2017 was the year of the continuing Fintech Gold Rush. Global investment in Fintech was US$17.4 Billion last year, representing a jump of 11% from the year before. It is this continual upward trajectory that indicates that the sector is only going to continue to prosper.

Set for a dazzling rise worldwide, the Fintech marketscape, with an already staggeringly high number of users, is expected to rise to 3,586.9 Million users by 2022, taking estimated transaction value to US$4,256,202 Million just in 2018. Transaction value is projected to show an annual growth rate (CAGR 2018-2022) of 17%, reaching US$7,973,831 Million by 2022. Out of all the Fintech segments, the highest transaction value is foreseen as coming from digital payments, a mindboggling US$3,265,209 Million.

Mobile banking, peer-to-peer lending, cryptocurrencies, robo-advisory, and crowdfunding are all part of this revolution in the financial services sector.



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