FinTech’s productivity has raised almost US$110 billion since 2009
FinTech is a combination of technology and financial services that has been transforming the way businesses operate. Over the years, the FinTech industry has evolved in significant ways leading the transformation of companies towards a customer-centric business. FinTech industries have emerged over time by using cutting-edge technologies tailored for specific functions. Now that the FinTech industry is clearly more than a hype, the extent of execution achieved in an organization's strategy gathers importance.
According to the World FinTech Report 2018, an excess of 90% of FinTech firms said readiness and giving an upgraded client experience are vital to gain an upper hand, and over 76% referred to their capacity to grow new items and improve existing items and administrations as basic to progress.