Fintech Market Size, Share, Industry, Forecast, and Outlook (2024-2031)


Posted September 19, 2024 by anithayadav

Global Fintech Market is expected to grow with a CAGR of 20.3%% during the forecast period 2024-2031.

 
Overview

Global Fintech Market is expected to grow with a CAGR of 20.3%% during the forecast period 2024-2031.
The market is experiencing a surge in demand from Europe, and competitive rivalry is increasing as major players like PayPal Holdings, Inc., Ant Group Co., Ltd., and others actively engage in the sector.

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Market Growth Trends
Key factors driving the growth of the FinTech market include the rising demand for digital financing among customers and the rapid advancement of innovative technologies. FinTech's ability to provide convenient services and enhance transparency in financial transactions has become a major driver of market expansion, contributing significantly to its growth.

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Market is segmented
By Technology: Data Analytics, Artificial intelligence, Cybersecurity, Robotic process automation, Biometric, and Identity Management, Blockchain, and Others
By Service: Payments, Fund Transfer, Personal Finance, Personal Loans, Insurance, Wealth Management
By Application: Trading, Banking, Insurance, Taxation, Others
by Region: North America, Latin America, Europe, Asia Pacific, Middle East, and Africa

Market Key Players
• PayPal Holdings, Inc.
• Ant Financial Services Group
• Tencent Holdings Ltd.
• Square, Inc.
• Envestnet, Inc.
• Stripe
• Coinbase Inc.
• Robinhood Markets Inc.
• Ripple Labs Inc.
• Social Finance Inc.
• Credit Karma Inc.

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Categories Health , Human Resources , Medical
Tags fintech , fintech market , fintech market report
Last Updated September 19, 2024