AI in Fintech Market Set for Explosive Growth with High Radius, Kreditech, Cleo
HTF Market Intelligence published a new research document of 150+pages on AI in Fintech Market Insights, to 2030" with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the AI in Fintech market was mainly driven by the increasing R&D spending by leading and emerging player, however latest scenario and economic slowdown have changed complete market dynamics.Some of the key players profiled in the study are High Radius (United States), Lingxi (China), Kreditech (Germany), Numerai (United States), Walnut Algorithms (France), Skyline AI (United States), Fount (South Korea), Cleo (United Kingdom), Upstart (United States), Gupshup (United States), Kabbage (United States), Aktivo (Russia), Acuminor (Sweden), Castlepoint (United States), Credquant (Singapore),
The Global AI in Fintech Market is Anticipated to grow at a CAGR of 15.9% during the forecast period.
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Definition: AI in Fintech, or Artificial Intelligence in Financial Technology, refers to the application of advanced machine learning, data analysis, and automation techniques within the financial industry. It involves using AI technologies to enhance and streamline various financial processes, services, and products. Fintech, as a broader term, encompasses innovations that leverage technology to transform traditional financial activities, and the integration of AI within this space has led to significant improvements in efficiency, accuracy, and customer experiences.
Market Trends:
Financial institutions were increasingly using AI to analyze vast amounts of data quickly and accurately. This allowed for better insights into customer behavior, investment trends, and risk assessments.
Market Drivers:
AI-powered solutions such as chatbots, virtual assistants, and personalized financial recommendations were enhancing customer interactions, providing real-time assistance, and delivering tailored financial products and services.
Market Opportunities:
AI chatbots and virtual assistants can enhance customer service by providing personalized recommendations, answering queries, and handling routine transactions, improving customer satisfaction and retention.
Market Leaders & Development Strategies:
The premier Conversational AI platform utilized by banks and Fintech companies, Active.Ai, was acquired by Gupshup, a global leader in conversational interaction, on April 5, 2022. Gupshup's customer experience (CX) solutions for BFSI clients are strengthened by the purchase. The connected platform for financial services, Identifee, and Photon Commerce, the market leader in artificial intelligence for fintech, announced a strategic partnership on June 1, 2022. This partnership will allow banks to instantly digitize, analyze, and deliver insights from PDF and paper statements.
The titled segments and sub-section of the market are illuminated below:
The Study Explore the Product Types of AI in Fintech Market: Solution, Service
Key Applications/end-users of AI in Fintech Market: Automated Customer Support, Fraud Detection, Data Analysis, Others
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With this report you will learn:
· Who the leading players are in AI in Fintech Market?
· What you should look for in a AI in Fintech
· What trends are driving the Market
· About the changing market behaviour over time with strategic view point to examine competition
Also included in the study are profiles of 15 AI in Fintech vendors, pricing charts, financial outlook, swot analysis, products specification &comparisons matrix with recommended steps for evaluating and determining latest product/service offering.
Who should get most benefit from this report insights?
· Anyone who are directly or indirectly involved in value chain cycle of this industry and needs to be up to speed on the key players and major trends in the market for AI in Fintech
· Marketers and agencies doing their due diligence in selecting a AI in Fintech for large and enterprise level organizations
· Analysts and vendors looking for current intelligence about this dynamic marketplace.
· Competition who would like to benchmark and correlate themselves with market position and standings in current scenario.
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Quick Snapshot and Extracts from TOC of Latest Edition
• Overview of AI in Fintech Market
• AI in FintechSize (Sales Volume) Comparison by Type (2024-2030)
• AI in Fintech Size (Consumption) and Market Share Comparison by Application (2024-2030)
• AI in Fintech Size (Value) Comparison by Region (2024-2030)
• AI in Fintech Sales, Revenue and Growth Rate (2024-2030)
• AI in Fintech Competitive Situation and Current Scenario Analysis Strategic proposal for estimating sizing of core business segments Players/Suppliers High Performance Pigments Manufacturing Base Distribution, Sales Area, Product Type Analyse competitors, including all important parameters of AI in Fintech
• AI in Fintech Manufacturing Cost Analysis Latest innovative headway and supply chain pattern mapping of leading and merging industry players
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About Us:
HTF Market Intelligence is a leading market research company providing end-to-end syndicated and custom market reports, consulting services, and insightful information across the globe. HTF MI integrates History, Trends, and Forecasts to identify the highest value opportunities, cope with the most critical business challenges and transform the businesses. Analysts at HTF MI focuses on comprehending the unique needs of each client to deliver insights that are most suited to his particular requirements.
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