5 Financial Technology (Fintech) Trends to Watch Out for in 2021 and Beyond

  • “According to technological growth statistics, there are approximately 4.88 billion mobile phone users across the globe as of January 2021. 62% of the world’s population owns mobile devices.
  • Over 69 million people use mobile payment services. Not only this, but also in the United States, in-store mobile payments are reaching $128 billion in 2021.
  • The progression in voice technology is expected to evolve from 8% to 31% by the year 2022. Also, it is estimated that robo-advisors are capable of managing an incredible $2 trillion in assets.
  • In 2019, open banking generated a revenue of $7.29 billion, and it is estimated that it will surpass the figure of $43.15 billion by the year 2026.”

https://www.google.com/amp/s/readwrite.com/2021/09/20/financial-technology-fintech-trends-to-watch-out-for-in-2021-and-beyond/amp/

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