The fintech sector has experienced rapid growth in recent years, with the adoption of digital financial services increasing globally. As we look towards 2023, it’s clear that this trend will continue, with several key trends set to redefine the fintech space. Digital payments to see further adoption With a worldwide transactional value of $8,488bn in 2022, digital payments will continue to be the most significant fintech segment in 2023. With UAE as one of the leaders in the fintech space, rapidly establishing a solid base for the industry, the digital payments sector saw a transaction value of $26.28bn just in the region. This trend is set to continue, with the number of users in this segment projected to reach 7.90 million by 2027. The growth of digital payments can be attributed to the level of convenience and security and the increasing prevalence of mobile and online shopping. Furthermore, with the rise of e-commerce and the shift towards contactless payment methods due to the Covid-19 pandemic, digital payments will likely continue to be a key driver of growth in the fintech sector. The prevalence of alternative financing post Covid-19 Another trend in the fintech sector is the rise of alternative […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
