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FinTech may be described as one of the first world problems, but the industry has helped millions of people living in rural areas of Kenya and India in extreme poverty by making financial services more affordable and accessible.
FinTech is the combination of Finance and Technology, and the term refers to applying new technologies to financial services. Since the first recorded use in 1974, FinTech has played a crucial role in every aspect of daily digital life with payment solutions.
The global Fintech industry is expected to be worth over USD 300 billion by 2022. Considering the market value of USD 127 billion in 2018, investing in the Fintech industry may be long-term potential with reasonable opportunities.
Seize the FinTech investment opportunities as innovation will remain a top priority.