Fintech Projected to Become a $1.5 Trillion Industry by 2030

May 3, 2023 · 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 …

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Fintech Projected To Become A $1.5 Trillion Industry By 2030

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May 3, 2023 · 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 …

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Fintech Projected To Become A $1.5 Trillion Industry By 2030 - PR …

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NEW YORK, May 3, 2023 /PRNewswire/ -- 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 …

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Fintech Projected To Become A $1.5 Trillion Industry By 2030

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May 3, 2023 · 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 …

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Fintech Predicted To Become A $1.5 Trillion Industry By 2030

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May 4, 2023 · The fintech sector is expected to reach $1.5 trillion in annual revenue by 2030, constituting almost 25 per cent of all banking valuations worldwide, according to the Global …

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Fintech To Become A $1.5 Trillion Industry - Hedge Think

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Fintech revenues are projected to grow sixfold from $245 billion to $1.5 trillion by 2030, according to a report from Boston Consulting Group (BCG) and ... Fintech To Become A $1.5 Trillion …

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Fintech Revenues Forecast To Hit $1.5T By 2030 - Axios

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May 4, 2023 · Fintech revenues are projected to reach $1.5 trillion by 2030, according to a new report from Boston Consulting Group and QED Investors.. Why it matters: Despite last year's …

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The Future Of Fintech Growth | McKinsey - McKinsey & Company

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Oct 24, 2023 · We estimate this share could increase to more than $400 billion by 2028, 11 representing a 15 percent annual growth rate of fintech revenue between 2022 and 2028, …

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Fintech Projected To Become A $1.5 Trillion Industry By 2030

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May 4, 2023 · 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 …

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FAQs about Fintech Projected to Become a $1.5 Trillion Industry by 2030 Coupon?

How big is the FinTech industry by 2030?

Fintech revenues are projected to reach $1.5 trillion by 2030, according to a new report from Boston Consulting Group and QED Investors. Why it matters: Despite last year's turbulence, analysts remain bullish on the fintech industry and expect it to pick up a significant share of global financial services revenue by the end of the decade. ...

How big is the fintech sector?

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. ...

Will the FinTech industry pick up a significant share of global financial services?

Why it matters: Despite last year's turbulence, analysts remain bullish on the fintech industry and expect it to pick up a significant share of global financial services revenue by the end of the decade. By the numbers: The report projects fintech revenues are expected to grow sixfold by the end of the decade, from $245 billion in 2021. ...

How fast will the FinTech industry grow in 2023?

McKinsey’s research shows that revenues in the fintech industry are expected to grow almost three times faster than those in the traditional banking sector between 2023 and 2028. These trends are also coinciding with—and in many ways catalyzing—the maturation of the fintech industry. ...

Will Asia-Pacific become the world's top fintech market by 2030?

Historically an underpenetrated market with nearly $4 trillion in financial services revenue pools, Asia-Pacific (APAC) is poised to outpace the US and become the world’s top fintech market by 2030, with a projected compound annual growth rate (CAGR) of 27%. ...

How much will fintech revenue grow by 2028?

We estimate this share could increase to more than $400 billion by 2028, 11 representing a 15 percent annual growth rate of fintech revenue between 2022 and 2028, three times the overall banking industry’s growth rate of roughly 6 percent (Exhibit 1). Emerging markets will fuel much of this revenue growth. ...