The FinTech industry is transforming the financial services landscape. Operators in this field consist of a range of enterprises that leverage technology to deliver bold new services to consumers and businesses.
The impact of the FinTech industry on the financial industry can’t be overemphasized.
In 2015, investment in FinTech surpassed $19 billion. At that time, United States stakeholders were the largest investors in the industry, staking $13.8 billion in the field. Today, there are between 1,500 to 2,000 significant players in this expanding global industry. Read on to find out how FinTech is expected to continue its take over of the finance industry over the next several years.
The big picture.