The State of Fintech in 2024
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The Financial Technology (Fintech) sector has transformed from a disruptive niche into a cornerstone of global finance. As of September 2024, the industry boasts a combined market capitalization of US $851.9 billion, marking a 41% rise since 2019. Despite recent market recalibrations, the sector’s long-term trajectory remains strong, underpinned by 576 Fintech unicorns collectively valued at US $2.2 trillion. Here we examine the key drivers behind Fintech’s rapid ascent, profiling the leading players, and analyze the evolving investment landscape that will shape its future trajectory from a global lens.
Rewiring Finance: Fintech’s Evolution and Market Power in 2024
Over the past two decades, the Fintech sector has evolved from a niche player into a disruptive force, fundamentally reshaping global
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