the performance of similar functions: to do financial analysis of the company. Investment professionals, exploring the indicators make predictions about changes in the market and findings concerning investments in a particular company.
In contrast, the task of the financial analyst is to analyze financial performance, on the basis of which he/she makes conclusions concerning the performance of the company and prepares reports to stakeholders, as described in Financial Analyst.
In the course of the work of the Financial Analyst, he/she prepares analytical reports and recommendations, on the ground of which business owners make a decision to invest.
The major employers of the financial analyst are banks, financial departments of companies manufacturing sector, insurance companies, investment funds, and brokerage firms.Examples of fintech developments that have increasingly been embraced by financial users include crowdfunding, robo-advisers, digital payments, peer-to-peer (P2P) or social lending, and insurance telematics.While these innovative services have disrupted the financial world by including more participants in the money sector, there is still an untapped portion of the world population that remain unbanked or underbanked.To begin a career of a financial analyst, one can take the position of the analyst or assistant analyst.Responsibilities of the analyst or assistant analyst will be to work with mathematical models (at the initial stage of introduction and data processing), the collection of information on the particular market, or to perform other simple orders of the senior staff.Financial inclusion is the pursuit of making financial services accessible at affordable costs to all individuals and businesses, regardless of net worth and size, respectively.Financial inclusion strives to address and proffer solutions to the constraints that exclude people from participating in the financial sector. The financial sector is continually coming up with new and seamless ways to provide services to the global population.The analyst must conduct a qualitative analysis of the situation on the financial market.However, as the finance is a very broad field to study and analyze, each financial analyst has to be able to evaluate a particular section of either the stock market, or the financial performance of the company, or a particular sector of the economy, or to analyze the economy.The increase in the use of technology in the financial industry (fintech) seems to have filled the void of inaccessibility to financial services.The advent of fintech has created a way for all entities to have access to all financial tools and services at reasonable costs.