Fintech In Pakistan
More than 20% of the Financial Services business expected to be at risk to FinTech Companies by 2020
Driven by the exponential growth in digital devices and connectivity, consumers are spending more of their time online. This growth of has driven the entrance of multiple players in market offering consumers financial services online.
The global investment in financial technologies is expected to reach $46 Billion by the year 2020. The impact of FinTech will be felt across all financial services such as Retail Banking, Wealth/Asset Management, Stock Markets and Exchanges, Insurance, Payments and Transactions, Lending and Finance.