Press release
Fintech Market's Transactional Value's CAGR is 8.6% by 2024
A large majority of global banks, insurers, and investment managers are planning to partner with financial technology companies over the next 3-5 years, and expect a 20% average return on investment on their innovation projects.
Request a sample of this report @ https://www.orbisresearch.com/contacts/request-sample/3583361
Infrastructure-based technology, through platformification and open application programming interfaces (APIs), is reshaping the future of the financial services industry, while the operational advancements offered by robotic process automation (RPA), chatbots, and Distributed Ledger Technology (DLT) are enabling greater agility, efficiency, and accuracy.
Through innovative use of technologies, financial technology companies are delivering low-cost personalized products, which has a significant impact on the rising customer expectations, along with mounting pressure on traditional firms.
Scope of the Report
An understanding of the present status of the global fintech market, along with detailed market segmentation
Current market trends, changes in market dynamics, and growth opportunities
In-depth analysis of the market size and forecast for the various segments
Key Market Trends
Booming Digital Payments sector
Total transaction value in the digital payments segment amounted to USD 3,403,168 million in 2018.
Total transaction value is expected to register an annual growth rate (CAGR 2019-2024) of 13.2% by 2024.
The market's largest segment is digital commerce, which amounted to a total transaction value of USD 2,875,5.7 million in 2018.
Growing Personal Finance sector
The market's largest segment is Robo-Advisors segment
From a global comparison perspective, it is shown that the highest cumulated transaction value was achieved in the United States
Competitive Landscape
The report includes an overview of the major international players operating in the market studied. Currently, some of the major players dominating the market studied, in terms of market share, include
ZhongAn (China)
Avant (United States)
Atom Bank (United Kingdom)
Oscar (United States)
Wealthfront (United States)
Qufenqi (China)
Ant Financial
Affirm
Credit Karma
Adeyn
Make an enquiry of this report @ https://www.orbisresearch.com/contacts/enquiry-before-buying/3583361
Table of Contents
1 INTRODUCTION
1.1 Scope of the Study
1.2 Market Definition
2 RESEARCH METHODOLOGY
2.1 Study Deliverables
2.2 Study Assumptions
2.3 Analysis Methodology
2.4 Research Phases
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Key Regulators Working with Fintech
4.2 Primary Business Objectives of Fintech
4.3 Types of Fintech Firms
4.4 Trends in the Global Fintech Market
4.5 Growth Challenges for Fintech
4.6 Interaction between Fintech Companies and Traditional Financial Institutions
4.7 Key Reasons for Patnership between Fintech Companies and Traditional Financial Services Firms
4.8 Association of Fintechs with Various Entities
4.9 Market Drivers and Restraints
4.10 Market Opportunities
5 MARKET SEGMENTATION
5.1 Global Transaction Volume
5.1.1 Digital Payments
5.1.2 Personal Finance
5.1.3 Alternative Lending
5.1.4 Alternative Financing
5.2 Funding Statistics
5.3 Revenue Statistics
5.4 Country-level Insights for Key Developing and Developed Companies
5.5 Expected Growth Rates
5.6 Insights on Other Segments
5.6.1 Insurtech
5.6.2 Regtech
5.7 Number of Companies Active in the Fintech Market, by Region
5.8 Other Key Market Data
5.9 Geography
5.9.1 North America
5.9.2 South America
5.9.3 Europe
5.9.4 Asia-Pacific
5.9.5 Middle East & Africa
6 COMPETITIVE LANDSCAPE
6.1 Overview of Market Competition
6.2 Company Profiles
6.2.1 ZhongAn (China)
6.2.2 Avant (United States)
6.2.3 Atom Bank (United Kingdom)
6.2.4 Oscar Health (United States)
6.2.5 Wealthfront (United States)
6.2.6 Kreditech
6.2.7 Ant Financial
Browse the complete report @ https://www.orbisresearch.com/reports/index/global-fintech-market-growth-trends-and-forecast-2019-2024
Contact Us:
Hector Costello
Senior Manager – Client Engagements
4144N Central Expressway,
Suite 600, Dallas,
Texas - 75204, U.S.A.
Phone No.: +1 (972)-362-8199 ; +91 895 659 5155
About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Fintech Market's Transactional Value's CAGR is 8.6% by 2024 here
News-ID: 1838766 • Views: …
More Releases from Orbisresearch.com
Top business process outsourcing (BPO) service provider across the globe.
Global Business Process Outsourcing (BPO) Market valued approximately USD 189.61 billion in 2017 is anticipated to grow with a healthy growth rate of more than 7.75% over the forecast period 2018-2025.
The Business Process Outsourcing (BPO) Market is continuously growing in the global scenario at significant pace. Business Process Outsourcing (BPO) is a business practice in which one organization hires another company to perform a task that hiring organization requires…
Private LTE network market to boom by 13.00% over the forecast period 2019-2026
Global Private LTE Network Market is valued approximately USD 2.40 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 13.00% over the forecast period 2019-2026. The Private LTE network is a private network which is a network restricted to one enterprise intended for precisely connecting individuals of that respective enterprise & securing data by eliminating the connection with a core network of the…
Global Expense Tracking Software Market 2018: Concur, Zoho Expense, Certify, Xpe …
The Global Expense Tracking Software Market report is an exhaustive study of Expense Tracking Software Market across numerous factors to deliver the end-user a complete insight of the global Expense Tracking Software market. The global Expense Tracking Software market is likely to reach an estimate of USD xx million at the end of the year 2025 rising at the rate of CAGR xx% throughout the forecast period of 2018 to…
More Releases for Fintech
EMBank Reinforces Fintech Leadership at Baltic Fintech Days 2025
As fintech innovation accelerates across Europe, Vilnius once again positioned itself as a central hub for forward-thinking financial dialogue during Baltic Fintech Days 2025. Held over two impactful days, the conference attracted over 1,000 stakeholders, bringing together startup leaders, financial institutions, regulators, and technology innovators from across the Baltics and beyond.
The event's agenda was shaped by more than 60 expert speakers who addressed emerging topics such as AI-powered banking, embedded…
Seoul Fintech Lab Accelerates Global Expansion with Participation in Singapore F …
Image: https://www.getnews.info/uploads/5b520c858c856e54cadb7d57558b7209.jpg
Seoul Fintech Lab successfully participated in the Singapore Fintech Festival from November 6 to 8, 2024. The event was organized to promote overseas investment and market entry for its resident, membership, and graduate companies, with a particular focus on Seoul-based fintech companies established within the last seven years.
A total of 10 companies participated in the event. The five resident companies were Antok, Whatssub, Ipxhop, MerakiPlace, and Korea Securities Lending,…
Seoul Fintech Lab and 2nd Seoul Fintech Lab Successfully Participate in Korea Fi …
Seoul Fintech Lab and 2nd Seoul Fintech Lab achieved great success by showcasing innovative solutions from 22 resident companies, attracting approximately 1,000 visitors to their booth during Korea Fintech Week 2024.
Image: https://www.getnews.info/uploads/e73eea3a5c8a6a46e5b43375b2a156be.jpg
Seoul Fintech Lab and the 2nd Seoul Fintech Lab jointly participated in the 'Korea Fintech Week 2024,' held at Dongdaemun Design Plaza (DDP) in Seoul, South Korea, from August 27 to 29. The event was a huge success, with…
FinTech in Insurance
The market for "FinTech in Insurance Market" is examined in this report, along with the factors that are expected to drive and restrain demand over the projected period.
Introduction to FinTech in Insurance Market Insights
The futuristic approach to gathering insights in the FinTech in Insurance sector integrates advanced technologies such as artificial intelligence, big data analytics, and blockchain. These tools enhance data collection from diverse sources, enabling insurers to gain deeper,…
BW Festival Of Fintech: A Comprehensive Fintech Colloquy
Business World’s Festival of Fintech is a two-day informative summit that will inform, illustrate and recognize the changes in the dynamic Fintech industry.
Business World brings forth Festival of Fintech, an exclusive conclave on Fintech innovation and growth on the 12th and 13th of February, 2021. The event will include expert panels and an industry award ceremony that recognizes excellence in all the ambits of the Fintech field.
The…
Bouchard Fintech
Information provided by Bouchard Fintech
The US, at least this current administration, has mystified its European Union business and political partners. The EU represents one of the very largest economies on the planet. The EU is also very much a trusted ally of the US. The EU market continues to be a fertile ground for US exports. So, it was quite a surprise that the US seemed to be picking a…
