The Financial Industry.
It covers a range of companies such as mortgage lenders, banks, insurance companies, credit card companies, accounting firms, mutual funds and private equity funds.
The financial services include i.a. financing of payments and trades, storage of valuables, issuance of money, bonds and other securities as well as activities that in various ways include deposits, lending, insurance, protection against risks, m.m.
Financial activity and service and thus financial service companies arise when a society develops a money society and associates opportunities for credit and lending activities, which are also called financial transactions.
It is an industry that has a huge upside potential, but also comes with a great risk. Money is something that we all have and everyone are interested in using them right and have enough. The industry is dominated by a few huge players in each country, and for does who dominate the majority of the market. The potential reward is really low, but a quit stable reward that often follows the market. If you want bigger growth in this market, you shall invest in young companies, that comes with a new way of doing things. That potentially could take over some of the market shares from the biggest companies.
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