North America region was the largest region in the global FinTech market, accounting for 40.5% of the global fintech market in 2019. It was followed by the Asia Pacific region, Western Europe region, and other regions.
FinTech Market Overview Analysis:
FinTech Market size is expected to reach USD 330 billion by the end of 2027, with growth at a CAGR of 24% during the forecast period 2022-2027. FinTech (Financial technology) is the application of innovative technological enhancements to products and services in the financial industry and focuses on automating and improving the utilization of financial services.
FinTech Market Growth Opportunity
As FinTech allows producing convenience services & helping maintain transparency, in terms of monetary inclusions, it’s become one of the key driving forces of the market. Additionally, several financial bodies are implementing advanced technologies to…