An Overview of the Fintech Industry: Application Types and Trends
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Fintech is a broad term that refers to all the technological advancements in the financial sector. It's not overstatement to declare that the fintech market is huge. 41 finttech companies that are supported by venture capitalists are worth $154.1 billion. The market has proven that it is relevant in the wake of the pandemic. A majority of Americans use banking apps and online payments to manage their finances without having to leave the house or interfacing with others. The market is flourishing business with plenty of potentials of potential, however, without evidence without evidence, however.