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Business Insider Intelligence
In recent years, we've seen a ballooning of activity in fintech — an expansive term applied to technology-driven disruptions in financial services. And 2018 has been no different, with fintechs' staggering influence on the market evidenced by record funding levels for the industry — by Q3 2018, overall funding was already up 82% from 2017’s total figure, according to CB Insights.
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See Also:
- Robinhood secured $200 million in funding despite fintechs in other segments struggling to remain operational
- American Express is acquiring Kabbage as it deepens its SMB push
- Financial Services Industry Overview in 2020: Trends, Statistics & Analysis
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