Tag: emerging economies
HSBC leads $250m private loan in Hong Kong FinTech FundPark
Hong Kong-based FinTech company, FundPark, has secured a $250m private loan led by HSBC.
FinTech revenues predicted to reach $1.5trn by 2030
FinTech revenues are set to grow sixfold from $245bn to $1.5trn by 2030, according to a report from Boston Consulting Group (BCG) and QED Investors. The report suggests that the FinTech sector, which currently holds a 2% share of the $12.5trn in global financial services revenue, is estimated to grow up to 7%.