LONDON, April 11, 2016 /PRNewswire/ — FinTech is a service based on financial applications. Over the years, the purview of FinTech has extended to include new and innovative front-end consumer products. Many FinTech start-up companies provide convenient solutions that are operable through hand-held portable devices directly to the customer through licensing, or white label them to existing financial service providers.
Technavio’s analysts forecast the global FinTech investment market to grow at a CAGR of 54.83% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global FinTech investment market for 2016-2020. To calculate the market size, the report considers the total investments from the FinTech market reported from EMEA, APAC, and the Americas. The report also presents the vendor landscape and a corresponding detailed analysis of the top four vendors operating in the market.
The market is divided into the following segments based on technology:
– P2P lending
– Online acquiring and mobile wallets
– Personal finance management or private financial planning
– MSME services
– MPOS
– MobileFirst banking
– Bitcoin – Crowdfunding – othersTechnavio’s report, Global FinTech Investment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Key vendors – Oscar – Qufenqi – Wealthfront – ZhongAn Other prominent vendors – Atom Bank – Avant – Funding Circle – Klarna – Kreditech Market driver – Big data and artificial intelligence – For a full, detailed list, view our report Market challenge – Privacy and security concerns – For a full, detailed list, view our report Market trend […]
