FinTech in short “Financial Technology” is a concept of digitalizing financial services. FinTech’s main aim is to digitalize all the financial services to maintain transparency, increase the focus on customers & reduce the unwanted costs in the banking and finance sector. The global Fintech market reached a value of nearly $111B in 2019 and is expected to grow at a CAGR of 9.2% to nearly $158B by 2023.
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