{"id":14875,"date":"2024-03-11T08:11:03","date_gmt":"2024-03-11T08:11:03","guid":{"rendered":"https:\/\/jobera.com\/?p=14875"},"modified":"2024-03-11T08:11:03","modified_gmt":"2024-03-11T08:11:03","slug":"fintech-statistics","status":"publish","type":"post","link":"https:\/\/jobera.com\/resources\/fintech-statistics\/","title":{"rendered":"50+ Latest Fintech Statistics and Trends [2026]"},"content":{"rendered":"\n<p><em>Ever questioned the impact of fintech on your wallet?<\/em><\/p>\n\n\n\n<p>The<strong> fintech industry<\/strong> is currently worth about <strong>$226.76 billion<\/strong>, projected to reach<strong> $917.17 billion by 2032<\/strong>.<\/p>\n\n\n\n<p><strong>Digital payment<\/strong> holds the largest fintech market share, constituting <strong>25% of the market.<\/strong><\/p>\n\n\n\n<p><em>Did Covid disrupt fintech adoption and growth?<\/em><\/p>\n\n\n\n<p><em>No! Actually what happened was the opposite.<\/em><\/p>\n\n\n\n<p>The pandemic saw an <strong>average increase of 47% <\/strong>in gross values transacted for<strong> retail-facing fintech firms.<\/strong><\/p>\n\n\n\n<p><strong>Venture capital investment<\/strong> in fintech reached<strong> $122.9 billion in 2021<\/strong>, <strong>doubling <\/strong>between 2020 and 2021.<\/p>\n\n\n\n<p><em>Ready to dive deeper?<\/em> Here are the latest fintech statistics and trends you need to know.<\/p>\n\n\n\n<div class=\"wp-block-rank-math-toc-block\" id=\"rank-math-toc\"><nav><ul><li class=\"\"><a href=\"#top-fintech-statistics-editors-pick\">Top Fintech Statistics: Editor\u2019s Pick<\/a><\/li><li class=\"\"><a href=\"#general-fintech-statistics\">General Fintech Statistics<\/a><\/li><li class=\"\"><a href=\"#what-is-the-size-and-worth-of-the-fintech-industry\">What Is The Size And Worth Of The Fintech Industry?<\/a><\/li><li class=\"\"><a href=\"#fintech-market-share-by-regions\">Fintech Market Share By Regions<\/a><\/li><li class=\"\"><a href=\"#fintech-investment-statistics\">Fintech Investment Statistics<\/a><\/li><li class=\"\"><a href=\"#impact-of-covid-on-fintech\">Impact of Covid on Fintech<\/a><\/li><li class=\"\"><a href=\"#fintech-and-ai-statistics\">Fintech And AI Statistics<\/a><\/li><li class=\"\"><a href=\"#vc-fintech-funding-statistics\">VC Fintech Funding Statistics<\/a><\/li><li class=\"\"><a href=\"#leading-fintech-companies\">Leading Fintech Companies<\/a><\/li><li class=\"\"><a href=\"#fintech-consumer-adoption-statistics\">Fintech Consumer Adoption Statistics<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"top-fintech-statistics-editors-pick\">Top Fintech Statistics: Editor\u2019s Pick<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"427\" src=\"https:\/\/dev.jobera.com\/resources\/wp-content\/uploads\/2024\/03\/fintech-stats-graphic-1024x427.jpg\" alt=\"VC investment in fintech\" class=\"wp-image-14928\" srcset=\"https:\/\/jobera.com\/resources\/wp-content\/uploads\/2024\/03\/fintech-stats-graphic-1024x427.jpg 1024w, https:\/\/jobera.com\/resources\/wp-content\/uploads\/2024\/03\/fintech-stats-graphic-300x125.jpg 300w, https:\/\/jobera.com\/resources\/wp-content\/uploads\/2024\/03\/fintech-stats-graphic-768x320.jpg 768w, https:\/\/jobera.com\/resources\/wp-content\/uploads\/2024\/03\/fintech-stats-graphic.jpg 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<ol class=\"wp-block-list\">\n<li>The <strong>global fintech market<\/strong> is expected to grow at a<strong> CAGR of 23.58% from 2021 to 2025<\/strong>. <sup>[7]<\/sup><\/li>\n\n\n\n<li><strong>64%<\/strong> of the global population used at least <strong>one fintech app<\/strong> in 2019. <sup>[5]<\/sup><\/li>\n\n\n\n<li><strong>Digital payment <\/strong>is considered the <strong>biggest<\/strong> fintech product holding<strong> 25%<\/strong> of the<strong> fintech market<\/strong>.<sup> [4]<\/sup><\/li>\n\n\n\n<li>According to the latest statistics, the <strong>fintech industry<\/strong> is worth <strong>about $226.76 billion<\/strong>. <sup>[12]<\/sup><\/li>\n\n\n\n<li>Fintech is expected to reach <strong>$917.17 billion <\/strong>by <strong>2032<\/strong>, growing at a <strong>CAGR of 16.8%<\/strong>.<sup> [12]<\/sup><\/li>\n\n\n\n<li><strong>Global fintech industry<\/strong> revenue has nearly doubled from<strong> $90.5 billion<\/strong> in 2017. <sup>[13]<\/sup><\/li>\n\n\n\n<li>The <strong>global funding value<\/strong> stood at<strong> $113.7 billion<\/strong> in <strong>2023<\/strong>. <sup>[20]<\/sup><\/li>\n\n\n\n<li><strong>Visa<\/strong> is the<strong> largest fintech company<\/strong> by market cap. <sup>[23]<\/sup><\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"general-fintech-statistics\">General Fintech Statistics<\/h2>\n\n\n\n<p><strong>64%<\/strong> of the global population used at least <strong>one fintech app<\/strong> in 2019. <sup>[5]<\/sup><\/p>\n\n\n\n<p><strong>Digital payment <\/strong>is considered the <strong>biggest<\/strong> fintech product holding<strong> 25%<\/strong> of the<strong> fintech market<\/strong>. <sup>[4]<\/sup><\/p>\n\n\n\n<p>The <strong>global fintech market<\/strong> is expected to grow at a<strong> CAGR of 23.58% from 2021 to 2025<\/strong>. <sup>[7]<\/sup><\/p>\n\n\n\n<p><strong>AI <\/strong>is one of the leading technologies in the<strong> fintech market<\/strong>, with a market share of about <strong>38.25%<\/strong>. <sup>[7]<\/sup><\/p>\n\n\n\n<p>Blockchain technology is growing with <strong>$70 to $75 million<\/strong> in 2018, with a <strong>CAGR of 50% <\/strong>in the<strong> next six years<\/strong>. <sup>[8]<\/sup><\/p>\n\n\n\n<p><strong>Regtech<\/strong> was worth about <strong>$120 billion<\/strong> in 2020 with a<strong> CAGR of 52.8%<\/strong>. <sup>[11]<\/sup><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"what-is-the-size-and-worth-of-the-fintech-industry\">What Is The Size And Worth Of The Fintech Industry?<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The global<strong> financial sector<\/strong> was expected to be worth <strong>$26.5 trillion in 2022<\/strong> with a <strong>CAGR of 6%<\/strong>. <sup>[1]<\/sup><\/li>\n\n\n\n<li>It is interesting to note that the fintech market share across 48 fintech unicorns is now worth over <strong>$187 billion (as of the first half of 2019)<\/strong> which is slightly over <strong>1% of the global financial industry<\/strong>. <sup>[2]<\/sup><\/li>\n\n\n\n<li>In 2022,&nbsp; the global <strong>financial services market<\/strong> received over $25 billion in funding. <sup>[6]<\/sup><\/li>\n\n\n\n<li><strong>60% of credit unions<\/strong> and<strong> 49% of banks<\/strong> in the US state that<strong> fintech<\/strong> partnerships are important. <sup>[3]<\/sup><\/li>\n\n\n\n<li><strong>Up to 28% of banking and payment services<\/strong> are at risk of disruption due to new fintech business models. <sup>[9]<\/sup><\/li>\n\n\n\n<li>Companies that <strong>use <\/strong>automation for banking tasks reported getting returns on investment of <strong>100% within three to eight months.<\/strong> <sup>[10]<\/sup><\/li>\n\n\n\n<li>According to the latest statistics, the <strong>fintech industry<\/strong> is worth <strong>about $226.76 billion<\/strong>. <sup>[12]<\/sup><\/li>\n\n\n\n<li>Fintech is expected to reach <strong>$917.17 billion <\/strong>by <strong>2032<\/strong>, growing at a <strong>CAGR of 16.8%<\/strong>. <sup>[12]<\/sup><\/li>\n\n\n\n<li><strong>Global fintech industry<\/strong> revenue has nearly doubled from<strong> $90.5 billion<\/strong> in 2017. <sup>[13]<\/sup><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"fintech-market-share-by-regions\">Fintech Market Share By Regions<\/h2>\n\n\n\n<p>&nbsp;In the US and Canada, the biggest fintech segment is digital payment, valued at over<strong> $1.2 trillion in 2021<\/strong>. <sup>[21]&nbsp;<\/sup><\/p>\n\n\n\n<p>There were <strong>8,775 fintech startups<\/strong> in America in 2021. <sup>[21]<\/sup><\/p>\n\n\n\n<p><strong>Asia-Pacific fintech startups<\/strong> were numbered at <strong>4,765 in 2020<\/strong>. <sup>[22]<\/sup><\/p>\n\n\n\n<p><strong>Europe, the Middle East, and Africa <\/strong>had a combined total of <strong>7,835 fintech startups in 2020<\/strong>. <sup>[22]<\/sup><\/p>\n\n\n\n<p>By the end of 2024<strong>, China and the US<\/strong> are estimated to account for more than <strong>61%<\/strong> of the <strong>global fintech transaction value<\/strong>. <sup>[21]<\/sup><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"fintech-investment-statistics\">Fintech Investment Statistics<\/h2>\n\n\n\n<p>The<strong> fintech industry<\/strong> investments have nearly<strong> reduced to half <\/strong>in 2023. <sup>[14]<\/sup><\/p>\n\n\n\n<p>Here we have reviewed the growth of investments in fintech over the last decade:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th><strong>Year<\/strong><\/th><th><strong>Value of Investments<\/strong><\/th><\/tr><\/thead><tbody><tr><td>2010<\/td><td>$9 billion<\/td><\/tr><tr><td>2011<\/td><td>$6 billion<\/td><\/tr><tr><td>2012<\/td><td>$4 billion<\/td><\/tr><tr><td>2013<\/td><td>$18.9 billion<\/td><\/tr><tr><td>2014<\/td><td>$51.2 billion<\/td><\/tr><tr><td>2015<\/td><td>$64.9 billion<\/td><\/tr><tr><td>2016<\/td><td>$73.7 billion<\/td><\/tr><tr><td>2017<\/td><td>$59.2 billion<\/td><\/tr><tr><td>2018<\/td><td>$148.6 billion<\/td><\/tr><tr><td>2019<\/td><td>$216.8 billion<\/td><\/tr><tr><td>2020<\/td><td>$123.3 billion<\/td><\/tr><tr><td>2021<\/td><td>$225.8 billion<\/td><\/tr><tr><td>2022<\/td><td>$196.6 billion<\/td><\/tr><tr><td>2023<\/td><td>$113.7 billion<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><em>Source: <a href=\"https:\/\/www.statista.com\/statistics\/719385\/investments-into-fintech-companies-globally\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Statista<\/a><\/em><\/figcaption><\/figure>\n\n\n\n<p>The total value of investments into fintech companies worldwide increased drastically between <strong>2010 ($9 billion) and 2019 ($216.8 billion)<\/strong>. <sup>[20]<\/sup><\/p>\n\n\n\n<p><strong>The highest value<\/strong> of investments was seen in 2021 (<strong>225.8 billion<\/strong>). <sup>[20]<\/sup><\/p>\n\n\n\n<p>The <strong>global funding value<\/strong> stood at<strong> $113.7 billion<\/strong> in <strong>2023<\/strong>. <sup>[20]<\/sup><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"impact-of-covid-on-fintech\">Impact of Covid on Fintech<\/h2>\n\n\n\n<p><em>Did the fintech industry saw a downfall during Covid, like other industries?<\/em><\/p>\n\n\n\n<p><em>Not really! Situations were a bit different for fintech.<\/em><\/p>\n\n\n\n<p>Almost every type of <strong>fintech vertical<\/strong> (digital lending, digital payments, or insurtech) <strong>grew <\/strong>in the<strong> first half<\/strong> of 2020. <sup>[18]<\/sup><\/p>\n\n\n\n<p><strong>Retail-facing fintech<\/strong> firms saw an average increase of<strong> 47% in gross values<\/strong> transacted in 2020. <sup>[18]<\/sup><\/p>\n\n\n\n<p><strong>Digital payment and digital lending firms <\/strong>saw <strong>the largest growth<\/strong> during the pandemic. <sup>[18]<\/sup><\/p>\n\n\n\n<p><strong>Globally, 55%<\/strong> of the people who used digital payments during the pandemic were lower-income. <sup>[18]<\/sup><\/p>\n\n\n\n<p>It is reported that the <strong>use of fintech apps<\/strong> in Europe rose by<strong> 72% <\/strong>due to lockdown orders that attempted to limit the spread of Covid. <sup>[19]<\/sup><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"fintech-and-ai-statistics\">Fintech And AI Statistics<\/h2>\n\n\n\n<p><strong>About 90%<\/strong> of<strong> global fintech companies<\/strong> are using AI. <sup>[15]&nbsp;<\/sup><\/p>\n\n\n\n<p><strong>B2B<\/strong> businesses are<strong> 24% more likely<\/strong> to use <strong>AI content generation tools<\/strong> compared to <strong>B2C<\/strong>. <sup>[15]<\/sup><\/p>\n\n\n\n<p>The<strong> insurance industry <\/strong>is estimated to save about<strong> $1.3 billion<\/strong> via AI. <sup>[16]<\/sup><\/p>\n\n\n\n<p><strong>AI or machine learning fraud detection algorithms<\/strong> are estimated to <strong>minimize<\/strong> the time of fraud investigations by<strong> 70% <\/strong>while<strong> increasing accuracy<\/strong> by <strong>90%.<\/strong> <sup>[17]<\/sup><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"vc-fintech-funding-statistics\">VC Fintech Funding Statistics<\/h2>\n\n\n\n<p><strong>Venture capital<\/strong> investment has gone up to <strong>$40 billion<\/strong> per year. <sup>[24]<\/sup><\/p>\n\n\n\n<p>The<strong> largest portion of fintech VC funding<\/strong> was carried out in the US. <sup>[24]<\/sup><\/p>\n\n\n\n<p><strong>Capital markets<\/strong> received the <strong>largest number of VC<\/strong> funding (<strong>$8.07 billion<\/strong>) in the last few years. <sup>[25]<\/sup><\/p>\n\n\n\n<p>Next in line to receive <strong>VC funding<\/strong> is the payments sector with<strong> $6.03 billion.<\/strong> <sup>[25]<\/sup><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"900\" src=\"https:\/\/dev.jobera.com\/resources\/wp-content\/uploads\/2024\/03\/fintech-VC-funding-stats.jpg\" alt=\"VC funding within the fintech industry in billion\" class=\"wp-image-14930\" srcset=\"https:\/\/jobera.com\/resources\/wp-content\/uploads\/2024\/03\/fintech-VC-funding-stats.jpg 800w, https:\/\/jobera.com\/resources\/wp-content\/uploads\/2024\/03\/fintech-VC-funding-stats-267x300.jpg 267w, https:\/\/jobera.com\/resources\/wp-content\/uploads\/2024\/03\/fintech-VC-funding-stats-768x864.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<p><em>Source: <a href=\"https:\/\/www.cbinsights.com\/research\/report\/fintech-trends-q1-2021\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">CB Insights<\/a><\/em><\/p>\n\n\n\n<p>The <strong>overall VC funding<\/strong> in fintech has <strong>more than doubled<\/strong> between 2020 and 2021. <sup>[24]<\/sup><\/p>\n\n\n\n<p>In 2014 the<strong> VC funding in fintech<\/strong> was<strong> $8 billion<\/strong>. <sup>[24]<\/sup><\/p>\n\n\n\n<p><strong>2015<\/strong> saw a significant rise of <strong>$17.3 billion<\/strong>. <sup>[24]<\/sup><\/p>\n\n\n\n<p><strong>Fintech <\/strong>received <strong>$49.9 billion<\/strong> in VC funding in 2020. <sup>[24]<\/sup><\/p>\n\n\n\n<p>The<strong> first half<\/strong> of 2023 received<strong> $27.3 billion<\/strong> in VC funding. <sup>[24]<\/sup><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Year<\/th><th>VC Funding<\/th><th>No. of deals<\/th><\/tr><\/thead><tbody><tr><td>2014<\/td><td>$8 billion<\/td><td>&#8211;<\/td><\/tr><tr><td>2015<\/td><td>$17.3 billion<\/td><td>&#8211;<\/td><\/tr><tr><td>2016<\/td><td>$20.4 billion<\/td><td>&#8211;<\/td><\/tr><tr><td>2017<\/td><td>$23.4 billion<\/td><td>2,348<\/td><\/tr><tr><td>2018<\/td><td>$53.2 billion<\/td><td>3,226<\/td><\/tr><tr><td>2019<\/td><td>$45.6 billion<\/td><td>3,650<\/td><\/tr><tr><td>2020<\/td><td>$49.9 billion<\/td><td>3,995<\/td><\/tr><tr><td>2021<\/td><td>$122.9 billion<\/td><td>6,623<\/td><\/tr><tr><td>2022<\/td><td>$88.3 billion<\/td><td>6,128<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><em>Source: <a href=\"https:\/\/www.statista.com\/statistics\/1254781\/vc-backed-funding-worldwide-fintech\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Statista<\/a><\/em><\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"leading-fintech-companies\">Leading Fintech Companies<\/h2>\n\n\n\n<p><em>Largest fintech company?<\/em><\/p>\n\n\n\n<p><em>Who made it to the list?<\/em><\/p>\n\n\n\n<p><strong>Visa<\/strong> is the<strong> largest fintech company<\/strong> by market cap. <sup>[23]<\/sup><\/p>\n\n\n\n<p>Followed by <strong>mastercard with a $389 billion valuation<\/strong>. <sup>[23]<\/sup><\/p>\n\n\n\n<p><strong>Almost half of the top 20 fintech<\/strong> companies by market cap are based in the<strong> US<\/strong>. <sup>[23]<\/sup><\/p>\n\n\n\n<p>According to recent reports, here is the list of top 20 fintech companies by their market value:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Rank<\/th><th>Company<\/th><th>Country<\/th><th>Market Cap<\/th><\/tr><\/thead><tbody><tr><td><\/td><td><\/td><td><\/td><td><\/td><\/tr><tr><td>1<\/td><td>Visa<\/td><td>United States<\/td><td>$555 billion<\/td><\/tr><tr><td>2<\/td><td>Mastercard<\/td><td>United States<\/td><td>$428 billion<\/td><\/tr><tr><td>3<\/td><td>Intuit<\/td><td>United States<\/td><td>$184 billion<\/td><\/tr><tr><td>4<\/td><td>Tencent<\/td><td>China<\/td><td>$139 billion<\/td><\/tr><tr><td>5<\/td><td>Fiserv<\/td><td>United States<\/td><td>$87 billion<\/td><\/tr><tr><td>6<\/td><td>Ant Financial<\/td><td>China<\/td><td>$79 billion<\/td><\/tr><tr><td>7<\/td><td>PayPal<\/td><td>United States<\/td><td>$64 billion<\/td><\/tr><tr><td>8<\/td><td>Adyen<\/td><td>Netherlands<\/td><td>$50 billion<\/td><\/tr><tr><td>9<\/td><td>Stripe<\/td><td>Ireland<\/td><td>$50 billion<\/td><\/tr><tr><td>10<\/td><td>Nubank<\/td><td>Brazil<\/td><td>$42 billion<\/td><\/tr><tr><td>11<\/td><td>Square<\/td><td>United States<\/td><td>$41 billion<\/td><\/tr><tr><td>12<\/td><td>Coinbase<\/td><td>United States<\/td><td>$34 billion<\/td><\/tr><tr><td>13<\/td><td>Chime<\/td><td>United States<\/td><td>$25 billion<\/td><\/tr><tr><td>14<\/td><td>Polygon<\/td><td>India<\/td><td>$20 billion<\/td><\/tr><tr><td>15<\/td><td>Revolut<\/td><td>United Kingdom<\/td><td>$20 billion<\/td><\/tr><tr><td>16<\/td><td>Ripple<\/td><td>United States<\/td><td>$15 billion<\/td><\/tr><tr><td>17<\/td><td>UIPath<\/td><td>Romania<\/td><td>$15 billion<\/td><\/tr><tr><td>18<\/td><td>Blockchain.com<\/td><td>Luxembourg<\/td><td>$14 billion<\/td><\/tr><tr><td>19<\/td><td>Grab<\/td><td>Singapore<\/td><td>$15 billion<\/td><\/tr><tr><td>20<\/td><td>Plaid<\/td><td>United States<\/td><td>$13.4 billion<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><em>Source: <a href=\"https:\/\/courses.cfte.education\/ranking-of-largest-fintech-companies\/?_ga=2.170190376.942962545.1631026255-1594612315.1630590050\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">CFTE<\/a><\/em><\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"fintech-consumer-adoption-statistics\">Fintech Consumer Adoption Statistics<\/h2>\n\n\n\n<p><em>Have you adopted fintech in your lives?<\/em><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>90%<\/strong> of<strong> Chinese<\/strong> citizens use<strong> fintech banking, payment, and financial management solutions<\/strong>. <sup>[26]<\/sup><\/li>\n\n\n\n<li><strong>US personal loan agreements<\/strong> using fintech have<strong> increased by 33%<\/strong>. <sup>[27]<\/sup><\/li>\n\n\n\n<li><strong>China<\/strong> led the way in terms of<strong> fintech banking and payment<\/strong> adoption in 2019 with<strong> 92%<\/strong>. <sup>[27]<\/sup><\/li>\n\n\n\n<li><strong>Between 2013 and 2018<\/strong> there was a year-over-year growth from <strong>5% to 38%<\/strong>. <sup>[28]<\/sup><\/li>\n\n\n\n<li>As of 2022, about <strong>65.3%<\/strong> of the US population <strong>uses digital banking<\/strong>. <sup>[28]<\/sup><\/li>\n<\/ol>\n\n\n\n<div class=\"wp-block-columns has-background is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\" style=\"background-color:#fff9ed\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p><strong>If you found this article interesting, you might enjoy these too:<\/strong><\/p>\n\n\n<p>[related_posts_by_tax taxonomies=&#8221;category,post_tag&#8221; posts_per_page=&#8221;5&#8243; orderby=&#8221;post_modified&#8221; title=&#8221;&#8221;]<\/p>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"fa-qs\">FAQs&nbsp;<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"how-much-of-the-global-population-used-at-least-one-fintech-app-in-2019\">How much of the global population used at least one fintech app in 2019?<\/h3>\n\n\n\n<p>Approximately 64% of the global population used at least one fintech app in 2019.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"which-fintech-product-holds-the-largest-market-share-and-how-much-is-it\">Which fintech product holds the largest market share, and how much is it?<\/h3>\n\n\n\n<p>Digital payment holds the largest market share, constituting 25% of the fintech market.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"what-was-the-global-funding-value-for-fintech-in-2023\">What was the global funding value for fintech in 2023?<\/h3>\n\n\n\n<p>The global funding value for fintech stood at $113.7 billion in 2023.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"what-percentage-of-the-us-population-uses-digital-banking-as-of-2022\">What percentage of the US population uses digital banking as of 2022?<\/h3>\n\n\n\n<p>As of 2022, approximately 65.3% of the US population uses digital banking.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"how-does-the-consumer-adoption-of-fintech-vary-globally\">How does the consumer adoption of fintech vary globally?<\/h3>\n\n\n\n<p>90% of Chinese citizens use fintech banking, payment, and financial management solutions. In the US, personal loan agreements using fintech have increased by 33%, showcasing diverse adoption trends globally.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"conclusion\">Conclusion&nbsp;<\/h2>\n\n\n\n<p>The fintech industry continues its remarkable growth, driven by digital payments, AI integration, and a surge in global adoption. Despite the challenges posed by the Covid pandemic, fintech not only weathered the storm but flourished, particularly in areas like digital payments and lending.&nbsp;<\/p>\n\n\n\n<p>As venture capital funding reaches unprecedented levels and the industry landscape evolves, key players like Visa, Mastercard, and others are shaping the future of finance.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"sources\">Sources<\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Marketscreener. <a href=\"https:\/\/www.marketscreener.com\/INDUSTRIAL-AND-COMMERCIAL-6499173\/news\/2019-Global-Financial-Services-Market-Research-Reports-Industry-Analysis-28976337\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">US $26.5 trillion in 2022<\/a><\/li>\n\n\n\n<li>Cbinsights.<a href=\"https:\/\/www.cbinsights.com\/research\/report\/fintech-trends-q2-2019\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"> Global fintech report<\/a><\/li>\n\n\n\n<li>Finances online. <a href=\"https:\/\/financesonline.com\/fintech-statistics\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">81 Key Fintech Statistics 2024: Market Share &amp; Data Analysis<\/a><\/li>\n\n\n\n<li>McKinsey &amp; Company. <a href=\"https:\/\/www.mckinsey.com\/industries\/financial-services\/our-insights\/cutting-through-the-noise-around-financial-technology\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Cutting through the noise around financial technology<\/a><\/li>\n\n\n\n<li>EY. <a href=\"https:\/\/www.ey.com\/en_gl\/financial-services\/eight-ways-fintech-adoption-remains-on-the-rise\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Eight ways FinTech adoption remains on the rise<\/a><\/li>\n\n\n\n<li>Report linker. <a href=\"https:\/\/www.reportlinker.com\/p06277918\/Financial-Services-Global-Market-Report.html?utm_source=GNW\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Worldwide Monetary Systems Overview: Projections for 2023<\/a><\/li>\n\n\n\n<li>Research and Markets. <a href=\"https:\/\/www.researchandmarkets.com\/reports\/5031390\/global-fintech-market-by-technology-api-ai\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Global Fintech Market 2020<\/a><\/li>\n\n\n\n<li>IndustryArc. <a href=\"https:\/\/www.industryarc.com\/Report\/18381\/fintech-market.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">FinTech Market \u2013 Forecast (2021 \u2013 2026)<\/a>.<\/li>\n\n\n\n<li>PwC. <a href=\"https:\/\/www.pwc.com\/gx\/en\/financial-services\/assets\/pdf\/technology2020-and-beyond.pdf\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Financial Services Technology 2020 and Beyond<\/a><\/li>\n\n\n\n<li>Fortunly. <a href=\"https:\/\/fortunly.com\/statistics\/blockchain-statistics\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">45 Blockchain Statistics &amp; Facts That Will Make You Think: The Dawn of Hypercapitalism<\/a><\/li>\n\n\n\n<li>Grand View Research. <a href=\"https:\/\/www.grandviewresearch.com\/industry-analysis\/regulatory-technology-market\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">RegTech Market Size, Share &amp; Trends Analysis Report&nbsp;<\/a><\/li>\n\n\n\n<li>EMR.<a href=\"https:\/\/www.expertmarketresearch.com\/reports\/fintech-market\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Global Fintech Market Size<\/a><\/li>\n\n\n\n<li>Deloitte. <a href=\"https:\/\/www2.deloitte.com\/content\/dam\/Deloitte\/nl\/Documents\/financial-services\/deloitte-nl-fsi-fintech-report-1.pdf\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Financial Service Report<\/a><\/li>\n\n\n\n<li>SPGlobal. <a href=\"https:\/\/assets.kpmg\/content\/dam\/kpmg\/xx\/pdf\/2022\/02\/pulse-of-fintech-h2-21.pdf\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Pulse of fintech 2021<\/a><\/li>\n\n\n\n<li>Siege Media. <a href=\"https:\/\/www.siegemedia.com\/strategy\/content-marketing-statistics\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">155 Must-Know Content Marketing Statistics for 2024<\/a><\/li>\n\n\n\n<li>Juniper Research. <a href=\"https:\/\/www.juniperresearch.com\/press\/global-ai-insurance-premiums-exceed-20-bn-2024\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Premiums to Grow by 1,500% over Next 5 Years<\/a><\/li>\n\n\n\n<li>The Business Research Company. <a href=\"https:\/\/www.thebusinessresearchcompany.com\/report\/ai-in-fintech-global-market-report\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">AI in Fintech<\/a><\/li>\n\n\n\n<li>Weforum. <a href=\"https:\/\/www.weforum.org\/reports\/global-covid-19-fintech-market-rapid-assessment-study\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Global COVID-19 FinTech Market Rapid Assessment Study<\/a><\/li>\n\n\n\n<li>Forbes. <a href=\"https:\/\/www.forbes.com\/sites\/simonchandler\/2020\/03\/30\/coronavirus-drives-72-rise-in-use-of-fintech-apps\/?sh=26b370cc66ed\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Coronavirus Drives 72% Rise In Use Of Fintech Apps<\/a><\/li>\n\n\n\n<li>Statista.<a href=\"https:\/\/www.statista.com\/statistics\/719385\/investments-into-fintech-companies-globally\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"> Value and number of investments in fintech worldwide from 2010 to 2023<\/a><\/li>\n\n\n\n<li>Statista. <a href=\"https:\/\/www.statista.com\/study\/44525\/fintech-report\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">FinTech Report 2021<\/a><\/li>\n\n\n\n<li>Statista. <a href=\"https:\/\/www.statista.com\/statistics\/893954\/number-fintech-startups-by-region\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Number of fintech worldwide from 2018 to 2024, by region<\/a><\/li>\n\n\n\n<li>CFTE. <a href=\"https:\/\/courses.cfte.education\/ranking-of-largest-fintech-companies\/?_ga=2.170190376.942962545.1631026255-1594612315.1630590050\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Largest Fintech Companies 2024<\/a><\/li>\n\n\n\n<li>Statista. <a href=\"https:\/\/www.statista.com\/statistics\/1254781\/vc-backed-funding-worldwide-fintech\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Value and number of venture capital (VC) investments in fintech worldwide from 2014 to 2023<\/a><\/li>\n\n\n\n<li>CB Insights. <a href=\"https:\/\/www.cbinsights.com\/research\/report\/fintech-trends-q1-2021\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">State Of Fintech Q1\u201921 Report: Investment &amp; Sector Trends To Watch<\/a><\/li>\n\n\n\n<li>Assets. <a href=\"https:\/\/assets.ey.com\/content\/dam\/ey-sites\/ey-com\/en_gl\/topics\/banking-and-capital-markets\/ey-global-fintech-adoption-index.pdf\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Global FinTech Adoption Index 2019<\/a><\/li>\n\n\n\n<li>Statista.<a href=\"https:\/\/www.statista.com\/statistics\/935629\/distribution-personal-loans-by-source-usa\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"> Share of personal loans granted in the United States from 2013 to 2018<\/a><\/li>\n\n\n\n<li>Capgemini. <a href=\"https:\/\/www.key4biz.it\/wp-content\/uploads\/2018\/09\/World-Retail-Banking-Report_2018.pdf\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">World Retail Banking Report 2018<\/a><\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Ever questioned the impact of fintech on your wallet? The fintech industry is currently worth about $226.76 billion, projected to\u2026<\/p>\n","protected":false},"author":6,"featured_media":14932,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[50],"tags":[24,198],"class_list":["post-14875","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-statistics","tag-finance","tag-industry"],"_links":{"self":[{"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/posts\/14875","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/comments?post=14875"}],"version-history":[{"count":0,"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/posts\/14875\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/media\/14932"}],"wp:attachment":[{"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/media?parent=14875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/categories?post=14875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/tags?post=14875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}