Wednesday, 16 March 2016

Global FinTech Investment Market to grow at a CAGR of 54.83% during the period 2016 - 2020; Finds New Report

Global FinTech Investment Market 2016 - 2020

Report forecast the global FinTech investment market to grow at a CAGR of 54.83% during the period 2016-2020.

FinTech is a service based on financial applications. Over the years, the purview of FinTech has extended to include new and innovative front-end consumer products. Many FinTech start-up companies provide convenient solutions that are operable through hand-held portable devices directly to the customer through licensing, or white label them to existing financial service providers.

The report covers the present scenario and the growth prospects of the global FinTech investment market for 2016-2020. To calculate the market size, the report considers the total investments from the FinTech market reported from EMEA, APAC, and the Americas. The report also presents the vendor landscape and a corresponding detailed analysis of the top four vendors operating in the market.

The market is divided into the following segments based on technology:
  • P2P lending
  • Online acquiring and mobile wallets
  • Personal finance management or private financial planning
  • MSME services
  • MPOS
  • MobileFirst banking
  • Bitcoin
  • Crowdfunding
  • others

According to the report, FinTech companies are seeking the means to store, analyze, and search vast amounts of data. Such analysis would help them segment customer populations, identify opportunities for new products and services, and optimize pricing mechanisms. The use of big data and new data can improve investment decisions, and also help arrive at comprehensive credit scoring mechanisms. Also, the vast amount of data can contribute to managing risks in spotting outlier transactions that may indicate fraud or cyber security breaches, or may validate credit-worthiness decisions.

Further, the report states that in many developing nations, the concept of online payment is at its nascent stage. The mass market customers are unaware of the benefits of using such technologies. This is hindering market growth.

Global FinTech Investment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global FinTech Investment Market: Oscar, Qufenqi, Wealthfront, and ZhongAn.

Other Prominent Vendors in the market are: Atom Bank, Avant, Funding Circle, Klarna, and Kreditech.

Market driver
  • Big data and artificial intelligence
  • For a full, detailed list, view our report

Market challenge
  • Privacy and security concerns
  • For a full, detailed list, view our report

Market trend
  • Growing popularity of blockchain
  • For a full, detailed list, view our report

Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

Spanning over 63 pages and 43 Exhibit Global FinTech Investment Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Five forces analysis, Market segmentation by FinTech for technology, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

For more information Visit at: http://mrr.cm/JJR

Find all Banking IT report at : http://www.marketresearchreports.com/banking-it

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