Fintech Technologies Market Size, Trends and Insights By Application (Payment & Fund Transfer, Loans, Insurance & Personal Finance, Wealth Management, Others), By Technology (Application Programming Interface (API), Artificial Intelligence (AI), Blockchain, Robotic Process Automation, Data Analytics, Others), By End User (Banking, Insurance, Securities, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032


Report Code: CMI24493

Published Date: July 2023

Pages: 220+

Category: Technology

Report Snapshot

CAGR: 18.5%
215.3B
2022
268.9B
2023
751.5B
2032

Source: CMI

Study Period: 2023-2032
Fastest Growing Market: Asia-Pacific
Largest Market: Europe

Major Players

  • PayPal Holdings Inc.
  • Square Inc.
  • Ant Group Co. Ltd.
  • Stripe Inc.
  • Adyen N.V.
  • Others

Exclusive, in-depth market intelligence can help you increase your Revenue.

Download Sample Pdf

Reports Description

As per the current market research conducted by CMI Team, the global Fintech Technologies Market is expected to record a CAGR of 18.5% from 2023 to 2032. In 2022, the market size is projected to reach a valuation of USD 215.3 billion. By 2032, the valuation is anticipated to reach USD 751.5 billion.

Top 10 Companies of the Fintech Technologies Market

Company Headquarters Market Cap (USD)
Mastercard Purchase, New York 332.7 billion
Visa San Francisco, California 503.5 billion
PayPal San Jose, California 191.5 billion
Amazon Seattle, Washington 1.7 trillion
Ant Financial Hangzhou, China 292 billion
Tencent Shenzhen, China 589.7 billion
Square San Francisco, California 106.6 billion
Stripe San Francisco, California 95 billion
Robinhood Menlo Park, California 11.7 billion

Source: CMI Market Research Team Analysis (Approx)

Top 10 Dominating Countries and Companies of the Fintech Technologies Market

Country Dominating Companies
United States Mastercard, Visa, PayPal, Amazon, Ant Financial, Tencent, Square, Stripe, Robinhood
China Ant Financial, Tencent, Alibaba, Ping An, JD Finance, Lufax, 58 Finance, CreditEase, Xiaomi Finance
United Kingdom Revolut, Monzo, Starling Bank, Atom Bank, OakNorth, Funding Circle, Zopa, Nutmeg, Wealthify
India Paytm, PhonePe, Amazon Pay, MobiKwik, Freecharge, Razorpay, Instamojo, BharatPe, CRED
Singapore Grab, Singtel, DBS, Standard Chartered, United Overseas Bank, PayPal, Stripe, Sea Limited, Razer
Canada Wealthsimple, Tangerine, KOHO, EQ Bank, Borrowell, Mogo, WealthBar, Nest Wealth, Say Financial
Australia Afterpay, Zip, ANZ, CommBank, NAB, Westpac, Macquarie, Bendigo Bank, Suncorp
South Korea KakaoPay, Toss, Naver Pay, NHN Payco, Lotte Card, Shinhan Card, KB Kookmin Card, Samsung Pay, BC Card
Japan Rakuten Pay, PayPay, Line Pay, Merpay, Origami Pay, JCB, MUFG Wallet, Sumitomo Mitsui Card, Seven Bank

Source: CMI Market Research Team Analysis (Approx)

The fintech technologies market encompasses companies and solutions that use technology to offer modern financial services. Its nature involves the merging of finance and technology, combining traditional financial activities with advanced digital tools.

The rise of mobile payments, the usage of blockchain and cryptocurrencies, the development of open banking, the incorporation of artificial intelligence and machine learning, and the emergence of personalised and automated financial services are all prominent industry trends. These themes attempt to improve the financial sector’s efficiency, accessibility, and client experience.

Fintech Technologies Market – Significant Growth Factors

The Fintech Technologies Market presents significant growth opportunities due to several factors:

  • Digital Transformation Catalyst: The fintech technologies market is propelled by the rapid digitization of financial services. As traditional institutions embrace technology, there is a growing demand for innovative solutions that optimize processes, enhance customer experience, and bolster security.
  • Surge in Mobile Payments: The widespread embrace of smartphones and mobile connectivity has sparked a surge in demand for mobile payment solutions. Fintech firms are capitalizing on this opportunity by offering seamless, secure, and user-friendly mobile payment options, catering to the increasingly tech-savvy preferences of customers.
  • Revolution in Open Banking: Open banking initiatives and regulatory changes have paved the way for enhanced collaboration and data sharing between banks and fintech companies. This has created fertile ground for fintech firms to develop novel applications and services that harness customer financial data, enabling personalized experiences, improved financial management, and expanded access to financial products.
  • Embracing AI and ML: Fintech technologies are enthusiastically embracing the potential of artificial intelligence (AI) and machine learning (ML) to automate processes, analyze vast quantities of data, and deliver personalized financial advice. These technologies empower efficient risk assessment, fraud detection, algorithmic trading, and intelligent chatbots, thereby boosting operational efficiency and driving market growth.
  • Expansion of Blockchain and Cryptocurrencies: The adoption of blockchain technology and the growing popularity of cryptocurrencies have unlocked fresh avenues for fintech innovation. Blockchain offers secure, transparent, and decentralized transactions, while cryptocurrencies provide alternative means of value exchange. Fintech firms are actively exploring these technologies to create efficient payment systems, decentralized finance (DeFi) platforms, and solutions for digital asset management.

Fintech Technologies Market – Mergers and Acquisitions

The Fintech Technologies Market has seen several mergers and acquisitions in recent years, with companies seeking to expand their market presence and leverage synergies to improve their product offerings and profitability. Some notable examples of mergers and acquisitions in the Fintech Technologies Market include:

  • PayPal and Visa: In July 2019, PayPal and Visa joined forces to enhance digital payment experiences. This collaboration aimed to expand the acceptance of PayPal and Venmo at Visa’s global network of merchants, making transactions seamless for customers using their Visa cards.
  • Stripe and Salesforce: In September 2020, Stripe partnered with Salesforce, a cloud-based CRM company. This collaboration integrated Stripe’s payment capabilities into Salesforce’s Commerce Cloud, allowing businesses to accept and manage payments effortlessly within the CRM platform.
  • Ant Group and Standard Chartered Bank: In October 2020, Ant Group partnered with Standard Chartered Bank to explore innovative financial solutions and expand digital banking services across Asia, Africa, and the Middle East.
  • Visa and Plaid: In January 2020, Visa acquired Plaid, a fintech company connecting consumers’ bank accounts with financial apps. This acquisition strengthened Visa’s open banking capabilities, providing more secure and convenient access to financial data.
  • Intuit and Credit Karma: In February 2020, Intuit acquired Credit Karma, a popular personal finance platform. This acquisition combined Intuit’s financial tools with Credit Karma’s credit monitoring and personal finance services, offering users a comprehensive range of financial solutions.
  • Square and Afterpay: In August 2021, Square acquired Afterpay, an Australian buy-now-pay-later (BNPL) company. This acquisition bolstered Square’s presence in the BNPL market, enabling merchants to offer installment payment options and providing consumers with flexible and convenient payment choices.

These mergers and acquisitions have helped companies expand their product offerings, improve their market presence, and capitalize on growth opportunities in the Fintech Technologies Market. The trend is expected to continue as companies seek to gain a competitive edge in the market.

COMPARATIVE ANALYSIS OF THE RELATED MARKET

Fintech Technologies Market Fintech Market RegTech Market
CAGR 18.5% (Approx) CAGR 18.9% (Approx) CAGR 15% (Approx)
USD 751.5 Billion by 2032 USD 501.9 Billion by 2032 USD 44 Billion by 2030

Fintech Technologies Market – Significant Threats

The Fintech Technologies Market faces several significant threats that could impact its growth and profitability in the future. Some of these threats include:

  • Cybersecurity Risks: As fintech technologies handle sensitive financial data, the market faces the constant threat of cyberattacks, data breaches, and unauthorized access. The increasing sophistication of cyber threats poses a significant risk to the security and privacy of customer information, requiring robust cybersecurity measures and constant vigilance.
  • Regulatory Challenges: The rapidly evolving fintech landscape often outpaces existing regulations, leading to regulatory uncertainties and compliance challenges. Fintech companies must navigate complex and varying regulatory frameworks across different jurisdictions, potentially impacting their operations, product development, and expansion plans.
  • Customer Trust and Adoption: Building and maintaining customer trust is vital for fintech companies. Any significant breach or mishandling of customer data, inadequate customer support, or poor user experience can undermine trust and hinder adoption. Ensuring robust data protection, transparent practices, and excellent customer service is crucial to mitigate this threat.
  • Market Consolidation: The fintech market is highly competitive, with numerous players vying for market share. The risk of market consolidation arises as larger financial institutions acquire or partner with fintech startups, potentially reducing competition and limiting opportunities for smaller players.

Report Scope

Feature of the Report Details
Market Size in 2023 USD 268.9 Billion
Projected Market Size in 2032 USD 751.5 Billion
Market Size in 2022 USD 215.3 Billion
CAGR Growth Rate 18.5% CAGR
Base Year 2022
Forecast Period 2023-2032
Key Segment By Application, Technology, End User and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

Category-Wise Insights

By Application:

  • Payment & Fund Transfer: Fintech technologies in payment and fund transfer enable seamless, secure, and convenient transactions, transforming the way individuals and businesses transfer money globally. The market is witnessing trends such as mobile payment surge, contactless payments, and the adoption of blockchain for faster and more efficient transactions.
  • Loans: Fintech solutions in the loans sector leverage technology to streamline loan application, approval, and disbursement processes. These technologies offer personalized lending options, automated underwriting, and alternative credit assessment methods, catering to underserved populations and enabling quicker access to loans.
  • Insurance: Fintech innovations in insurance and personal finance enhance accessibility, affordability, and customization of insurance products. Insurtech solutions leverage data analytics, AI, and digital platforms to provide personalized policies, automate claims processes, and offer real-time financial advice, transforming the insurance and personal finance landscape.
  • Wealth Management: Fintech technologies in wealth management enable individuals to manage their investments and financial portfolios more efficiently. Robo-advisors, digital investment platforms, and AI-powered portfolio management tools are democratizing wealth management, providing personalized recommendations, automated investment strategies, and access to a wider range of investment options.
  • Others: Fintech technologies extend beyond traditional sectors, encompassing areas such as regulatory technology (RegTech), blockchain applications, peer-to-peer lending, crowdfunding platforms, and alternative financing models. These technologies are driving innovation, improving operational efficiency, and transforming various aspects of the financial industry.

Global Fintech Technologies Market 2023–2032 (By Billion)

www.custommarketinsight.com

By Technology:

  • Application Programming Interface (API): APIs enable seamless integration of financial systems, promoting data sharing and enhancing compatibility between platforms. Fintech market trends show increased API adoption, allowing for faster development of innovative applications and services, fostering collaboration, and improving customer experiences.
  • Artificial Intelligence (AI): AI is transforming the fintech industry by automating processes, enabling intelligent decision-making, and enhancing customer interactions. Market trends reveal growing AI usage in personalized financial advice, fraud detection, risk assessment, and chatbot-driven customer support, leading to improved efficiency, accuracy, and customer satisfaction.
  • Blockchain: Blockchain technology offers secure, transparent, and decentralized transactions, revolutionizing financial transactions. Fintech companies are leveraging blockchain to create efficient payment systems, streamline cross-border transactions, enable smart contracts, and develop decentralized finance (DeFi) applications, driving trust, efficiency, and innovation in the market.
  • Robotic Process Automation (RPA): RPA automates repetitive and rule-based tasks, reducing errors, improving efficiency, and cutting costs. Fintech firms are adopting RPA to streamline back-office operations, compliance processes, and customer onboarding, freeing up resources for higher-value tasks and enhancing overall productivity.
  • Data Analytics: Data analytics is important in fintech because it allows organizations to obtain insights, make data-driven decisions, and provide personalized services. Market trends show a rising emphasis on employing data analytics to analyse client behaviour, find patterns, identify fraud, and improve risk management, allowing fintech companies to provide customized and relevant financial solutions.
  • Others: Fintech advances include biometrics for increased security, cloud computing for scalable infrastructure, the Internet of Things (IoT) for connected devices, and RegTech for regulatory compliance. In the fintech sector, these technologies stimulate market development, enhance efficiency, and enable new business models and prospects.

By End User:

  • Banking: Fintech technologies in banking encompass digital payment solutions, online banking platforms, and lending services. Trends include the rise of neobanks, open banking initiatives, and AI-powered chatbots for customer service, enabling convenient banking experiences, personalized services, and enhanced efficiency.
  • Insurance: Fintech technologies in insurance focus on digital insurance platforms, automated underwriting, and claims processing. Trends include insurtech startups offering on-demand coverage, usage-based insurance models leveraging IoT data, and AI-driven analytics for risk assessment, enabling streamlined processes, personalized policies, and improved customer experiences.
  • Securities: Fintech technologies in securities involve online trading platforms, robo-advisors, and blockchain-based solutions for security token offerings (STOs). Trends include the adoption of algorithmic trading, tokenization of assets, and decentralized exchanges, offering greater accessibility, liquidity, and efficiency in securities transactions.
  • Others: Fintech technologies cater to various sectors such as payments, personal finance, and wealth management. Trends include the proliferation of mobile wallets, peer-to-peer lending platforms, and AI-driven financial planning tools, empowering individuals and businesses with convenient payment options, alternative lending sources, and personalized financial management capabilities.

Global Fintech Technologies Market 2023–2032 (By Application)

www.custommarketinsight.com

Fintech Technologies Market – Regional Analysis

The Fintech Technologies Market is segmented into various regions, including North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Here is a brief overview of each region:

  • North America: The Fintech Technologies Market in North America refers to the use of technology in financial services, such as digital payments, blockchain, and artificial intelligence (AI). Key trends in the region include the growing popularity of mobile payments, increased investments in fintech startups, and collaborations between traditional financial institutions and fintech companies. The dominant manufacturers in North America are PayPal, Square, and Stripe.
  • Europe: In Europe, the Fintech Technologies Market encompasses technological advancements in financial services, such as open banking, regtech, and Insurtech. Trends in the region include the rise of challenger banks, increased focus on regulatory compliance, and the emergence of innovative payment solutions. Dominating manufacturers in Europe include Revolut, Adyen, and TransferWise.
  • Asia-Pacific: The Fintech Technologies Market in the Asia-Pacific region encompasses a wide range of technologies, including mobile payments, digital wallets, and peer-to-peer lending. Notable trends in the region include the rapid expansion of mobile banking, the emergence of super apps, and the adoption of blockchain for cross-border transactions. The dominant manufacturers in Asia-Pacific include Ant Group (Alibaba), WeChat Pay, and Paytm.
  • LAMEA: In the LAMEA (Latin America, Middle East, and Africa) region, the Fintech Technologies Market focuses on applying technology in financial services to address specific regional needs. Trends include the expansion of mobile banking and digital wallets, improving access to financial services for the unbanked population, and the growth of Islamic fintech solutions. Dominant manufacturers in LAMEA include PagSeguro, PayU, and Fawry.

Global Fintech Technologies Market 2023–2032 (By End User)

www.custommarketinsight.com

Competitive Landscape – Fintech Technologies Market

The Fintech Technologies Market is highly competitive, with a large number of manufacturers and retailers operating globally. Some of the key players in the market include:

  • PayPal Holdings Inc.
  • Square Inc.
  • Ant Group Co. Ltd.
  • Stripe Inc.
  • Adyen N.V.
  • Coinbase Global Inc.
  • Robinhood Markets Inc.
  • Klarna AB
  • Revolut Ltd.
  • SoFi Technologies Inc.
  • Others

These companies operate in the market through various strategies such as product innovation, mergers and acquisitions, and partnerships. For example, In 2021, a notable partnership in the Fintech Technologies market was the collaboration between Google and PayPal, enabling PayPal users to pay with Google Pay and access their accounts within Google services, expanding the reach and convenience of digital payments for users.

In the Fintech Technologies market, new players are continuously adopting innovation and development strategies to enter and establish their presence. These newcomers bring fresh ideas and disruptive technologies to the industry, driving competition and pushing boundaries. Some notable emerging players include Robinhood, Chime, and SoFi, who have gained attention for their innovative approaches to digital investing, banking, and lending.

Key market players, on the other hand, include established behemoths like as PayPal, Square, and Stripe. These companies have dominated the market due to their early-mover advantage, high brand recognition, large client base, and ongoing innovation. They employ their solid infrastructure, connections with established financial institutions, and user-friendly interfaces to provide seamless and secure financial services to a diverse set of clients, firmly establishing them as industry leaders.

The Fintech Technologies Market is segmented as follows:

By Application

  • Payment & Fund Transfer
  • Loans
  • Insurance & Personal Finance
  • Wealth Management
  • Others

By Technology

  • Application Programming Interface (API)
  • Artificial Intelligence (AI)
  • Blockchain
  • Robotic Process Automation
  • Data Analytics
  • Others

By End User

  • Banking
  • Insurance
  • Securities
  • Others

By Region

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Fintech Technologies Market, (2023 – 2032) (USD Billion)
    • 2.2 Global Fintech Technologies Market : snapshot
  • Chapter 3. Global Fintech Technologies Market – Industry Analysis
    • 3.1 Fintech Technologies Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Digital Transformation Catalyst
      • 3.2.2 Surge in Mobile Payments
      • 3.2.3 Revolution in Open Banking
      • 3.2.4 Embracing AI and ML
      • 3.2.5 Expansion of Blockchain and Cryptocurrencies.
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Application
      • 3.7.2 Market attractiveness analysis By Technology
      • 3.7.3 Market attractiveness analysis By End User
  • Chapter 4. Global Fintech Technologies Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Fintech Technologies Market: company market share, 2022
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Fintech Technologies Market – Application Analysis
    • 5.1 Global Fintech Technologies Market overview: By Application
      • 5.1.1 Global Fintech Technologies Market share, By Application, 2022 and 2032
    • 5.2 Payment & Fund Transfer
      • 5.2.1 Global Fintech Technologies Market by Payment & Fund Transfer, 2023 – 2032 (USD Billion)
    • 5.3 Loans
      • 5.3.1 Global Fintech Technologies Market by Loans, 2023 – 2032 (USD Billion)
    • 5.4 Insurance & Personal Finance
      • 5.4.1 Global Fintech Technologies Market by Insurance & Personal Finance, 2023 – 2032 (USD Billion)
    • 5.5 Wealth Management
      • 5.5.1 Global Fintech Technologies Market by Wealth Management, 2023 – 2032 (USD Billion)
    • 5.6 Others
      • 5.6.1 Global Fintech Technologies Market by Others , 2023 – 2032 (USD Billion)
  • Chapter 6. Global Fintech Technologies Market – Technology Analysis
    • 6.1 Global Fintech Technologies Market overview: By Technology
      • 6.1.1 Global Fintech Technologies Market share, By Technology, 2022 and 2032
    • 6.2 Application Programming Interface (API)
      • 6.2.1 Global Fintech Technologies Market by Application Programming Interface (API), 2023 – 2032 (USD Billion)
    • 6.3 Artificial Intelligence (AI)
      • 6.3.1 Global Fintech Technologies Market by Artificial Intelligence (AI), 2023 – 2032 (USD Billion)
    • 6.4 Blockchain
      • 6.4.1 Global Fintech Technologies Market by Blockchain, 2023 – 2032 (USD Billion)
    • 6.5 Robotic Process Automation
      • 6.5.1 Global Fintech Technologies Market by Robotic Process Automation, 2023 – 2032 (USD Billion)
    • 6.6 Data Analytics
      • 6.6.1 Global Fintech Technologies Market by Data Analytics, 2023 – 2032 (USD Billion)
    • 6.7 Others
      • 6.7.1 Global Fintech Technologies Market by Others, 2023 – 2032 (USD Billion)
  • Chapter 7. Global Fintech Technologies Market – End User Analysis
    • 7.1 Global Fintech Technologies Market overview: By End User
      • 7.1.1 Global Fintech Technologies Market share, By End User, 2022 and 2032
    • 7.2 Banking
      • 7.2.1 Global Fintech Technologies Market by Banking, 2023 – 2032 (USD Billion)
    • 7.3 Insurance
      • 7.3.1 Global Fintech Technologies Market by Insurance, 2023 – 2032 (USD Billion)
    • 7.4 Securities
      • 7.4.1 Global Fintech Technologies Market by Securities, 2023 – 2032 (USD Billion)
    • 7.5 Others
      • 7.5.1 Global Fintech Technologies Market by Others, 2023 – 2032 (USD Billion)
  • Chapter 8. Fintech Technologies Market – Regional Analysis
    • 8.1 Global Fintech Technologies Market Regional Overview
    • 8.2 Global Fintech Technologies Market Share, by Region, 2022 & 2032 (USD Billion)
    • 8.3. North America
      • 8.3.1 North America Fintech Technologies Market, 2023 – 2032 (USD Billion)
        • 8.3.1.1 North America Fintech Technologies Market, by Country, 2023 – 2032 (USD Billion)
    • 8.4 North America Fintech Technologies Market, by Application, 2023 – 2032
      • 8.4.1 North America Fintech Technologies Market, by Application, 2023 – 2032 (USD Billion)
    • 8.5 North America Fintech Technologies Market, by Technology, 2023 – 2032
      • 8.5.1 North America Fintech Technologies Market, by Technology, 2023 – 2032 (USD Billion)
    • 8.6 North America Fintech Technologies Market, by End User, 2023 – 2032
      • 8.6.1 North America Fintech Technologies Market, by End User, 2023 – 2032 (USD Billion)
    • 8.7. Europe
      • 8.7.1 Europe Fintech Technologies Market, 2023 – 2032 (USD Billion)
        • 8.7.1.1 Europe Fintech Technologies Market, by Country, 2023 – 2032 (USD Billion)
    • 8.8 Europe Fintech Technologies Market, by Application, 2023 – 2032
      • 8.8.1 Europe Fintech Technologies Market, by Application, 2023 – 2032 (USD Billion)
    • 8.9 Europe Fintech Technologies Market, by Technology, 2023 – 2032
      • 8.9.1 Europe Fintech Technologies Market, by Technology, 2023 – 2032 (USD Billion)
    • 8.10 Europe Fintech Technologies Market, by End User, 2023 – 2032
      • 8.10.1 Europe Fintech Technologies Market, by End User, 2023 – 2032 (USD Billion)
    • 8.11. Asia Pacific
      • 8.11.1 Asia Pacific Fintech Technologies Market, 2023 – 2032 (USD Billion)
        • 8.11.1.1 Asia Pacific Fintech Technologies Market, by Country, 2023 – 2032 (USD Billion)
    • 8.12 Asia Pacific Fintech Technologies Market, by Application, 2023 – 2032
      • 8.12.1 Asia Pacific Fintech Technologies Market, by Application, 2023 – 2032 (USD Billion)
    • 8.13 Asia Pacific Fintech Technologies Market, by Technology, 2023 – 2032
      • 8.13.1 Asia Pacific Fintech Technologies Market, by Technology, 2023 – 2032 (USD Billion)
    • 8.14 Asia Pacific Fintech Technologies Market, by End User, 2023 – 2032
      • 8.14.1 Asia Pacific Fintech Technologies Market, by End User, 2023 – 2032 (USD Billion)
    • 8.15. Latin America
      • 8.15.1 Latin America Fintech Technologies Market, 2023 – 2032 (USD Billion)
        • 8.15.1.1 Latin America Fintech Technologies Market, by Country, 2023 – 2032 (USD Billion)
    • 8.16 Latin America Fintech Technologies Market, by Application, 2023 – 2032
      • 8.16.1 Latin America Fintech Technologies Market, by Application, 2023 – 2032 (USD Billion)
    • 8.17 Latin America Fintech Technologies Market, by Technology, 2023 – 2032
      • 8.17.1 Latin America Fintech Technologies Market, by Technology, 2023 – 2032 (USD Billion)
    • 8.18 Latin America Fintech Technologies Market, by End User, 2023 – 2032
      • 8.18.1 Latin America Fintech Technologies Market, by End User, 2023 – 2032 (USD Billion)
    • 8.19. The Middle-East and Africa
      • 8.19.1 The Middle-East and Africa Fintech Technologies Market, 2023 – 2032 (USD Billion)
        • 8.19.1.1 The Middle-East and Africa Fintech Technologies Market, by Country, 2023 – 2032 (USD Billion)
    • 8.20 The Middle-East and Africa Fintech Technologies Market, by Application, 2023 – 2032
      • 8.20.1 The Middle-East and Africa Fintech Technologies Market, by Application, 2023 – 2032 (USD Billion)
    • 8.21 The Middle-East and Africa Fintech Technologies Market, by Technology, 2023 – 2032
      • 8.21.1 The Middle-East and Africa Fintech Technologies Market, by Technology, 2023 – 2032 (USD Billion)
    • 8.22 The Middle-East and Africa Fintech Technologies Market, by End User, 2023 – 2032
      • 8.22.1 The Middle-East and Africa Fintech Technologies Market, by End User, 2023 – 2032 (USD Billion)
  • Chapter 9. Company Profiles
    • 9.1 PayPal Holdings Inc.
      • 9.1.1 Overview
      • 9.1.2 Financials
      • 9.1.3 Product Portfolio
      • 9.1.4 Business Strategy
      • 9.1.5 Recent Developments
    • 9.2 Square Inc.
      • 9.2.1 Overview
      • 9.2.2 Financials
      • 9.2.3 Product Portfolio
      • 9.2.4 Business Strategy
      • 9.2.5 Recent Developments
    • 9.3 Ant Group Co. Ltd.
      • 9.3.1 Overview
      • 9.3.2 Financials
      • 9.3.3 Product Portfolio
      • 9.3.4 Business Strategy
      • 9.3.5 Recent Developments
    • 9.4 Stripe Inc.
      • 9.4.1 Overview
      • 9.4.2 Financials
      • 9.4.3 Product Portfolio
      • 9.4.4 Business Strategy
      • 9.4.5 Recent Developments
    • 9.5 Adyen N.V.
      • 9.5.1 Overview
      • 9.5.2 Financials
      • 9.5.3 Product Portfolio
      • 9.5.4 Business Strategy
      • 9.5.5 Recent Developments
    • 9.6 Coinbase Global Inc.
      • 9.6.1 Overview
      • 9.6.2 Financials
      • 9.6.3 Product Portfolio
      • 9.6.4 Business Strategy
      • 9.6.5 Recent Developments
    • 9.7 Robinhood Markets Inc.
      • 9.7.1 Overview
      • 9.7.2 Financials
      • 9.7.3 Product Portfolio
      • 9.7.4 Business Strategy
      • 9.7.5 Recent Developments
    • 9.8 Klarna AB
      • 9.8.1 Overview
      • 9.8.2 Financials
      • 9.8.3 Product Portfolio
      • 9.8.4 Business Strategy
      • 9.8.5 Recent Developments
    • 9.9 Revolut Ltd.
      • 9.9.1 Overview
      • 9.9.2 Financials
      • 9.9.3 Product Portfolio
      • 9.9.4 Business Strategy
      • 9.9.5 Recent Developments
    • 9.10 SoFi Technologies Inc.
      • 9.10.1 Overview
      • 9.10.2 Financials
      • 9.10.3 Product Portfolio
      • 9.10.4 Business Strategy
      • 9.10.5 Recent Developments
    • 9.11 Others.
      • 9.11.1 Overview
      • 9.11.2 Financials
      • 9.11.3 Product Portfolio
      • 9.11.4 Business Strategy
      • 9.11.5 Recent Developments
List Of Figures

Figures No 1 to 31

List Of Tables

Tables No 1 to 77

Report Methodology

In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:

Preliminary Data Mining

On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.

Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.

Statistical Model

Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.

Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.

Some of the variables taken into account for forecasting are as follows:

• Industry drivers and constraints, as well as their current and projected impact

• The raw material case, as well as supply-versus-price trends

• Current volume and projected volume growth through 2030

We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.

Primary Validation

This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.

Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.

All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:

• Market leaders

• Suppliers of raw materials

• Suppliers of raw materials

• Buyers.

The following are the primary research objectives:

• To ensure the accuracy and acceptability of our data.

• Gaining an understanding of the current market and future projections.

Data Collection Matrix

Perspective Primary research Secondary research
Supply-side
  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data
Demand-side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Market Analysis Matrix

Qualitative analysis Quantitative analysis
  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2030
  • Market revenue estimates and forecasts up to 2030, by technology
  • Market revenue estimates and forecasts up to 2030, by application
  • Market revenue estimates and forecasts up to 2030, by type
  • Market revenue estimates and forecasts up to 2030, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Prominent Player

  • PayPal Holdings Inc.
  • Square Inc.
  • Ant Group Co. Ltd.
  • Stripe Inc.
  • Adyen N.V.
  • Coinbase Global Inc.
  • Robinhood Markets Inc.
  • Klarna AB
  • Revolut Ltd.
  • SoFi Technologies Inc.
  • Others

FAQs

“North America” region will lead the Global Fintech Technologies Market during the forecast period 2023 to 2032.

The key factors driving the Market are Digital Transformation Catalyst, Surge in Mobile Payments, Revolution in Open Banking, Embracing AI and ML And Expansion of Blockchain and Cryptocurrencies.

The key players operating in the Fintech Technologies Market are PayPal Holdings Inc., Square Inc., Ant Group Co. Ltd., Stripe Inc., Adyen N.V., Coinbase Global Inc., Robinhood Markets Inc., Klarna AB, Revolut Ltd., SoFi Technologies Inc., Others.

The Global Fintech Technologies Market is expanding growth with a CAGR of approximately 18.5% during the forecast period (2023 to 2032).

The Global Fintech Technologies Market size was valued at USD 215.3 Billion in 2022 and it is projected to reach around USD 751.5 Billion by 2032.

PURCHASE OPTIONS

$

3490


$

4490


$

5490


$

1950


powerbi pdf
$

6200

What You Get :

  • PDF Report Format.
  • Can be accessible by 1 single user.
  • Free 25% or 40 hours of customisation.
  • Free post-sale service assistance.
  • 15% discount on your next purchase.
  • Dedicated account Associate .
  • Permission to print the report.
  • Service guarantee available.
  • PDF and Excel Datasheet Formats.
  • Can be accessible upto 2 to 5 users.
  • Free 35% or 60 hours of customisation.
  • Free post-sale service assistance.
  • 25% discount on your next purchase.
  • Service guarantee available.
  • Personalised market brief by author.
  • Permission to print the report.
  • PDF, Excel and Power Point.
  • Can be accessible by unlimited users.
  • Free 40% or 80 hours of customisation.
  • Free post-sale service assistance.
  • 30% discount on your next purchase.
  • Permission to print the report.
  • Dedicated account manager.
  • Service guarantee available.
  • Excel Datasheet Format.
  • Customized access as per user request.
  • Upgradable to other licenses.
  • 15% discount on your next purchase.
  • Free 20% or 10 hours of customisation.
  • PDF, Excel, Power Point and Power BI.
  • Every Year Free Update ( Apr – Apr)
  • Personalized market brief by author
  • Can be accessible by unlimited users.
  • Free 50% or 90 hours of customization.
  • Up to 50 Company Profiles
  • Free post-sale service assistance with guarantee
  • 40% discount on your next purchase.
  • Permission to print the report.
  • Dedicated account team.
  • Service guarantee available.

Want to customize this report?
100% FREE CUSTOMIZATION!