Fintech Market Size, Product Launch, Major Companies, Revenue Analysis, Till 2028
Rising Internet in various processes, and implementation of Artificial Intelligence and blockchain technologies are some key factors driving market revenue growth Market Size – USD 100.09 Billion in 2020, Market Growth – at a CAGR of 8.5%, Market Trends – Increasing adoption of smartphones and banking apps The global Fintech Market size is expected to reach USD 190.80 Billion in 2028 and register a CAGR of 8.5% over the forecast period, according to the latest report by Reports and Data. Major factors driving market revenue growth are rising demand for smartphones and banking apps, increasing investment by private investors in fintech companies, rapid Internet penetration, implementation of Artificial Intelligence (AI) and blockchain technologies across various operations and processes, and increasing disposable income. Fintech or financial technology is a combination of financial solutions and advanced technologies. Fintech is based on advanced technologies and s...