FinTech Startups in Asia Funding. FinTech Startups In A ‘Historic Moment’ Thanks To Asian Funding. In this century of exponential growth of new enterprises, finance has been a driver of global economy. Financial technology, aka FinTech, makes it ever more enabling for businesses – traditional and ventures alike – to thrive into a supreme state of commerce. The global adoption rate for FinTech – given as “number of users as a percentage of the digitally active population” – currently hovers around at 15.5%, and the top three cities in the league are New York (33.1%), Hong Kong (29.1%), and London (25.1%), according to Ernst & Young.
FinTech Startups In A ‘Historic Moment’ Thanks To Asian Funding
Goldman Sachs values the industry at US$4.7 trillion, and considering the superlative markups in valuations across FinTech startups. FinTech Startups In A ‘Historic Moment’ Thanks To Asian Funding. Crowdfunding, robo-trading, cross-border transactions, P2P lending, bitcoin and mobile and electronic payments are only some of the startups that have vastly enhanced the performance of financial operations across various consumer segments.