FinTech Market 2021 Size, Share, Development and Opportunities Forecast till 2027 | Air Canada, AirPlus International Ltd., American Express Company, Bank of America Corporation, Citigroup Inc.

According to Coherent Market Insights' research, the global forecast for FinTech Market 2027 is expected to be worth US$ 382.38 Million, with a CAGR of 7.05 % over the projected period (2021-2027).

For business strategists, the FinTech Market Research Report 2021-2027 is a great source of relevant data. It includes an overview of the industry, as well as growth analyses, market trends, drivers, and restraints. The research analysts give a detailed overview of the value chain as well as its segmentation. This Market analysis contains in-depth information that improves the report's comprehension, scope, and application.

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Financial Technology (FinTech) is a branch of the financial services industry that refers to a digital-based lending platform used mostly for consumers, small and medium-sized businesses (SMEs), student loans, and mortgages.

Major Key players:
Air Canada, AirPlus International Ltd., American Express Company, Bank of America Corporation, Citigroup Inc., Diners Club International Ltd, East West Bank (East West Bancorp, Inc.), JP Morgan Chase & Co. Inc., Mastercard Incorporated, NIUM Pte. Ltd, the UPS Store, Inc., and Tradeshift.

Key Trends and Analysis of the Fintech Market:

• The Retail & e-commerce segment is predicted to expand the fastest among industries over the projection period. With improvements in the payment business, retailers have upgraded their payment gadgets. Retailers are delivering payment requests based on the needs of their customers, thanks to the growing use of digital wallets and mobile payments.
• Due to increased government initiatives for the cashless transition, Asia Pacific is predicted to develop at the fastest rate during the forecast period.

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Market Segments Covered:

1. By Offering
• Buy Now Pay Later Platform
• Supply Chain & Invoice Financing
• Neo & Challenger Banking Services
• Spend & Expense Management
• Corporate Cards

2. By Enterprise Size
• SMEs (Small and Medium Enterprises)
• Large Enterprises

3. By Industry
• BFSI (Banking, Finance Services, and Insurance)
• Retail & e-commerce
• Healthcare & Life Science
• IT & Telecom
• Others

4. By Region
• North America
• Europe
• Latin America
• Asia Pacific
• Middle East and Africa

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About Coherent Market Insights -
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

This release was published on openPR.