PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1455706
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1455706
United Kingdom Fintech Market Introduction and Overview
According to SPER market research, 'United Kingdom Fintech Market Size - By Service Proposition, By Technology, By User Type - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the United Kingdom Fintech Market is predicted to reach USD 35.86 billion by 2033 with a CAGR of 10.49%.
A financial technology company (Fintech) is a company that uses technology to improve, innovate, and optimize traditional financial processes in the financial services industry. Its objective is to make financial operations more user-friendly, efficient, and accessible to customers. It covers a broad spectrum of uses, such as online banking, mobile payments, insurance, and investment management. It affects many different businesses, such as peer-to-peer lending, robo-advisors for investing, crowdfunding, cryptocurrencies, and blockchain applications.
The transition to digital financial services was expedited by the pandemic. Because more and more companies and individuals are adopting online and mobile banking, financial technology platforms are becoming more and more essential. Additionally, as e-commerce, contactless payments, and digital wallets gained popularity during the epidemic, financial technology companies that provided payment and transaction processing services saw a rise in demand.
Scope of the Report:
Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Service Proposition, By Technology, By User Type
Regions covered Eastern Region, Western Region, Southern Region, Northern Region
Companies Covered Companies Covered Money Box, Monzo, Nutmeg, Payment Sense, Revolut, NRTC Group, Soldo, Starling Bank, WeGift.io, YoYo, Others.
United Kingdom Fintech Market Segmentation:
By Service Proposition: Based on the Service Proposition, United Kingdom Fintech Market is segmented as; Tomato, Cucumber, Bell Pepper, Lettuce.
By Technology: Based on the Technology, United Kingdom Fintech Market is segmented as; Strawberry, Raspberry, Others.
By User Type: Based on the User Type, United Kingdom Fintech Market is segmented as; Consumers, Businesses.
14. United kingdom Fintech Market, By Region, 2020-2033 (USD Million)