Global Fintech Investment Market is valued USD 39.60 billion in 2017 is anticipated to grow USD 152.94 billion with the compounded annual growth of 18.40 % over the forecast period 2018-2025.
New York 17 Aug 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Fintech Investment Market industry is poised to raise USD 152.94 billion by 2025. Fintech is a brunch of financial technology. Which helps in understanding the financial technology and financial market of 21st Century. It replaces the Traditional Financial payment Practice and Method of Dealing. Many banks are helping to incubate or invest in fintech Companies also The Growing Popularity of Block Chain is expected to increase the growth of the market now many banks are using the technology to execute different tasks or to verify documents residing within the Banking System Blockchain Technology helps in complete day to day transaction at low cost with minimal Decentralization.
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Global Fintech Investment Market Size study, by Application (P2P Lending, Online Acquiring and Mobile Wallets, Personal Finance Management or Private Financial Planning, MSME Services, MPOS, Mobile First Banking, Bitcoin, Crowd Funding, Others) and by Regional Forecasts 2018-2025
The industry is seeming to be fairly competitive. Some of the leading market players Zhong An (China), Oscar, Wealth front, Quefangi, Funding Circle, Kreditech, Avant., Atom Bank, Klarna, Our Crowd and so on. The fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Key findings of the study:
- North America dominates the global revenue with more than 38% of the revenue share in 2017,
- Growing popularity of block chain technology is anticipated to open various opportunities in coming years.
Bizwit Research & Consulting LLP has considered following segments for the study:
- P2P Lending
- Online Acquiring and Mobile Wallets
- Personal Finance Management or Private Financial Planning
- MSME Services
- Mobile First Banking
- Crowd Funding
- North America
- Asia Pacific
- Latin America
- Rest of the World