5 Most Profitable Online Businesses In The World

3. FinTech Services

Net Margin: 26.32%

FinTech is a growing industry with a lot of business opportunities in 2023. The industry combines financial and information technology services and various startups in the sector have boomed in recent years. 

Two examples are Chime and Tala. With no minimum deposit and no credit history requirements, Chime provides a credit card based on collateral. Chime is a desirable banking choice for the less fortunate as well because it is free of annual interest rate charges and expenses. Tala, on the other hand, is helping underprivileged populations quickly get cheap loans based on their credit scores. 

Tala’s smartphone application gathers permissible user data like text, browsing activity, merchant transactions and other behavioral information to create the user’s credit-risk profile with machine learning algorithms.