Fintech Sector: Trends That Work in 2021

The FinTech industry is an ever-evolving landscape. With radical changes in experiences and the introduction of cutting-edge technologies, Fintech trends are impacting everything related to payments, money, and banking. Especially since the COVID-19 pandemic hit the world, there has been a massive surge in the industry as both businesses and the consumer sector started shifting their focus on contactless payments.

As per the new research studies from deVere Group, the pandemic lead to a rise of 72% in usage of FinTech apps in Europe; a similar pattern is observed in the United States. Based on another report, FinTech is a crucial aspect of the new normal, as believed by a majority of 73% of Americans. Interestingly, 67% of Americans plan to continue using FinTech solutions even after the situation normalizes.

Now that we’ve established the importance of Fintech in our ‘new normal world,’ read more here to our predictions and understanding of the Fintech trends revolutionizing the industry.