The FinTech sector is thriving – the rise of investment in the sector is an indicator that it will continue to thrive in the coming years. An infographic from Savvy Beaver and startup Call Levels that presents the FinTech landscape in 2016 shows that the total global investment from 2010 to 2015 totaled is $49.7B; with $12.7B, that is 25%, invested in first and second quarters of the financial year 2015.
According to the same infographic, as you can see below, the most popular FinTech focus area is payments and lending (40%), which no long ago were solely restricted to a domain of the traditional banking system, followed by blockchain and cloud-based services.
It is impossible not to think about the future of financial technology and the way it will transform (and is already transforming) the banking system. According to Henri Arslanian, FinTech FinTech is shaping the future of banking in many ways, which he highlights during his TEDxWanChai Talk.
If you are passionate about financial technology and have innovative FinTech idea or project, don’t miss your chance to pitch it to some of the most prominent investors in Turkey and the MENA region at The Pitcher 2018. We are waiting for your applications!