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Fintech-as-a-Service Platform Market Trends

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Report ID: 3964
Published Date: Aug 21, 2024
Report Format: PDF, PPT

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Fintech-as-a-Service Platform Market Trends

Growth Drivers

Growing Investments by Banks in Advanced Technologies
Rising Adoption of Smartphones for Money Transactions

Challenges

Lack of Awareness about the Platform in Lower Economic Regions

Fintech as a Service Market: Key Insights

Base Year	2023
Forecast Year	2024–2036
CAGR	17.6%
Base Year Market Size (2023)	USD 306.25 billion
Forecast Year Market Size (2036)	USD 2.51 trillion
Regional Scope	North America (U.S., and Canada) Latin America (Mexico, Argentina, Rest of Latin America) Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific) Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:

Fintech as a Service Market Size & Size, Growth Report 2036

Author Credits: Abhishek Verma

Report ID: 3964
Published Date: Aug 21, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of Fintech as a Service is estimated at USD 349.37 billion.

Fintech as a Service Market size was valued at USD 306.25 billion in 2023 and is set to cross USD 2.51 trillion by 2036, registering more than 17.6% CAGR during the forecast period i.e., between 2024-2036. The market growth is driven by growing investments by banks in advanced technologies, and rising adoption of smartphones for money transactions.

Asia Pacific industry is expected to account for largest revenue share by 2036, led by generation of large amount of data, and growing technological developments in the finance sector in the region.

The major players in the market are Synctera Inc., Fafnir LLC, Rapyd Financial Network (2016) Ltd., NEO TECHNOLOGIES, FISPAN, and others.

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