Revolutionising Bristol’s Fintech Industry With MVP Software As the saying goes, ‘Innovation is the key to success.’ And in Bristol’s flourishing fintech industry, innovation has taken centre stage with the introduction of Minimum Viable Product (MVP) software. This groundbreaking technology is revolutionising the way financial businesses operate, enhancing efficiency and productivity across the board. With…
Welcome to a fascinating journey through the world of Fintech Trends, a blog section dedicated to the ever-changing panorama of financial technologies. In an era where tradition is being rivaled by innovation, finance isn’t an exception. The newfound amalgamation of finance and technology represents a paradigm shift in how we approach monetary transactions, personal financing, banking and even concepts as radical as decentralised currency.
Fintech, short for financial technology, is forging a new way ahead by disrupting age-old, traditional financial systems with efficient, cost-effective and superior technological solutions. From simple peer-to-peer payment apps to crowdfunding, robo-advising and blockchains, fintech is altering the landscape of the financial sector on a monumental scale.
At a global level, the fintech market was valued at approximately $127.66 billion in 2018 and is expected to reach a value of nearly $309.98 billion by 2022, exhibiting an astounding compound annual growth rate (CAGR) of 24.8% during the period, according to MarketWatch.
Predicted to further accelerate post-pandemic, fintech is not only drawing the attention of consumers and businesses but is also a focal point for venture capital investments. As per the insights from KPMG, Fintech investment in 2019 globally stood at $135.7 billion, across 2,693 deals. Such staggering numbers further emphasise the significant ripple effect fintech is creating in the international financial scenario, making it essential for everyone to remain updated about its trends.
However, trends in Fintech are not isolated occurrences. They are heavily influenced by broader technological advancements, stringent or overhaul in regulatory policies, and, most importantly, changes in consumer behaviour. Therefore, it is crucial to keep a tab on overall technological, industrial and behavioural trends to fully appreciate what’s happening in the fintech world.
In the forthcoming blog posts, you will find intriguing aspects of Fintech Trends, including leading-edge developments, innovative solutions, case studies, and comprehensive analyses, among others. Cybersecurity in the world of digitised finance, the rise of neo-banks, potential of Artificial Intelligence and Machine Learning in financial services, the permitting landscape of regulatory technology (RegTech), are just the tip of the iceberg of the varied topics we will delve into.
Whether you are a startup, an established organisation, a fintech enthusiast, an investor, or merely a curious soul, this blog section is intended to feed your curiosity, provide insights and even spur debates around the ever-evolving fintech trends.
You are cordially invited to browse the Fintech Trends section of our blog or our blog in general to get a glimpse into the riveting world of fintech trends. For any query, feedback or discussion, feel free to contact MVP Developer. We would be delighted to engage in insightful exchanges around fintech and its pivotal role in shaping the future of finance.