Sponsored by FinTech Compliance Limited:
FinTech, short for financial technology, has experienced significant growth in the last few years with substantial investments developing each year.
FinTech is becoming more and more prominent in the financial sector. This infographic from FinTech compliance will walk you through some interesting facts and figures. For example, there has been a 120% increase of revenue across Europe, and a 51% increase of deals worldwide. There has been a massive 201% increase of investments into FinTech over the past year.
Employment has really increased in the last few years as well. California in the United States employs over 74,000 people which makes them the world’s highest employer in the FinTech industry followed by the United Kingdom, which employs over 61,000 people.