The global FinTech market is expected to be worth $305bn by 2025

Banks and financial services firms are driving the growth of the FinTech market towards being worth $305bn by 2025, according to new research.

That represents a compound annual growth rate of roughly 20%, the new research from Research and Markets show.

As more companies invest in better technology-based infrastructure, the customers are expected to anticipate the kind of digital services only new solutions can provide, driving the growth of the market further.

The researchers also expected that the AI-enabled segment of the market will grow at about 21% in the next five years.

North America is expected to keep its dominance of the FinTech market.

Copyright © 2020 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research


The following investor(s) were tagged in this article.