In 2020, for nearly one quarter of Russian fintech companies, the lack of funding and difficulties attracting it were the main barriers to development. Furthermore, experts saw low digitalization and the lack of experienced personnel as obstacles for fintech growth in the country, named by 24 percent of respondents each.
Barriers and obstacles stopping fintech market development in Russia in 2020, by type
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Moscow Agency of Innovations. (June 25, 2020). Barriers and obstacles stopping fintech market development in Russia in 2020, by type [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1192688/barriers-to-fintech-development-in-russia/
Moscow Agency of Innovations. "Barriers and obstacles stopping fintech market development in Russia in 2020, by type." Chart. June 25, 2020. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1192688/barriers-to-fintech-development-in-russia/
Moscow Agency of Innovations. (2020). Barriers and obstacles stopping fintech market development in Russia in 2020, by type. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1192688/barriers-to-fintech-development-in-russia/
Moscow Agency of Innovations. "Barriers and Obstacles Stopping Fintech Market Development in Russia in 2020, by Type." Statista, Statista Inc., 25 Jun 2020, https://www.statista.com/statistics/1192688/barriers-to-fintech-development-in-russia/
Moscow Agency of Innovations, Barriers and obstacles stopping fintech market development in Russia in 2020, by type Statista, https://www.statista.com/statistics/1192688/barriers-to-fintech-development-in-russia/ (last visited November 22, 2024)
Barriers and obstacles stopping fintech market development in Russia in 2020, by type [Graph], Moscow Agency of Innovations, June 25, 2020. [Online]. Available: https://www.statista.com/statistics/1192688/barriers-to-fintech-development-in-russia/