Press release
Emerging Trends to Reshape the Fintech as a Service (FaaS) Market: Rising Popularity Of Technological Innovations In Fintech as a Key Influencer
Fintech as a Service (FaaS) Market
Fintech as a Service (FaaS) Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The scale of the Fintech as a Service (FaaS) market has swiftly expanded in recent times. The market is expected to expand from $378.33 billion in 2024 to $442.89 billion in 2025, boasting a compound annual growth rate (CAGR) of 17.1%. Factors such as digital transformation, increased use of mobile and internet, regulatory alterations, the emergence of APIs, and a heightened demand for efficiency have considerably contributed to the growth observed in the historical period.
Fintech as a Service (FaaS) Market Size Forecast: What's the Projected Valuation by 2029?
The market value of Fintech as a Service (FaaS) is predicted to undergo swift expansion in the forthcoming years, reaching a figure of $828.06 billion by 2029, with a compound annual growth rate (CAGR) of 16.9%. Factors contributing to this acceleration during the projection period include AI and automation advancements, the enlargement of open banking, the integration of blockchain and cryptocurrency, service globalization, and the importance of data security and privacy. Key trends for this time frame comprise of integrated finance, the growth of the AP ecosystem, RegTech and compliance solutions, evolving payment systems, and a heightened emphasis on sustainable finance.
View the full report here:
https://www.thebusinessresearchcompany.com/report/fintech-as-a-service-faas-global-market-report
What Are the Drivers Transforming the Fintech as a Service (FaaS) Market?
The surge in the move towards digital banking and transactions is anticipated to drive the growth of the fintech as a service market. Digital banking pertains to banking operations conducted on a digital platform, removing all paper-based transactions such as demand drafts, pay-in slips, and checks. Fintech as a Service (FaaS) plays a pivotal part in digital banking, offering mobile applications, web-based platforms, APIs, and advanced applications that utilize artificial intelligence and machine learning to offer financial advice. Additionally, FaaS provides digital banking solutions that permit companies to supply their customers with online banking services. As per a report issued by Finder.com, an Australia-based comparison website,in July 2023, it's predicted that 93% of the British population were using online banking in 2022 and an additional 5.3 million British people (10%) plan on opening a digital-only bank account in 2023. By 2028, it's estimated that the number of digital-only bank account holders will be 22.6 million (43%). Consequently, the rise in the transition towards digital banking and payments is fueling the fintech as a service market growth.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=12612&type=smp
What Are the Key Trends Driving Fintech as a Service (FaaS) Market Growth?
The emergence of technological advancements is a significant trend gaining traction in the fintech as a service sector. Primary companies in this sector are focusing on crafting technologically superior solutions to enhance their market stance. For example, in April 2023, a US-based regional holding bank, Valley National Bank, released a new fintech innovation platform backed by NayaOne. The platform, with a simple and user-friendly onboarding process, is already amalgamated with the goods and services of several financial firms. It provides a range of tools for creating and utilizing synthetic data, empowering Valley and its fintech associates to expediently pilot new solutions in a safe, controlled setting.
Which Segments in the Fintech as a Service (FaaS) Market Offer the Most Profit Potential?
The fintech as a service (faas)market covered in this report is segmented -
1) By Type: Banking, Payment, Insurance, Investment, Lending, Other Types
2) By Technology: Artificial Intelligence (AI), Blockchain, Robotic Process Automation (RPA), Application Programming Interfaces (API), Other Technologies
3) By Application: Fraud Monitoring, KYC Verification, Compliance And Regulatory Support, Other Applications
4) By End-User: Banks, Financial Institutions, Insurance Companies, Other End-Users
Subsegments:
1) By Banking: Core Banking Solutions, Digital Banking Platforms, Compliance And Risk Management Solutions
2) By Payment: Payment Gateway Services, Digital Wallet Solutions, Mobile Payment Solutions
3) By Insurance: Insurtech Solutions, Policy Management Systems, Claims Processing Platforms
4) By Investment: Robo-Advisory Services, Portfolio Management Solutions, Trading Platforms
5) By Lending: Peer-To-Peer Lending Platforms, Loan Origination Systems, Credit Scoring Solutions
6) By Other Types: Cryptocurrency Services, Regulatory Technology (RegTech), Financial Analytics Solutions
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=12612&type=smp
Which Firms Dominate the Fintech as a Service (FaaS) Market by Market Share and Revenue in 2025?
Major companies operating in the fintech as a service (FaaS) market include Stripe Inc., Rapyd Financial Network Ltd., Visa Inc., Mastercard Incorporated, Fiserv Inc., Block Inc., Fidelity National Information Services Inc., Global Payments Inc., NCR Corporation, Broadridge Financial Solutions, Worldline SA, Diebold Nixdorf Incorporated, Coinbase Global Inc, WEX Inc., Jack Henry and Associates Inc., Chime Financial Inc., Finastra, Green Dot Corporation, Envestnet Inc., Adyen NV, Temenos AG, Revolut Ltd., Marqeta Inc., Airwallex Pty Ltd., Plaid Inc., Finix Payments Inc., Square Capital LLC, Dwolla Inc., Synctera Inc., Solid Financial Technologies Inc.
Which Regions Offer the Highest Growth Potential in the Fintech as a Service (FaaS) Market?
North America was the largest region in the fintech as a service market in 2024. The regions covered in the fintech as a service (FaaS) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=12612
This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Emerging Trends to Reshape the Fintech as a Service (FaaS) Market: Rising Popularity Of Technological Innovations In Fintech as a Key Influencer here
News-ID: 4191338 • Views: …
More Releases from The Business Research Company
Soaring Demand Set to Propel Leave-In Conditioner Market to $3.82 Billion by 202 …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Leave-In Conditioner Market Through 2025?
In recent times, the market size of leave-in conditioners has seen substantial growth. The market value is projected to rise from $2.73 billion in 2024 to $2.91 billion in 2025, marking a Compound Annual Growth Rate (CAGR)…
Auto Finance Market Poised to Hit $3987.41 Billion by 2029 with Accelerating Gro …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Auto Finance Market Size Growth Forecast: What to Expect by 2025?
In the previous years, the size of the auto finance market has seen rapid expansion. It's projected to escalate from $2325.08 billion in 2024 to $2590.23 billion in 2025, boasting a compound annual growth rate (CAGR) of 11.4%.…
2025 Hard Services Facility Management Industry Trends Report: Long-Term Outlook …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Hard Services Facility Management Market Size By 2025?
The market size of hard services facility management has seen a robust growth in the past few years. The market which holds a value of $644.31 billion in 2024, is predicted to surge to $682.53 billion in…
Remittance Market Poised to Hit $1066.06 Billion by 2029 with Accelerating Growt …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Remittance Market Size Growth Forecast: What to Expect by 2025?
The scale of the remittance market has seen significant expansion in the past few years. It is expected to escalate from $782.54 billion in 2024 to $828.46 billion in 2025, with a compound annual growth rate (CAGR) of 5.9%.…
More Releases for FaaS
Financial accounting advisory services (FAAS) Market Size And Global Industry Fo …
Digitalization, Regulatory Complexity, and Strategic Consulting Drive Market Momentum
Introduction
The global financial accounting advisory services (FAAS) market has emerged as a critical segment within the financial services industry, catering to evolving needs in corporate governance, compliance, digital finance transformation, and business restructuring. Organizations across sectors are increasingly relying on financial advisory firms to navigate the complexities of accounting regulations, enhance transparency, and ensure resilience in a volatile global economy. The Exactitude…
Fintech as a Service (FaaS) Market Value, Growth, and Trends | 2032 Statistics R …
The Fintech as a Service (FaaS) Market is Valued USD 300.2 billion by 2024 and projected to reach USD 1,242.9 billion by 2032, growing at a CAGR of CAGR of 17.10% During the Forecast period of 2025-2032.
The Latest Market Research report on "Global Fintech as a Service (FaaS) Market Report 2025 - Future Opportunities, Latest Trends, In-Depth Analysis, and Forecast to 2032" provides strategic insights into the global Fintech as…
Fintech as a Service (FaaS) Market Size, Industry Share, Sales Revenue Analysis …
The Fintech as a Service (FaaS) Market is expected to experience substantial growth, with projections indicating a rise from USD 310.5 billion in 2023 to USD 676.9 billion by 2028, exhibiting a compound annual growth rate of 16.9%, during the forecast period.
Download Report Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=9388805
The growth of the FaaS market is driven by factors such as the emergence of cloud computing technology which will facilitate operational flexibility and scalability…
FAAS Market Regional Developments, Industry Future Demands and Competitive Lands …
The FAAS market research report is proficient and top to bottom research by specialists on the current state of the industry. This statistical surveying report gives the most up to date industry information and industry future patterns, enabling you to distinguish the items and end clients driving income development and benefit. It centres around the real drivers and restrictions for the key players and present challenge status with development prospects.…
India FaaS Market Size, Status, Top Players, Trends in Upcoming Years
The government of India has set up the Agricultural Technology Management Agency (ATMA) to strengthen research–extension–farmer linkages, improve the quality and type of technologies being distributed, offer an effective mechanism for management and coordination of activities of multiple agencies involved in technology validation/adaption and dispersion at the district level and below, and march toward shared ownership of the agricultural technology systems among prominent shareholders.
Get the Free Sample Pages: https://www.psmarketresearch.com/market-analysis/india-farming-as-a-service-faas-market/report-sample
The…
India FaaS Market Size, Share, Growth, Trends, Applications, and Industry Strate …
Factors such as the increasing implementation of government initiatives to support the farmers, such as the Pradhan Mantri Krishi Sinchayee Yojana (PMSY) and Soil Health Card Scheme, and improving internet connectivity in rural areas will fuel the Indian farming as a service (FaaS) market growth during the forecast period (2021–2030). Moreover, the rising efforts made by private companies to enhance the productivity and efficiency of the agriculture sector will also…
