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Infographic: A closer look at FinTech Industry

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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.

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Infographic: A closer look at FinTech Industry

  1. 1. Infographic: A closer look at the FinTech industry
  2. 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. 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. 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. • Read More....Nordic StartUp Bits
  5. 5. Infographic: A closer look at the FinTech industry • https://www.linkedin.com/pulse/infographic-closer-look-fintech-industry- wesley-yuhn?trk=mp-reader-card • http://wesleyyuhnfintech.com/ • https://www.youtube.com/channel/UC6nrazoXKlTTKdunCfcduCw • https://www.linkedin.com/in/wesleyyuhn • https://twitter.com/wesleyyuhn1

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