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FINTECH INDUSTRY MARKET ANALYSIS

Fintech Industry Market, By FinTech Cards (Commercial Cards and Virtual Cards), By Solution (Payment & Fund Transfer, Lending Solutions, Insurance & Personal Finance, Wealth Management, Digital Banking, and Others (Remittance Solutions, and Crypto Solutions)), By Technology (Application Programming Interface (API), Big Data Analytics, Artificial Intelligence (AI), Blockchain, and Cybersecurity), By End User (Individual Consumers, Business FinTech, and Enterprise FinTech), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Key Developments

In March 2023, MANGOPAY and PayPal  taken the long-term strategic cooperation to a further level, enabling marketplaces with instant access to PayPal's international payment capabilities to establish one-stop-shops for end-consumers and emphasized the higher standard of services.

In May 2022, Mastercard Company  a global financial services company specializing in payment processing solutions entered into a cooperation agreement with Synctera, one of the best-known FinTech banking services. The companies have jointly partnered with account verification solutions for FinTechs powered by Synctera, utilizing Mastercard's open banking platform.

In March 2022, Envestnet a leading provider of wealth management technology and financial advisory services  teamed up with Productfy, the developer of a business-to-business fintech platform. This association will enable fintech creators using the product platform of Productfy to have direct access to Envestnet through one interface.

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