FinTech sector is comprised of various sectors including payments, money transfers, Robo-advisors and others. Startup trend has made a significant impact over business finance segment which is expected to reach almost 852 thousand startups by 2020. The US has witnessed a radical inclien in the FinTech investments which is driving FinTech market in the US. There are several other factors contributing in the US FinTech market growth including smartphone penetration, rise in online transactions, government initiatives and favouring policies, improved ICT technologies and many more. Financial sector which represents 7% of the US economy is the most influential factor for the start-ups.
Technological advancements uplifted investment opportunities in last five years with the introduction of technologies such as big data and machine learning. Robo advisors follow algorithm driven automated investment techniques. This technology based system reduces cost hence are priced lower than the traditional investment advisors. Digital payment attracted large percentage of population in the US and recorded most revenue generating segment driven by double digit growth of the e-commerce platform in the US.
The personal finance market represents P2P Lending and Robo Advisors. In the US, transactional value of the robo advisory space is based on the asset that robo advisors had under management while the transaction value in the P2P Lending has been considered based on the amount of loan disbursed. Business finance recorded remarkable growth in the US in last few years led by diversifies business options supported by start-up firms. FinTech companies support these start-ups by providing business lending or equity crowdfunding.
Key topics covered in the report:
- US Digital Payment Market Size by Transaction Value, 2010-2015
- Market Segmentation by Digital Commerce, P2P Money Transfers or Mobile Wallets
- US Digital Commerce Market Major Players
- US Mobile Wallet MarketSize
- US P2P Money Transfer Market Size and Competition
- US Robo Advisors Market Size and Future Outlook
Major companies covered in the report
Stripe, PayPal, Authorize.Net, Square, Apple Pay, Android Pay, Samsung Pay, Chase QuickPay, Venmo, Dwolla, Lending Club, SoFi, Prosper, Betterment, Wealthfront, Charles Schwab, Vanguard, Personal Capital, Funding Circle, Kabbage, OnDeck Capital, CAN Capital, EquityNet, Fundable, Angel List, Crowdfunder
Topics Covered in The Report
- Market Forecast Equity Crowd Funding,
- Market Growth Financial Technology,
- US Financial Technology Market,
- United States Market Trends Fintech,
- Business Lending Market Future ,
- Challenges Fintech Market,
- Pulse of Fintech,
- Top Financial Technology Market,
- Robo Advisors AUM US,
- Fintech Companies United States,
- Fintech Market Growth,
- United States Fintech ,
- Global Fintech Market,
- US Digital Payments Market,
- US Mobile Wallet Market ,
- Market Size Robo Advisors Market,
- Fintech Companies Growth,
- Digital Commerce Market,
- US P2P Lending Market
- Financial Services FinTech Industry,
- Mobile Payments Market ,
- Marketplace Lending Industry,
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