The Future of Global Fintech: From Rapid Expansion to Sustainable Growth – Second Edition
Fintech firms have evolved rapidly over the last two decades, securing their position alongside traditional financial institutions. In recent years, the COVID-19 pandemic served as an unprecedented accelerator, and the industry’s momentum has proven resilient since. With fintechs now central to the global financial system, and growth of the industry normalizing, it is essential to monitor key industry trends to ensure the sector’s continued and responsible development.
Fintech firms have evolved rapidly over the last two decades, securing their position alongside traditional financial institutions. In recent years, the COVID-19 pandemic served as an unprecedented accelerator, and the industry’s momentum has proven resilient since. With fintechs now central to the global financial system, and growth of the industry normalizing, it is essential to monitor key industry trends to ensure the sector’s continued and responsible development.
This second edition of the Future of Global Fintech report, developed in collaboration with the Cambridge Centre for Alternative Finance, provides a clear view of the current fintech landscape through new data on areas such as market performance, regulatory perception, technological innovation and contributions to financial inclusion. It builds on the first edition, The Future of Global Fintech: Towards Resilient and Inclusive Growth, as well as earlier studies focused on the impact of the pandemic on the fintech industry. Its insights are designed to support evidence-based decision-making by public- and private-sector leaders across the fintech ecosystem.
Research findings are based on a global survey of 240 carefully selected fintech companies across six retail-facing industry verticals and six regions.