This global market research report provides a comprehensive analysis of the global FinTech investment market by technology (crowdfunding, online acquiring and mobile wallets, P2P lending, MPOS, MSME services, personal finance management or private financial planning, MobileFirst banking, MobileFirst banking and others) and key regions such as the Americas, APAC, and EMEA. The prominent vendors analyzed in this report are ZhongAn, Oscar, Wealthfront and Qufengi.global FinTech investment market
Technavio’s market research analysts estimate the global FinTech investment market, to generate revenies of $211 billion between 2016 and 2020. FinTech ventures provide start-ups with fund as well as equity capital at an early stage so that the business can grow. The FinTech start-ups use the latest technologies, which are not offered by the traditional banks, and this minimizes the processing time and make the whole process transparent. The FinTech business platforms are expected to replace the existing traditional systems followed by major financial institutes in the coming years. The Americas lead the global FinTech market, accounting for 80% of the total market share. Much of this region’s growth comes from the FinTech start-ups in the region, which use the latest FinTech technologies.
The new market research report from Technavio provides a breakdown and analysis of the FinTech investment segments by technology.
“Of late, the FinTech start-up firms are gaining an upper hand over traditional banking systems and other firms in the financial system. Their customers are opting for tech-enabled payments, currency exchanges, crowdfunding, online lending, and wealth management services. Major banks are helping to incubate, invest in, or partner with FinTech companies, which indicates that financial institutions are embracing digital innovation in a bid to strengthen their brand values. Several FinTech startups in New York, Silicon Valley, London, Australia have noted considerable business progress,” says Bharath Kanniappan, Lead Analyst, Industrial Automation, Technavio Research
Peer-to-peer (P2P) lending is among the most used models by borrowers, and it includes entities like borrowers, P2P lending platforms, and investors in the market, and offers clear visibility in terms of the level of risk attached to the investments. The investments made by FinTech start-ups for P2P lending is expected to reach $75 billion by 2020, growing at a CAGR of 63%.
Market share of FinTech for technology 2020
Source: Technavio, 2016
The key vendors in the global FinTech investment market are ZhongAn, Oscar, Wealthfront and Qufengi. Intense competition prevails in this market among various FinTech startups and digital banking as both are trying to move toward a hybrid business model. The number of new entrants in this market is very high as the new players are coming up with innovative FinTech business models.
A more detailed analysis is available in the Technavio report, Global FinTech Investment Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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