2020 was a prolific year for Singapore’s FinTech start-ups as FinTech investment reached US$346 million, representing 6.2% of all that was raised in Asia. Singapore holds immense potential for FinTech to thrive backed up by its solid technology and innovation roots, sophisticated and educated citizens, strong financial background, unparalleled infrastructure […]
Fintech
China is one of the evolving landscapes for fintech as there are around 3.4 billion third party payments account in the country. The total loan balance online grew at a rate of 36 times within three years and total third party payment value grew 74 times in the same period. […]
As of 2018, US accounts almost 57% of the global fintech market followed by Asia and Europe at 31% and 10% respectively. However, the adoption of fintech is limited at 46% in the country. The rise of digital only banks and mobile payments has led to increase in penetration of […]
The rapid growth of FinTech in recent years in the UK has sparked change across the financial sector. As fintech continues to challenge the traditional players in the industry, they also provide opportunities to collaborate. Within the UK, technology-led business models are evolving everywhere and creating new value propositions for […]
The payment industry in itself keeps on evolving with the ever-changing consumer sentiments and the needs of the businesses. Innovations in this space is thus a continuous process, while the adoption of each of new development takes its own pace to penetrate, here are such trends which are changing the […]
The projected value of the total transactions in Fintech market of Indonesia was $ 22,338 million in 2018. As of 2018, total of 162 fintech companies are under operation in Indonesia. Definition / Scope Market Overview Top Market Opportunities Market Drivers Market Restraints Technology Trends Regulatory Trends Other Key Market […]
72% of Indian consumers are using digital technology to make payments and transfer cash. Government policies have led financial inclusion to grow up to 78% in 2017. Currently, FinTech software market in India reaches $ 1.2 billion and is estimated to touch double at a CAGR of 22% by 2020. […]