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Fintech Revenues to Push $638B in Next 5 Years: Report

Friday, May 17 2019

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Written by FinTech News Brief Staff

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Fintech Revenues to Push $638B in Next 5 Years: Report

Fintech revenues will hit $638 billion by 2024, up from $263 billion this year, according to new data from Juniper Research. So reports Yahoo Finance.

Big Data, machine learning and blockchain will drive the gains, reads the 'Fintech Futures: Leading Innovators, Segment Analysis & Regional Readiness 2019-2024' report. As these technologies become more mainstream, “incumbents” are either replicating fintech offerings, or partnering when they cannot.

Read the full article from Yahoo Finance.

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