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305 bn USD Expected Value of Fintech Industry by 2023, Says Report

April 13, 2019

305 bn USD Expected Value of Fintech Industry by 2023, Says Report

As per a new report by ResearchandMarkets, the demand for financial and banking solutions on mobile devices is increasing considerably.  It said that traditional banks are investing heavily in new-age solutions to compete with modern fintech companies. This will drive the growth of the fintech market and push it to reach a value of 305.7 billion USD by 2023 at a CAGR of 22.17%, it said.

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