Banks need to be aware of the evolution that is happening. The Fintech companies like the ones listed above have moved into the banking sector and while some companies can assist the banking industry, others have the potential to infiltrate the banking market. Fintech offers an assortment of different financial services. Many of these services were previously provided to customers exclusively through banks. Personal finance, lending, and investment apps are starting to emerge as contenders. All of these apps give customers alternative options to products that large or small financial institutions offer. Please see below for a list of example companies.