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Fintech Projected to Become a $1.5 Trillion Industry by 2030 Financial technology revenues are projected to grow sixfold from $245 billion to $1.5 trillion by 2030, according to a new report released today by Boston Consulting Group (BCG) and QED Investors. The fintech sector, which currently holds a 2% share of the $12.5 trillion in global financial services revenue, is estimated to grow up to 7%, of which banking fintechs are expected to constitute almost 25% of all banking valuations worldwide by 2030. The report, Global Fintech 2023: Rei...
Fintech Projected to Become a $1.5 Trillion Industry by 2030
Fintech Projected to Become a $1.5 Trillion Industry by 2030
Source: PR Agency
3/05/2023 3:09:02 PM
At $29 bn, Indian fintech sector now has 14% global funding share: Report  Indian fintech market has received $29 billion in funding across 2,084 deals to date (January 2017-July 2022), gaining 14 per cent share of the global funding and No 2 spot on the deal volume, a new report has said. India's CAGR in the fintech sector grew by 20 per cent, which was higher than that of the US, the UK, and China which witnessed a growth of 16 per cent, 15 per cent, and 10 per cent, respectively, according to 'State of the Fintech Union 2022' report by the Bo...
At $29 bn, Indian fintech sector now has 14% global funding share: Report
At $29 bn, Indian fintech sector now has 14% global funding share: Report
Source: IANS
23/08/2022 9:18:51 AM
Fintech platform Razorpay rejigs senior leadership team Fintech platform Razorpay on Wednesday appointed Murali Brahmadesam as head of engineering and chief technology officer. Ex-CTO and co-founder Shashank Kumar will now take on the new role of co-founder and managing director at the company. A veteran with more than two decades of experience, Brahmadesam earlier worked at Amazon and Microsoft in several technology and leadership roles. "With over an 800-member engineering team today, we are constantly working towards solving some of ...
Fintech platform Razorpay rejigs senior leadership team
Fintech platform Razorpay rejigs senior leadership team
Source: IANS
29/06/2022 10:46:02 AM
Funding crunch a talent crunch for fintechs; only the resilient will survive The story of fintech unicorns in India started way back in 2015 when Vijay Shekhar Sharma's Paytm became India's first fintech unicorn. Since then, as of June 2022, the total tally of fintech unicorns in India is 21, second only to ecommerce's 24 unicorns. Fintechs have been publicly talking about the gap in the talent available and the skill needed to grow the industry. However, the cash crunch will make the talent crunch worse. Only the tough ones will survive. Like a...
Funding crunch a talent crunch for fintechs; only the resilient will survive
Funding crunch a talent crunch for fintechs; only the resilient will survive
Source: IANS
27/06/2022 3:23:23 PM
UP favoured destination for Fintech companies Noida and Greater Noida have emerged as favourite destinations for setting up financial technology (Fintech) companies over the last four years. A Fintech City would soon be developed over 100 acres spread across Noida and Greater Noida. According to government spokesman, there are 239 Fintech start-ups in Noida. These are working largely in one or more of the four main fintech areas - digital lending, payments, blockchain and digital wealth management. Most companies are witnessing ...
UP favoured destination for Fintech companies
UP favoured destination for Fintech companies
Source: IANS
23/06/2022 12:55:23 PM
Financial technology represents unique opportunity for sustainable and inclusive growth: FM Nirmala Sitharaman While pitching for collaboration with the US in financial services and emerging technologies, Finance Minister Nirmala Sitharaman has said that financial technology (fintech) represents a unique opportunity for sustainable and inclusive growth. Finance Minister further noted that with a growth forecast of almost 8 per cent in FY 2023, India is likely to remain the world’s fastest growing major economy over the next few years, driven by the continued expansion of its technology and st...
Financial technology represents unique opportunity for sustainable and inclusive growth: FM Nirmala Sitharaman
Financial technology represents unique opportunity for sustainable and inclusive growth: FM Nirmala Sitharaman
Source: Accord Fintech
26/04/2022 2:09:05 PM
The Changing Landscape Of Fintech THE CHANGING LANDSCAPE OF FINTECH Financial technology or fintech refers to the technology-enabled financial solutions on offer today. The world of fintech has evolved with technological contributions increasing over time. While fintech originally started out with a focus on the development of infrastructure aimed at attending to all that financial globalization entailed, it expanded rapidly.   ANGEL BROKING’S EVOLVING ROSTER OF CLIENTS  The OG Clien...
The Changing Landscape Of Fintech
The Changing Landscape Of Fintech
Source: .
11/08/2021 4:44:18 PM
The Changing Landscape Of Fintech THE CHANGING LANDSCAPE OF FINTECH Financial technology or fintech refers to the technology-enabled financial solutions on offer today. The world of fintech has evolved with technological contributions increasing over time. While fintech originally started out with a focus on the development of infrastructure aimed at attending to all that financial globalization entailed, it expanded rapidly.   ANGEL BROKING’S EVOLVING ROSTER OF CLIENTS  The OG Clientele By 19...
The Changing Landscape Of Fintech
The Changing Landscape Of Fintech
Source: .
30/07/2021 9:35:23 PM