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Strategic and Tactical Problems in Fintech and E-business Companies

Author

Listed:
  • Pavel Petrov

    (University of Economics - Varna)

  • Nikolay Valov

    (University of Ruse "A. Kanchev")

Abstract

The activities of fintech companies depend entirely on information technologies. In the case of a startup company, there are several stages of acquiring and using of information technologies for the needs of the business. In relatively small fintech companies, intuitive decision-making by managers regarding information technologies is in most cases enough for normal functioning of the business. But in relatively large fintech companies with complex organizational structures, it is very likely to emerge the so called "bottlenecks" - in them, the execution of some processes is delayed due to insufficient processing and handling capacity. This publication discusses some problems in fintech and e-business companies concerning the strategic and tactical management levels.

Suggested Citation

  • Pavel Petrov & Nikolay Valov, 2019. "Strategic and Tactical Problems in Fintech and E-business Companies," Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, Union of Scientists - Varna, Economic Sciences Section, vol. 8(3), pages 55-61, December.
    • Handle: RePEc:vra:journl:v:8:y:2019:i:3:p:55-61
    DOI: 10.36997/IJUSV-ESS/2019.8.3.55
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    Cited by:

    1. Pavel Petrov & Svetoslav Ivanov & Volodymyr Petrivskyi, 2020. "An Approach for Creating Business Model for Using Virtual Tools in Startup Companies," Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, Union of Scientists - Varna, Economic Sciences Section, vol. 9(3), pages 19-26, December.

    More about this item

    Keywords

    fintech companies; e-business companies; strategy; information system; information technologies.;
    All these keywords.

    JEL classification:

    • G20 - Financial Economics - - Financial Institutions and Services - - - General

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