Fintech in the Nepal Stock Exchange (NEPSE)

In today's world, technology plays a crucial role as it affects and influences how we interact on a daily basis. We live in an era where technological advancements are inevitable. Individuals' communication, learning, and thinking are all impacted by technology. Likewise, technological advancements have impacted each and every industry. Even in the financial sector, it has had an impact. Technology is applied to enhance business processes and financial service delivery.

The term "fintech" refers to financial technology. Fintech has made its way into the basic functioning of banks and financial institutions in a variety of ways. Fintech is a financial sector revolution aimed at disrupting traditional financial working practices by automating and enhancing the delivery of financial services. From bank backend software to customer digital wallets, fintech is used in a number of ways. It's a whole industry dedicated to integrating financial services and technology in a way that makes today's business transactions easier.

Fintech, being a combination of financial services and technology, also has a long-standing tie with the current stock market (NEPSE). The usage of fintech has transformed the dynamics of investing. Many investors may now use their cellphones and laptops to buy and sell various financial instruments. A variety of trade executions can be completed using digital technology. With the development of technology in each and every sector, the Nepalese securities Market i.e., NEPSE is also adopting different strategies and bringing changes to modernize the structure of the securities market. Recently, we've seen that the Nepalese stock exchange NEPSE is attracting a lot of attention from the public, and that people are becoming more involved in securities trading than in previous years. The introduction of ASBA, C-ASBA, and Mero shares in the primary and secondary market, as well as the adoption of an online trading system, have made Nepalese securities markets more appealing, tech-friendly, and investment-friendly, resulting in an increase in the number of investors in the share market.

Traditionally, to purchase and sell shares, investors used to have to fill out documents and wait in a long queue. With the entrance of Fintech into the NEPSE, the investment procedures have been simplified. Investors no longer have to go through any lengthy procedures when investing a particular amount. They are not required to fill out lengthy buying or sale forms. Buyers can instead buy the stock they want right away. In addition, apps like Mero shares and TMS keep investors informed and up to current from any location. The apps provide real-time updates.

Along with that, technology is making the data analytics of securities and stocks more accessible than it has ever been before as there are a number of specific tools these days that bring comprehensive financial and market analysis to our desks. We can not only evaluate the overall stock market with this, but we can also get reliable information about the stock as the whole stock market. 

Fintech is posing unprecedented challenges to traditional finance through waves of new and creative ideas, such as disrupting necessary banking activities, foreign money transfers, corporate and personal loans, and private investment, all of which have a significant impact on the global financial system. Fintech is revolutionizing finance, much like the internet revolutionizing media and other industries.