Financial and technology gurus have premeditated the exponential growth. A good example is Bitcoin and the other cryptocurrencies.
The world is embracing a new way of transacting and in the next few years, the traditional methods of doing business may become extinct.
The rise of FinTech is almost legendary. In 2010, companies were only testing the waters, everyone waiting to see what the industry would offer. By 2013, the sector makes a tremendous growth, moving in investments from $3Billion to over $12 Billion in 2014.
The growth did not stop there. By the end of Q2 of 2015, $12.7 Billion more had been invested and experienced by FinTech is one that has yet to be seen before.
2. Infographic: A closer look at the FinTech industry
•
Financial and technology gurus have premeditated the exponential
growth. A good example is Bitcoin and the other crypto currencies. The
world is embracing a new way of transacting and in the next few years, the
traditional methods of doing business may become extinct.
• The rise of FinTech is almost legendary. In 2010, companies were only
testing the waters, everyone waiting to see what the industry would offer.
By 2013, the sector makes a tremendous growth, moving in investments
from $3Billion to over $12 Billion in 2014. The growth did not stop at that
point. By the end of Q2 of 2015, $12.7 Billion more had been invested. The
growth experienced by FinTech is one that has yet to be seen before.
3. Infographic: A closer look at the FinTech industry
• FinTech’s favorite areas of focus include payment and lending and cloud
sourcing services. With the introduction of mobile transactions and the
bitcoin, consumers have more avenues for check out, which leads to the
growth of FinTech.
• More companies in the world, including Dell, DISH Network, Microsoft,
and Overstock have added bitcoin as one of the accepted methods of
checking out. The main ingredient to the tremendous growth of FinTech is
the promise of better, efficient services. The world is only asking for better
as opposed to what has been the norm.
4. Infographic: A closer look at the FinTech industry
• From the analysis, most of the investment is seen to be coming from the
US, followed by Europe and Asia in that order. In 2013, the US invested a
total $ 4.05 Billion in FinTech.
• By the end of 2014, the investment had grown to $9.89Billion and the
projections for 2015, by the end of Q2 were $12Billion. Europe and Asia
are not to be left behind and by the end of Q3 of 2015; the projected
growth in investments will be $4.4 billion and $3.5 billion respectively.
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5. Infographic: A closer look at the FinTech industry
• https://www.linkedin.com/pulse/infographic-closer-look-fintech-industry-
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• http://wesleyyuhnfintech.com/
• https://www.youtube.com/channel/UC6nrazoXKlTTKdunCfcduCw
• https://www.linkedin.com/in/wesleyyuhn
• https://twitter.com/wesleyyuhn1