Outlook for the Fintech-as-a-Service global market to 2030

by James · September 27, 2022

DUBLIN, 27 September 2022 /PRNewswire/ — “Global Fintech-as-a-Service Market Size, Share & Trends Analysis Report by Type (Payment, Fund Transfer, Loan), by Technology (Artificial Intelligence, Blockchain), by Application, by End-use , by Region and Segment Forecasts, 2022-2030” report has been added ResearchAndMarkets.com’s Offering.

The global fintech-as-a-service market size is expected to reach USD 949.49 billion by 2030, growing at a CAGR of 17.2% from 2022 to 2030. The growing adoption of financial technology-based solutions and platforms globally is expected to drive the growth of the market. The growing use of artificial intelligence, cloud-based software and big data integrated with financial services is expected to drive the growth of the fintech-as-a-service market.

The increasing use of smartphones for online transactions and fintech-related services through digital platforms is expected to drive the growth of the market. For example, about 44% of payments were made through a mobile app, according to statistics provided by Emizentech. Additionally, according to a recent study conducted by Tipalti Inc., 64% of consumers worldwide will use one or more fintech platforms as a service as of 2021.

The investments in financial technology companies are estimated to generate opportunities for market growth over the forecast period. For example, an API developer, Railsbank Technology Ltd, has raised USD 70 million in a fundraising event led by Anthos Capital, a US-based investment firm, i July 2021. The funds will be used to develop the company’s Fintech-as-a-service platform and to provide customers with various product development solutions.

The outbreak of the COVID-19 pandemic is expected to play a crucial role in driving the growth of the Fintech-as-a-Service platform market over the forecast period. The growing demand for digital financial services increased drastically during the pandemic. Financial institutions and banks looked at innovative ways to offer their services online during the pandemic which fueled the growth of the market.

Highlights of the Fintech-as-a-Service Market Report

The fund transfer segment is expected to witness the fastest growth during the forecast period. The fund transfers apps and software are introduced as MetaPay by some of the major companies worldwide is expected to drive the growth of the segment
The artificial intelligence segment is expected to witness the fastest growth over the forecast period. The segment growth is attributed to the growing use of AI among various SMEs worldwide for digital payment solutions
The KYC verification segment is expected to witness the fastest growth during the forecast period. The increasing fraud activities such as ransomware and identity theft is one of the main factors driving the growth in 2021
The insurance segment is expected to witness the fastest growth during the forecast period. In order to keep pace with consumers’ changing preferences, insurance companies offer flexible term products and adapt the offers to the customers’ needs. With this changing trend, insurers are adopting the Fintech-as-a-Service platform that is driving growth
The Asia Pacific is expected to witness the fastest growth during the forecast period. The growing demand for technology-based payment platforms across the region is expected to play a crucial role in driving the growth of the regional market

Key topics covered:

Chapter 1 Methodology and scope

Chapter 2 Summary

Chapter 3 Fintech-as-a-Service Industry Outlook
3.1 Market segmentation and scope
3.2 Market size and growth prospects
3.3 Fintech-as-a-Service market – value chain analysis
3.4 Fintech-as-a-Service Market – Market dynamics
3.4.1 Market driver analysis
3.4.1.1 Technological improvements in the Fintech sector
3.4.1.2 Increasing demands from venture capital companies in the Fintech sector
3.4.2 Market challenge analysis
3.4.2.1 Security issues related to Fintech-as-a-Service
3.5 Mapping penetration and growth prospects
3.6 Fintech-as-a-Service Market – Porter’s Five Forces Analysis
3.7 Fintech-as-a-Service Market – PESTEL Analysis

Chapter 4 FinTech Industry Highlights
4.1 Investor strategies
4.2 Investor vision and target analysis
4.3 Funding collected in voice assistant units
4.4 Investments made in self-checkout stores

Chapter 5 Investment landscape analysis
5.1 FinTech Ecosystem Overview
5.2 Overview of FinTech Services
5.3 Total FinTech Investment, 2017-2021 ($Billion)
5.4 FinTech Regulatory Outlook
5.5 FinTech Company Analysis – GVR DashBoard (Top 50 Companies)

Chapter 6 Fintech-as-a-Service Type Outlook
6.1 Fintech-as-a-Service Market Share by Type, 2021
6.2 Payment
6.2.1 Fintech as a payment service market, 2017 – 2030
6.3 Fund transfer
6.3.1 Fintech as a fund transfer services market, 2017 – 2030
6.4 Loans
6.4.1 Fintech as a loan service market, 2017 – 2030
6.5 Others
6.5.1 Fintech as others services market, 2017 – 2030

Chapter 7 Fintech-as-a-Service Technology Outlook
7.1 Fintech-as-a-Service Market Share by Technology, 2021
7.2 API
7.2.1 API Fintech-as-a-Service Market, 2017-2030
7.3 Artificial intelligence
7.3.1 Artificial Intelligence Fintech-as-a-Service Market, 2017-2030
7.4 RPA
7.4.1 RPA Fintech-as-a-Service Market, 2017-2030
7.5 Blockchain
7.5.1 Blockchain Fintech-as-a-Service Market, 2017-2030
7.6 Others
7.6.1 Other Technology Fintech-as-a-Service Market, 2017 – 2030

Chapter 8 Fintech-as-a-Service Application Outlook
8.1 Fintech-as-a-Service market share by application, 2021
8.2 KYC Verification
8.2.1 Fintech-as-a-Service Market in KYC Verification, 2017-2030
8.3 Fraud Monitoring
8.3.1 Fintech-as-a-Service Fraud Monitoring Market, 2017-2030
8.4 Compliance and regulatory support
8.4.1 Fintech-as-a-Service market for compliance and regulatory support, 2017-2030
8.5 Others
8.5.1 Fintech-as-a-Service Market in Others, 2017-2030

Chapter 9 Fintech-as-a-Service End Use Outlook
9.1 Fintech-as-a-Service market share by end-use, 2021
9.2 Banks
9.2.1 Fintech-as-a-Service market in banks, 2017–2030
9.3 Financial loan companies
9.3.1 Fintech-as-a-Service market in financial lending companies, 2017 – 2030
9.4 Insurance
9.4.1 Fintech-as-a-Service Market in Insurance, 2017 – 2030
9.5 Others
9.5.1 Fintech-as-a-Service Market in Others, 2017-2030

Chapter 10 Fintech-as-a-Service Regional Outlook

Chapter 11 Competitive analysis
11.1 Recent development and impact analysis, by key market participants
11.2 Company categorization
11.3 Supplier landscape
11.3.1 Key company market share analysis, 2021
11.4 Business Analysis Tool
11.4.1 The company’s market position analysis
11.4.2 Competitive Dashboard Analysis

Chapter 12 Competitive landscape
12.1 PayPal Holdings, Inc.
12.1.1 Company overview
12.1.2 Financial results
12.1.3 Product Benchmarking
12.1.4 Strategic initiatives
12.2 Block, Inc.
12.2.1 Company overview
12.2.2 Financial results
12.2.3 Product Benchmarking
12.2.4 Strategic initiatives
12.3 Mastercard Incorporated
12.3.2 Company overview
12.3.2 Financial performance
12.3.3 Product Benchmarking
12.3.4 Strategic initiatives
12.4 Envestnet, Inc.
12.4.1 Company overview
12.4.2 Financial results
12.4.3 Product Benchmarking
12.4.4 Strategic initiatives
12.5 Upstart Holdings, Inc.
12.5.1 Company overview
12.5.2 Financial performance
12.5.3 Product Benchmarking
12.5.4 Strategic initiatives
12.6 Rapyd Financial Network Ltd.
12.6.1 Company overview
12.6.2 Financial performance
12.6.3 Product Benchmarking
12.6.4 Strategic initiatives
12.7 Solid Financial Technologies, Inc.
12.7.1 Company overview
12.7.2 Financial performance
12.7.3 Product Benchmarking
12.7.4 Strategic initiatives
12.8 Railsbank Technology Ltd.
12.8.1 Company overview
12.8.2 Financial results
12.8.3 Product Benchmarking
12.8.4 Strategic initiatives
12.9 Syncetera Inc.
12.9.1 Company overview
12.9.2 Financial results
12.9.3 Product Benchmarking
12.9.4 Strategic initiatives
12.10 Braintree
12.10.1 Company overview
12.10.2 Financial results
12.10.3 Product Benchmarking
12.10.4 Strategic initiatives