FinTech Subsector Breakdown
Sectors
Overview
Key Trends
• Focuses on revolutionizing payment methods with faster, easier, more convenient, and secure ways of transferring money.
• Investors and FinTech organizations are increasingly focusing on regions like Africa, South America, and parts of Asia where digital payments are expanding. • Payment processing remains a top priority for investors, highlighting its continued importance. • Established insurers are acquiring insurtech companies to enhance their offerings. • Focus on seamlessly integrating insurtech solutions into existing systems. • Increased investment, particularly in regions with clear regulations. • Central Bank Digital Currencies (CBDCs) and stablecoins are gaining traction in different regions. • Growing focus on secure and reliable blockchain solutions catering to large institutions.
PaymentTech
• Leverages technology to transform the insurance industry by simplifying processes, personalizing policies, and automating claims processing.
InsurTech
• Uses blockchain technology—a decentralized digital ledger system—to generate new financial instruments like cryptocurrencies and facilitate secure and transparent transactions. • Potential applications are cross-border payments, smart contracts (self-executing agreements), and fractional ownership of assets.
Crypto/Blockchain
• Offers innovative solutions in borrowing and lending money.
• Focus on providing short-term financing and B2B payment solutions for businesses after D2C success.
Credit/Lending Tech
Source: FE Internal Analysis.
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