Investment in financial technology groups triples to $12bn in year

By March 25, 2015Bitcoin Business

Investment in financial technology companies trebled last year, providing a hint of the scale of digital disruption banks face, according to research from Accenture.

The total amount invested in the global fintech sector rose from just over $4bn in 2013 to more than $12bn last year, as record amounts were poured into companies developing technologies that promise to turn the financial sector on its head.

The rate of expansion far outstripped the 63 per cent growth […]

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