About FinTech Investment
Fintech is the shortened version of the phrase Financial Technology, which is now used to describe businesses that offer financial services using software and modern technology. Some fintech developments have improved traditional services, for example mobile banking apps, while other have revolutionised services such as pay per mile car insurance or created new. Fintech has been one of the fastest growing sectors, with investment growing, new start-ups and investors putting money into incubators and accelerators for innovative small fintech companies. New innovations have challenged the traditional way of doing things in financial services, including peer-to-peer lending means there is now an alternative to borrowing from the bank and mobile-only stock trading apps charging no fees.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global FinTech Investment market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ZhongAn (China), Wealthfront (United States), Funding Circle (United Kingdom), Kreditech (Germany), Avant (United States), Atom Bank (United Kingdom), Klarna (Sweden), OurCrowd (Israel), Wecash (China), H2 Ventures (Australia) and KPMG (Netherlands) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global FinTech Investment market by Type (P2P lending, Online acquiring and mobile wallets, Personal finance management or private financial planning, MSME services, MPOS, MobileFirst banking, Bitcoin, Crowdfunding and Others), Application (Large Enterprises and SMEs) and Region.
On the basis of geography, the market of FinTech Investment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Industry, the sub-segment i.e. Banking & Capital Markets will boost the FinTech Investment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Popularity of Blockchain
Market Growth Drivers:
Increased Adoption of Mobile & Digital Channels, Reduced Asymmetry of Information between Small & Large Financial Institutions and Investors and Big Data and Artificial Intelligence Further Propelling the Growth
Challenges:
The evolving regulatory landscape can pose challenges for FinTech companies, requiring them to adapt and comply with changing rules.
Restraints:
Privacy and security concerns May Hamper the Growth of the Market
Opportunities:
The Rising Rapid Demand from the Developing Countries Such as India
Market Leaders and their expansionary development strategies
May 2022 : Mastercard announced cooperation with Synctera, a renowned FinTech banking service. The firms collaborated to supply account validation solutions for Synctera-powered FinTechs using Mastercard's open banking platform. and March 2022 : Envestnet has partnered up with Productfy, a developer of a business-to-business FinTech platform. With this collaboration, FinTech creators using Productfy's platform would have direct access to Envestnet via a single interfac.
On 2 March 2018, ORIX Corporation announced a USD 60 million investment in Wecash ("Wecash") through ORIX Asia Capital Limited, the wholly owned investment arm of ORIX in the Greater China region. Representing China’s new generation of entrepreneurs in fintech sector, Wecash pioneers the online credit data analysis industry in China providing cutting-edge Big Data-based personal credit analysis services.
Key Target Audience
Fintech Companies, End-Use Market Participants of Different Segments of Venture Capital Investment, Research and Consulting Firms, Government and Research Organizations, R&D Institutions and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.