Welcome to the Smart Startup English Podcast!
Our goal is to help startup professionals take their English from intermediate to advanced in just 10 minutes a day. In each episode, we’ll talk about a topic related to the startup world, and we’ll learn some vocabulary that you can use to sound more natural in your day-to-day business interactions in English.
In this episode, we’re teaching a few Business English terms you need to know if you want to work for a fintech startup.
But first, let me ask you this:
How do you pay for what you usually buy on any given week? Do you use cash? Do you use a debit card? Or do you pay online?
If you’re buying things online, you might be doing business with a fintech startup.
Fintech stands for financial technology. It’s a term that refers to a new way of managing money, one that no longer involves doing all of your transactions through a bank. Fintech startups can operate in different areas of finance, such as payments, investing, money transfer or lending.
In this lesson, we’ll teach you 10 Business English terms you need to know if you want to work for a financial technology startup.
A few words we’ll talk about are:
- underbanked
- peer-to-peer lending
- identity proofing
Here’s the episode audio.
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If you want to keep practicing the words you’ve learned in this lesson, sign up to get access to a free worksheet based on this episode. Doing the exercises in the worksheet will help you transfer the knowledge from your short term memory to your long term memory.
In this episode, we’ve mentioned that about eight million people in the United Kingdom are unbanked or underbanked. You can find out more about the effects of a cashless economy from this article on The Conversation.
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Image credits: Blake Wisz via Unsplash
