Fintech Market Will Soar To $1T, Crypto Asset Management To Reach $3.1B: New Economic Titans
Portfolio Pulse from Khyathi Dalal
The Fintech as a Service (FaaS) industry is projected to grow from $260.7 billion in 2022 to $995.9 billion in 2032, while the Crypto Asset Management Market is expected to increase from $1.1 billion in 2023 to $3.1 billion by 2028. This growth is driven by high consumer demand for online and mobile banking services, and the evolution of asset management with rising investments in crypto funds. Companies mentioned in the FaaS space include Adyen, Block Inc, Envestnet Inc, Fidelity National Information Services Inc, Fiserv Inc, Mastercard Inc, Paypal Holdings Inc, and Dwolla.
September 06, 2023 | 4:44 pm
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POSITIVE IMPACT
Adyen is mentioned as a player in the growing FaaS industry.
As a part of the FaaS industry, Adyen is likely to benefit from the projected growth of the sector.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Envestnet Inc is mentioned as a player in the growing FaaS industry.
As a part of the FaaS industry, Envestnet Inc is likely to benefit from the projected growth of the sector.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Fiserv Inc is mentioned as a player in the growing FaaS industry.
As a part of the FaaS industry, Fiserv Inc is likely to benefit from the projected growth of the sector.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Fidelity National Information Services Inc is mentioned as a player in the growing FaaS industry.
As a part of the FaaS industry, Fidelity National Information Services Inc is likely to benefit from the projected growth of the sector.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Mastercard Inc is mentioned as a player in the growing FaaS industry.
As a part of the FaaS industry, Mastercard Inc is likely to benefit from the projected growth of the sector.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Paypal Holdings Inc is mentioned as a player in the growing FaaS industry.
As a part of the FaaS industry, Paypal Holdings Inc is likely to benefit from the projected growth of the sector.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Block Inc is mentioned as a player in the growing FaaS industry.
As a part of the FaaS industry, Block Inc is likely to benefit from the projected growth of the sector.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50