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The potential of the advertising market is huge. Total spendings on advertising are expected to reach $630 billion by 2024. Although being successful in advertising is no longer possible without technologies (advertising technologies).

FinTech exosystem in now worth more than $226.7 billion. Driven by changes in customer needs, it experiences fierce competition. Yet, fighting your rivals isn’t necessarily the best strategy. Experts agree that partnering with other institutions can solidify your market position and benefit all parties.

For a long time traditional banks enjoyed headship in the financial sector across the globe. Now, with the rise of financial technology, banks have to compete with a rising number of FinTech companies that provide products and services in the niche areas of banking. 

As governments around the world are raising the regulatory pressure, compliance becomes one of the main challenges for FinTech startups. So what are the FinTech compliance regulations around the world and how can you use them to your advantage?

One of the first questions that people who want to develop a financial solution ask is “How much does it cost to build a fintech app?”. Although the request that can involve anything from creating a simple personal finance app to a feature-rich investment solution, everybody need to know the numbers. 

Financial technology is one of the fastest-growing markets with hundreds of startups fighting for a $324 billion prize. But with so many opportunities to choose from, which one shows the most promise for a FinTech startup?

Sixty years ago, the success of the bank could be measured by the size of the chandelier and the height of the ceiling in its headquarters. Now, a bank doesn’t even have to have a branch to thrive. What matters more is the kind of experience its customers get online.

This might come as a surprise, but FinTech is among the top industries that outsource despite high security and compliance requirements. After all, FinTech development outsourcing promises large cost savings amidst the recession fears. It also gives access to the talent and expertise needed to deliver a truly outstanding product.

Despite the pandemic, the FinTech sector managed to attract $44 billion of investments in 2020 – making it the third-best year in history. The Q1 of 2021 brought $22.8 billion in funding, more than half of the 2020’s overall investments. You might be wondering: why is FinTech growing so quickly?

When was the last time you got annoyed with how a particular financial institution works, or why it lacks a specific solution or service? If often, then you are not alone. Most people become extremely demanding as modern technology gets us used to speed, accessibility, and convenience. 

3 years ago, the US saw its first real estate transaction recorded on blockchain. The deal came as a part of a pilot program from Propy, a California-based property marketplace. Blockchain helps the company document every step of a transaction, from the showing of initial interest to inking the deal and transferring ownership rights.

2020 was a game-changing year for the FinTech market. The transition to online reshaped the industry and gave a huge lift to innovations. Banking became more business-oriented, payment cards gave way to mobile apps, transactions became more “invisible” – and that’s just a small part of how the FinTech industry is evolving.