To shine in this demanding segment, seeking help from a professional Fintech app development company will be helpful. Some Major Fintech Market Insights that You Should Know in this presentation by Red Apple Technologies www.redappletech.com.

1. Exploring the
Global Fintech
Industry
Market Overview with Key
Highlights
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Presented by Red Apple Technologies

2. Introduction
The introduction of Fintech is empowering financial institutions to serve
their customers with cutting-edge solutions. Moreover, it is also allowing
them to explore immense possibilities to thrive in an ever-changing
technological landscape.
At present, the global market value of the fintech industry is $312.92 billion
which in 2029 is forecasted to witness an impressive revenue growth of
$608.35 billion. (Source: Mordor Intelligence). So to shine in this
demanding segment, seeking help from a professional Fintech app
development company will be helpful.
Now!
In this post, we will break into:

3. Some Major Fintech
Market Insights that You
Should Know

4. Asia Pacific Will Evolve as the
Top Fintech Market
01. 02. 03.
In 2030, the Asia Pacific region,
or APAC will evolve as the major
fintech hub of the world
with an estimated revenue
generation of $4 trillion.
During the same year, North
America will emerge as the second
largest fintech market in the world
with a revenue generation
figure of $520 billion.
While the UK and the European
Union nations will grow as the
third largest Fintech market
across the globe by 2030.
(Source: BCG)

5. A Substantial Rise in the Insurtech’s
Global Revenue
01. 02.
Presently, the global revenue generation
from the Insurtech segment is $7.87
billion. By 2030, it is estimated to witness
a robust growth of $152.43 billion
North America is currently leading the
Insurtech market across the globe with an
impressive share of 36.65 percent followed by
Europe, Asia Pacific, Latin America, and Middle
East countries. (Source: Grandview Research)

6. Fintech Startups Have Flourished
Impressively
01. 02.
In 2019, there used to be around 12,000
fintech startups. In 2024, the number of
fintech startups will reach the figure of
30,000. (Source: Exploding Topics).
So to grow your presence in this segment,
communicating with a leading Fintech app
development company will be useful.

7. Neobanks Will Witness a Massive
Revenue Surge
01. 02. 03.
Neobanks are one of the emerging
segments in the Fintech market.
These are new-age banks that do
not have a brick-and-mortar
setup and are involved in offering
mobile-friendly digital financial
solutions covering money
transfers, lending, investment and
expenditure management, etc.
By 2027, this segment is expected
to achieve an impressive revenue
growth of $9.2 Trillion (Source:
Nimble Appgenie). Many
enterprises are keen to invest in
this profitable sector, with the help
of an experienced Fintech app
development company.

8. Rise in the Population of
Digital Wallet Users
01. 02.
In 2022, the global population of digital
wallet users was 3.4 billion. By 2026, it
shall witness a massive growth of 5.2
billion. (Source: Capital One Shopping)
Similarly, revenue generated from the digital
wallet transaction across the world was $9
trillion in 2023 which is anticipated to touch
the amount of $16 trillion in 2028. (Source:
Capital One Shopping)

9. Conclusion
As the Fintech industry comprises huge and diverse
segments, there are plenty of options for various
enterprises and startups to attain impressive dividends.
If you are willing to participate in this evolving market, you
must establish contact with a leading app development
company to emerge successful. It will also help you to
explore top Fintech app ideas to emerge successful in this
market.

10. Thank
you very
much!
www.redappletech.com
Presented by Red Apple Technologies