The fintech industry welcomed multi-billion buck opportunities in 2019. Where may be the many development, and exactly how are incumbents working with electronic interruption?
January 28, 2020
Considering that the introduction regarding the very first bank card with a magnetic stripe in 1966, monetary technology has arrived a way that is long. Silicon Valley may not have birthed the word “fintech”, nonetheless it has undoubtedly helped catapult its applications in to the main-stream.
Leveraging anything from fundamental apps towards the blockchain, the changing characteristics of fintech are producing brand new investment possibilities everyday, growing its appetite with every brand new megadeal.
Today’s graphic from Raconteur shows the worldwide development of the fintech industry, the solutions because of the most staying energy, and major M&A developments of this previous 12 months as old-fashioned organizations scramble to cope with this disruption that is digital.