Top 100 companies: FinTech

FinTech is a term used to describe the companies operating in the financial technology sector. It relates mainly to small start-up companies, which develop innovative technological solutions in such areas as online and mobile payments, big data, alternative finance, and financial management. In 2018, approximately 70 percent of senior banking executives said that collaborating with Fintechs and Bigtechs to create a new service was an important opportunity for banks. The revenue of the global fintech industry is forecast to increase annually between 2023 and 2027 by US$125.18 billion in total. Revenue growth slowed down in 2022, along with the investment activity, but picked up again in 2023, with an estimated global revenue of US$169.32 billion. This Company Insights data table shows essential KPIs of the world’s leading companies associated with the “FinTech” trend. It ranks them by overall revenue and includes household names such as Tencent Holdings and International Business Machines.