North America and Asia-Pacific Lead the FinTech Revolution Global FinTech revenue growth by region, 2024 to 2030
North America 2.5x – $520B
Europe 3.0x – $190B
Africa 6.0x – $65B
APAC 4.0x – $600B
LatAm 6.0x – $125B
Growth multiple (X) - 2030 revenues ($B)
FinTech expansion is not uniform across the globe. North America , led by the US with its vast financial resources and room for innovation, is poised to remain the global FinTech leader. The US is projected to capture 32% of global FinTech revenue growth by 2030, driven by B2B solutions and monoline FinTech's expanding their offerings. Europe is expected to experience significant growth, driven by forward-looking regulations and strong growth in payments, embedded finance, and B2B solutions.
With over three-quarters of adults remaining underbanked, emerging markets are primed for future growth. Africa and the Middle East , with high mobile phone penetration but low bank access, are prime candidates for FinTech companies leapfrogging traditional banks. Asia-Pacific , driven by China and India's large unbanked populations, is expected to surpass the US as the world's biggest FinTech market by 2030. Latin America's FinTech markets are also on the rise, led by established players in Brazil and Mexico.
Source: BGC
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