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Assignment 2 - FIN8260 Version 2.0

The assignment requires groups to propose a new FinTech innovation and develop a commercial launch plan, emphasizing creativity and original ideas. Students must investigate market needs, competition, and regulatory challenges, presenting their findings in a report or investor deck. Strict submission rules are enforced, with penalties for missed deliverables and incorrect submissions.

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Prathil Bhavsar
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9 views3 pages

Assignment 2 - FIN8260 Version 2.0

The assignment requires groups to propose a new FinTech innovation and develop a commercial launch plan, emphasizing creativity and original ideas. Students must investigate market needs, competition, and regulatory challenges, presenting their findings in a report or investor deck. Strict submission rules are enforced, with penalties for missed deliverables and incorrect submissions.

Uploaded by

Prathil Bhavsar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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FIN8260-FinTech

Assignment 2 – Report
Rules:
1) You will be working with a group.
2) There need only be one (1) submission per group.
3) Do not copy and paste any materials from online sources or straight from textbooks.
4) Any materials that you wish to use that are not your own must be cited and recorded in
a bibliography. This includes any Instructor supplied resources.
5) This lab is all about creative freedoms and the removal of restrictions so feel free to take
chances and demonstrate what you are capable of!
Objective
This report is meant to understand how a company will apply the theoretical knowledge and understand the
customer thought-processes that drive today’s online community.
The adoption of technology in the banking and finance industry has changed the landscape by 180 degrees. Fintech, aka
the amalgamation of finance and technology, has not solely added convenience to the ecosystem, but has also made it
more secure, quick, and profitable. It has offered a new set of opportunities, cater to the needs of the unprivileged
audience, and even bring a significant effect on other businesses. With all such benefits and opportunities, the global
fintech market is predicted to grow exponentially and be of worth $ 309.98 Bn by 2022.

This has not just given an indication that the financial global economy is heading towards fintech, but has also attracted
various Entrepreneurs and traditional investors to become a part of this space. Assuming that you are also an
Entrepreneur who also wants to be a part of this mushrooming market. Below are 12 fields to develop a business.

12 Profitable Fintech Development Fields For Starting A Business

Investigate one of the fields, your group will propose a new FinTech innovation based on one of these fields and develop
a plan for its commercial launch. Assume you want to “pitch” investors regarding your idea. Innovations can be wholly
novel products/services not yet available in the market or ventures positioned to compete with existing players. In
either case, you will be graded upon the rationale and justification behind your innovation and your strategy to bring it
to market. Projects will require you to examine market need and demand, competitive landscape, regulatory and legal
hurdles, market positioning, etc. This can be presented as a Business Plan (Word) or as an ‘Investor Deck’ (PowerPoint)
as best suits your group.

This Project will have your group submit


1. REPORT: 20% of final grade – Produce a plan focused on helping to educate your investors.
Evaluation Policies
Your evaluation will be held to the following rules and constraints. These rules are firm and are irrefutable.

• Failure to submit this completed deliverable will result in a grade of zero (0) on this deliverable.
o There will be no opportunity provided to make up for this missed deliverable.
o In the instance that the failure to submit this work results in a grade of zero (0) that ultimately causes an
overall course grade to drop below fifty-five (55) then there will be no opportunity to perform any work,
tests, activities or tasks to raise your grade above the failing mark.
• It is the student’s responsibility to ensure that their work has been submitted through eConestoga, on-time, to
the correct course and in the correct folder.
o If you submit your work to the incorrect folder then you may not receive any grade for your work. This
will be completely up to the discretion of your Instructor.
o If you, the student, submit your file to the wrong folder or course on eConestoga then you must simply
resubmit to the correct folder.
• To pass this course you are required to submit every single deliverable.
o If you have failed to submit any work by the end of the course your Instructor reserves the right to assign
a final course grade of incomplete (I) for your performance to indicate that you have not successfully
completed the requirements for this course.

Evaluation/Rubric
Your Word or PowerPoint Report once submitted through eConestoga, will be evaluated based on the following criteria.

• 20 points for a clear plan for your innovation.


• 3 points for the clarity and accuracy.
• 2 points for engaged team groupwork sessions.

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