Fintech as a Service (FaaS) Market by Type (Banking, Payment, Insurance, Investment), Technology (AI, Blockchain, RPA, API), Application (Fraud Monitoring, KYC Verification, Compliance & Regulatory Support), End User & Region - Global Forecast to 2028
During the forecast period, the global FaaS market is anticipated to experience significant growth, with its market size expected to increase from USD 310.5 billion in 2023 to USD 676.9 billion by 2028, reflecting a robust compound annual growth rate of 16.9%. The growth trajectory of the FaaS market is being influenced by crucial factors driving its expansion. These include the AI and Blockchain technologies fueling the drive for innovation in the business landscape. Furthermore, the growing demand for compliance and regulatory solutions has fueled the adoption of FaaS solutions, providing organizations with the expertise and support needed to mitigate risks.
The increasing use of cloud computing technology has also driven the market, as organizations seek Faas solutions to meet the challenging requirements.
By type, the Payment segment holds the largest market size
The increasing adoption of digital payments and the rise of e-commerce have led to a surge in demand for efficient and secure payment solutions. Additionally, the shift towards cashless transactions and the growing popularity of mobile payment platforms have further propelled the growth of the payments segment. Moreover, advancements in technology, such as real-time payments, mobile wallets, and peer-to-peer transfers, have revolutionized the way people conduct financial transactions, driving the demand for fintech solutions in the payments sector.
Fintech payment solutions have promoted financial inclusion, particularly in underserved or unbanked populations. By leveraging mobile devices and digital platforms, fintech companies have enabled individuals to access financial services and participate in the digital economy. Consumer preferences have shifted towards convenient, fast, and secure payment options. Digital payment solutions are replacing traditional methods such as cash and checks due to their ease of use and accessibility. This has further fueled the growth of the payments segment in the FaaS market.
By technology, the blockchain segment to hold the largest market size during the forecast period
Blockchain provides transparency, immutability, and decentralization, making it highly appealing for fintech applications. These features are particularly beneficial in secure data storage, smart contracts, and digital identity verification. The potential cost savings, efficiency gains, and enhanced security provided by blockchain have propelled its adoption within the fintech sector. Furthermore, blockchain technology has gained significant traction in the financial industry, especially in transactions and settlements. By leveraging blockchain, fintech companies can offer faster, more secure, and cost-effective cross-border payments, remittances, and other financial transactions. The ability to streamline and secure financial operations has contributed to the growing market size of the blockchain segment.
Blockchain eliminates the need for intermediaries in financial transactions, reducing costs and enhancing operational efficiency. This decentralized approach to financial processes appeals to businesses and consumers alike, leading to increased adoption of blockchain solutions within the FaaS market.
By application, KYC verification to have the highest CAGR during the forecast period
Financial authorities across the globe impose strict KYC regulations to combat money laundering, fraud, and illicit activities. Fintech companies offering KYC verification services play a crucial role in helping financial institutions adhere to these regulatory requirements. As the regulatory landscape becomes more complex and stringent, there is a growing need for advanced and efficient KYC solutions, leading to the expansion of the market. Moreover, the increasing incidence of financial crimes and identity theft has necessitated enhanced customer identification and verification processes. Traditional manual methods for KYC checks are time-consuming, prone to errors, and expensive. Fintech companies leverage innovative technologies, such as artificial intelligence, machine learning, and biometric authentication, to provide automated and efficient KYC verification services. These solutions enable faster customer onboarding, reduced costs, and improved accuracy, making them highly attractive to financial institutions seeking streamlined compliance processes. The digital transformation in the financial industry has fueled the demand for remote and online services. With the rise of digital banking, fintech platforms, and mobile applications, there is a need for seamless and frictionless customer onboarding experiences. KYC verification services offered by fintech companies help facilitate secure and convenient customer identification and verification remotely. The combination of regulatory compliance, the need for advanced verification methods, and the demand for seamless digital onboarding experiences have propelled the KYC verification segment to become the largest market within the FaaS industry.
Breakdown of primaries
The study contains various industry experts’ insights, from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
The study includes an in-depth competitive analysis of the key players in the FaaS market, their company profiles, recent developments, and key market strategies.
Research Coverage
The report segments the FaaS market and forecasts its size by Type (Banking, Payment, Insurance, Investment, Lending, and Others), by Technology (AI, Blockchain, RPA, API, and Others), by Application (Fraud Monitoring, KYC Verification, Compliance & Regulatory Support and Others), by End User (Banks, Financial Institutes, Insurance Companies, and Others), and region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America).
The study also includes an in-depth competitive analysis of the market's key players, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall FaaS market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
The increasing use of cloud computing technology has also driven the market, as organizations seek Faas solutions to meet the challenging requirements.
By type, the Payment segment holds the largest market size
The increasing adoption of digital payments and the rise of e-commerce have led to a surge in demand for efficient and secure payment solutions. Additionally, the shift towards cashless transactions and the growing popularity of mobile payment platforms have further propelled the growth of the payments segment. Moreover, advancements in technology, such as real-time payments, mobile wallets, and peer-to-peer transfers, have revolutionized the way people conduct financial transactions, driving the demand for fintech solutions in the payments sector.
Fintech payment solutions have promoted financial inclusion, particularly in underserved or unbanked populations. By leveraging mobile devices and digital platforms, fintech companies have enabled individuals to access financial services and participate in the digital economy. Consumer preferences have shifted towards convenient, fast, and secure payment options. Digital payment solutions are replacing traditional methods such as cash and checks due to their ease of use and accessibility. This has further fueled the growth of the payments segment in the FaaS market.
By technology, the blockchain segment to hold the largest market size during the forecast period
Blockchain provides transparency, immutability, and decentralization, making it highly appealing for fintech applications. These features are particularly beneficial in secure data storage, smart contracts, and digital identity verification. The potential cost savings, efficiency gains, and enhanced security provided by blockchain have propelled its adoption within the fintech sector. Furthermore, blockchain technology has gained significant traction in the financial industry, especially in transactions and settlements. By leveraging blockchain, fintech companies can offer faster, more secure, and cost-effective cross-border payments, remittances, and other financial transactions. The ability to streamline and secure financial operations has contributed to the growing market size of the blockchain segment.
Blockchain eliminates the need for intermediaries in financial transactions, reducing costs and enhancing operational efficiency. This decentralized approach to financial processes appeals to businesses and consumers alike, leading to increased adoption of blockchain solutions within the FaaS market.
By application, KYC verification to have the highest CAGR during the forecast period
Financial authorities across the globe impose strict KYC regulations to combat money laundering, fraud, and illicit activities. Fintech companies offering KYC verification services play a crucial role in helping financial institutions adhere to these regulatory requirements. As the regulatory landscape becomes more complex and stringent, there is a growing need for advanced and efficient KYC solutions, leading to the expansion of the market. Moreover, the increasing incidence of financial crimes and identity theft has necessitated enhanced customer identification and verification processes. Traditional manual methods for KYC checks are time-consuming, prone to errors, and expensive. Fintech companies leverage innovative technologies, such as artificial intelligence, machine learning, and biometric authentication, to provide automated and efficient KYC verification services. These solutions enable faster customer onboarding, reduced costs, and improved accuracy, making them highly attractive to financial institutions seeking streamlined compliance processes. The digital transformation in the financial industry has fueled the demand for remote and online services. With the rise of digital banking, fintech platforms, and mobile applications, there is a need for seamless and frictionless customer onboarding experiences. KYC verification services offered by fintech companies help facilitate secure and convenient customer identification and verification remotely. The combination of regulatory compliance, the need for advanced verification methods, and the demand for seamless digital onboarding experiences have propelled the KYC verification segment to become the largest market within the FaaS industry.
Breakdown of primaries
The study contains various industry experts’ insights, from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
- By Company Type: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
- By Designation: C-level – 40%, Managerial and other levels– 60%
- By Region: North America – 38%, Asia Pacific – 26%, Europe – 21%, Middle East & Africa – 10%, and Latin America – 5%
The study includes an in-depth competitive analysis of the key players in the FaaS market, their company profiles, recent developments, and key market strategies.
Research Coverage
The report segments the FaaS market and forecasts its size by Type (Banking, Payment, Insurance, Investment, Lending, and Others), by Technology (AI, Blockchain, RPA, API, and Others), by Application (Fraud Monitoring, KYC Verification, Compliance & Regulatory Support and Others), by End User (Banks, Financial Institutes, Insurance Companies, and Others), and region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America).
The study also includes an in-depth competitive analysis of the market's key players, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall FaaS market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (the advent of cloud computing technology enabling flexibility and scalability in operations, driving innovation of AI and Blockchain, growing demand for streamlined compliance and regulatory solutions), restraints (complexity involved in the integration with legacy systems, issues related to the security and privacy of the data, the risk associated with geopolitical and macroeconomic factors), opportunities (increase in the shift towards digital banking and payments, leveraging technology to increase and improve operational efficiency, expansion of cross-border payments and remittances)and challenges (lack of interoperability and standardization, complexity and cost associated with financial regulations, scalability and infrastructure challenges of FaaS)
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the FaaS market.
- Market Development: Comprehensive information about lucrative markets – the report analyses the FaaS market across varied regions.
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the FaaS market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like PayPal (US), Mastercard (US), Fiserv (US), and Block (US), among others, in the FaaS market.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 MARKET SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 REGIONS COVERED
1.4 YEARS CONSIDERED
1.5 CURRENCY CONSIDERED
TABLE 1 USD EXCHANGE RATES, 2018–2022
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 FINTECH AS A SERVICE MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
2.1.2.1 Breakup of primary profiles
2.1.2.2 Key industry insights
2.2 DATA TRIANGULATION
FIGURE 2 RESEARCH FLOW
2.3 MARKET SIZE ESTIMATION
2.3.1 REVENUE ESTIMATES
FIGURE 3 APPROACH (SUPPLY SIDE): REVENUE OF PLATFORMS/SERVICES OF FINTECH AS A SERVICE VENDORS
FIGURE 4 SUPPLY-SIDE ANALYSIS APPROACH
2.4 MARKET FORECAST
TABLE 2 FACTOR ANALYSIS
2.5 IMPACT OF RECESSION AND RESEARCH ASSUMPTIONS
2.5.1 IMPACT OF RECESSION
2.5.2 RESEARCH ASSUMPTIONS
2.6 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
TABLE 3 FINTECH AS A SERVICE MARKET SIZE AND GROWTH RATE, 2017–2022 (USD MILLION, Y-O-Y)
TABLE 4 FINTECH AS A SERVICE MARKET SIZE AND GROWTH RATE, 2023–2028 (USD MILLION, Y-O-Y)
FIGURE 5 PAYMENT FAAS TO BE LARGEST MARKET IN 2023
FIGURE 6 BLOCKCHAIN TO BE LEADING FAAS TECHNOLOGY IN 2023
FIGURE 7 COMPLIANCE & REGULATORY SUPPORT TO BE LARGEST APPLICATION IN 2023
FIGURE 8 INSURANCE COMPANIES TO BE LEADING END USER IN 2023
FIGURE 9 NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARE
4 PREMIUM INSIGHTS
4.1 OPPORTUNITIES FOR FINTECH AS A SERVICE MARKET PLAYERS
FIGURE 10 INCREASE IN ADOPTION OF CLOUD COMPUTING AND DEMAND FOR DIGITAL FINANCIAL SERVICES TO DRIVE MARKET GROWTH
4.2 FINTECH AS A SERVICE MARKET, BY TYPE
FIGURE 11 PAYMENTS TO ACCOUNT FOR LARGEST SHARE AMONG TYPES THROUGH 2028
4.3 FINTECH AS A SERVICE MARKET, BY TECHNOLOGY
FIGURE 12 BLOCKCHAIN TO INCREASE ITS LEAD OVER OTHER FAAS TECHNOLOGIES BY 2028
4.4 FINTECH AS A SERVICE MARKET, BY APPLICATION
FIGURE 13 COMPLIANCE & REGULATORY SUPPORT TO REMAIN LARGEST APPLICATION THROUGH 2023
4.5 FINTECH AS A SERVICE MARKET, BY END USER
FIGURE 14 FINANCIAL INSTITUTES CLOSELY FOLLOW INSURANCE COMPANIES AS LEADING END USERS DURING FORECAST PERIOD
4.6 MARKET INVESTMENT SCENARIO
FIGURE 15 ASIA PACIFIC TO EMERGE AS BEST MARKET FOR INVESTMENTS IN NEXT FIVE YEARS
5 MARKET OVERVIEW AND INDUSTRY TRENDS
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 16 FINTECH AS A SERVICE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Operational flexibility and scalability with advent of cloud computing technology
5.2.1.2 Innovation of AI and blockchain
5.2.1.3 Growth in demand for streamlined compliance and regulatory solutions
5.2.2 RESTRAINTS
5.2.2.1 Complexity involved in integration with legacy systems
5.2.2.2 Issues related to data security and privacy
5.2.2.3 Risks associated with geopolitical and macroeconomic factors
5.2.3 OPPORTUNITIES
5.2.3.1 Increase in shift toward digital banking and payments
5.2.3.2 Leveraging technology to improve operational efficiency
5.2.3.3 Expansion of cross-border payments and remittances
5.2.4 CHALLENGES
5.2.4.1 Lack of interoperability and standardization
5.2.4.2 Complexity and cost associated with financial regulations
5.2.4.3 Scalability and infrastructure challenges of FaaS
5.3 USE CASES
5.3.1 API PORTAL BY FISERV ENHANCED CONSUMER EXPERIENCE FOR VERIDIAN CREDIT UNION
5.3.2 PAYMYTUITION EXPANDED ITS GLOBAL FOOTHOLD BY IMPLEMENTING RAPYD’S CROSS-BORDER AND LOCAL PAYMENTS TECHNOLOGY
5.3.3 HOME CHEF LEVERAGING PAYPAL CHECKOUT BUTTON TO BOOST NEW CUSTOMER SIGNUPS AND REVENUE
5.4 VALUE CHAIN ANALYSIS
FIGURE 17 VALUE CHAIN ANALYSIS
5.5 ECOSYSTEM ANALYSIS
FIGURE 18 ECOSYSTEM ANALYSIS
5.6 PORTER’S FIVE FORCES MODEL ANALYSIS
FIGURE 19 PORTER’S FIVE FORCE ANALYSIS
TABLE 5 IMPACT OF PORTER’S FIVE FORCES ON FINTECH AS A SERVICE MARKET
5.6.1 THREAT FROM NEW ENTRANTS
5.6.2 THREAT FROM SUBSTITUTES
5.6.3 BARGAINING POWER OF SUPPLIERS
5.6.4 BARGAINING POWER OF BUYERS
5.6.5 INTENSITY OF COMPETITIVE RIVALRY
5.7 PRICING MODEL ANALYSIS
TABLE 6 FINTECH AS A SERVICE MARKET: PRICING LEVELS
5.8 TECHNOLOGY ANALYSIS
5.8.1 AI/ML
5.8.2 BLOCKCHAIN
5.8.3 APPLICATION PROGRAMMING INTERFACES
5.8.4 CLOUD COMPUTING
5.8.5 BIG DATA ANALYTICS
5.8.6 ROBOTIC PROCESS AUTOMATION
5.9 TARIFF AND REGULATORY LANDSCAPE
5.9.1 PAYMENT CARD INDUSTRY DATA SECURITY STANDARD (PCI–DSS)
5.9.2 KNOW YOUR CUSTOMER (KYC)
5.9.3 ANTI MONEY LAUNDERING (AML)
5.9.4 CONSUMER FINANCIAL PROTECTION BUREAU (CFPB)
5.9.5 FINANCIAL STABILITY OVERSIGHT COUNCIL (FSOC)
5.9.6 AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION (ASIC)
5.9.7 EUROPEAN UNION GENERAL DATA PROTECTION REGULATION (EU GDPR)
5.9.8 OFFICE OF THE SUPERINTENDENT OF FINANCIAL INSTITUTIONS (OSFI)
5.10 KEY STAKEHOLDERS AND BUYING CRITERIA
5.10.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 20 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS
TABLE 7 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS
5.10.2 BUYING CRITERIA
FIGURE 21 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
TABLE 8 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
5.11 KEY CONFERENCES & EVENTS
TABLE 9 KEY CONFERENCES & EVENTS, 2023–2024
5.12 PATENT ANALYSIS
5.12.1 METHODOLOGY
5.12.2 DOCUMENT TYPE
TABLE 10 PATENTS FILED, 2013–2023
5.12.3 INNOVATION AND PATENT APPLICATIONS
FIGURE 22 TOTAL NUMBER OF PATENTS GRANTED, 2013–2023
5.12.3.1 Top applicants
FIGURE 23 TOP TEN PATENT APPLICANT COMPANIES, 2013–2023
TABLE 11 TOP TEN PATENT OWNERS, 2013–2023
TABLE 12 LIST OF PATENTS IN FINTECH AS A SERVICE MARKET, 2021–2023
5.13 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 24 FINTECH AS A SERVICE MARKET: TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESSES
6 FINTECH AS A SERVICE MARKET, BY TYPE
6.1 INTRODUCTION
FIGURE 25 BANKING SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 13 FINTECH AS A SERVICE MARKET, BY TYPE, 2017–2022 (USD MILLION)
TABLE 14 FINTECH AS A SERVICE MARKET, BY TYPE, 2023–2028 (USD MILLION)
6.2 BANKING
6.2.1 FINTECH STARTUPS VYING TO CAPTIALIZE ON INTENSE COMPETITION AND MARKET CONSOLIDATION IN BANKING
6.2.2 BANKING: MARKET DRIVERS
TABLE 15 BANKING: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 16 BANKING: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
6.3 PAYMENTS
6.3.1 FINTECH AS A SERVICE BRIDGES GAP BETWEEN TRADITIONAL PAYMENT METHODS AND TECHNOLOGY
6.3.2 PAYMENTS: MARKET DRIVERS
TABLE 17 PAYMENTS: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 18 PAYMENTS: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
6.4 INSURANCE
6.4.1 INCREASE IN CONSUMER DEMAND FOR PERSONALIZED AND CONVENIENT INSURANCE
6.4.2 INSURANCE: MARKET DRIVERS
TABLE 19 INSURANCE: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 20 INSURANCE: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
6.5 INVESTMENTS
6.5.1 EMBRACING SELF-DIRECTED INVESTING WITH FINTECH AS A SERVICE SOLUTIONS
6.5.2 INVESTMENTS: MARKET DRIVERS
TABLE 21 INVESTMENTS: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 22 INVESTMENTS: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
6.6 LENDING
6.6.1 BORROWERS SEEK STREAMLINED LOAN APPLICATION PROCESSES, FASTER APPROVAL, AND MORE FLEXIBLE LENDING TERMS
6.6.2 LENDING: MARKET DRIVERS
TABLE 23 LENDING: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 24 LENDING: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
6.7 OTHER TYPES
6.7.1 OTHER TYPES: MARKET DRIVERS
TABLE 25 OTHER TYPES: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 26 OTHER TYPES: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
7 FINTECH AS A SERVICE MARKET, BY TECHNOLOGY
7.1 INTRODUCTION
FIGURE 26 AI TECHNOLOGY TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 27 FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 28 FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
7.2 AI
7.2.1 AUTOMATING TASKS AND INCREASING OPERATIONAL EFFICIENCY THROUGH AI
7.2.2 AI: MARKET DRIVERS
TABLE 29 AI: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 30 AI: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
7.3 BLOCKCHAIN
7.3.1 FACILITATING DIGITIZATION AND AUTOMATION OF TRADE PROCESSES WITH BLOCKCHAIN
7.3.2 BLOCKCHAIN: MARKET DRIVERS
TABLE 31 BLOCKCHAIN: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 32 BLOCKCHAIN: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
7.4 RPA
7.4.1 STREAMLINING COMPLIANCE PROCESSES THROUGH AUTOMATION
7.4.2 RPA: MARKET DRIVERS
TABLE 33 RPA: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 34 RPA: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
7.5 API
7.5.1 STANDARDIZED AND SEAMLESS INTEGRATION OF DIFFERENT APPLICATIONS USING API
7.5.2 API: MARKET DRIVERS
TABLE 35 API: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 36 API: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
7.6 OTHER TECHNOLOGIES
7.6.1 OTHER TECHNOLOGIES: MARKET DRIVERS
TABLE 37 OTHER TECHNOLOGIES: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 38 OTHER TECHNOLOGIES: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
8 FINTECH AS A SERVICE MARKET, BY APPLICATION
8.1 INTRODUCTION
FIGURE 27 KYC VERIFICATION SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 39 FINTECH AS A SERVICE MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
TABLE 40 FINTECH AS A SERVICE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
8.2 FRAUD MONITORING
8.2.1 SHIFT TOWARD DIGITAL TRANSACTIONS INCREASED NEED FOR ROBUST FRAUD MONITORING SOLUTIONS
8.2.2 FRAUD MONITORING: MARKET DRIVERS
TABLE 41 FRAUD MONITORING: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 42 FRAUD MONITORING: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
8.3 KYC VERIFICATION
8.3.1 EFFICIENT CUSTOMER ONBOARDING WITH KYC VERIFICATION-ENABLED SOLUTIONS
8.3.2 KYC VERIFICATION: MARKET DRIVERS
TABLE 43 KYC VERIFICATION: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 44 KYC VERIFICATION: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
8.4 COMPLIANCE & REGULATORY SUPPORT
8.4.1 ADHERENCE TO REGULATORY REQUIREMENTS ENSURED VIA FAAS
8.4.2 COMPLIANCE & REGULATORY SUPPORT: MARKET DRIVERS
TABLE 45 COMPLIANCE & REGULATORY SUPPORT: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 46 COMPLIANCE & REGULATORY SUPPORT: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
8.5 OTHER APPLICATIONS
8.5.1 OTHER APPLICATIONS: MARKET DRIVERS
TABLE 47 OTHER APPLICATIONS: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 48 OTHER APPLICATIONS: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
9 FINTECH AS A SERVICE MARKET, BY END USER
9.1 INTRODUCTION
FIGURE 28 FINANCIAL INSTITUTES SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 49 FINTECH AS A SERVICE MARKET, BY END USER, 2017–2022 (USD MILLION)
TABLE 50 FINTECH AS A SERVICE MARKET, BY END USER, 2023–2028 (USD MILLION)
9.2 BANKS
9.2.1 COMPETITIVE EDGE OFFERED BY FAAS WITH ABILITY TO ADAPT TO CHANGING MARKET TRENDS
9.2.2 BANKS: MARKET DRIVERS
TABLE 51 BANKS: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 52 BANKS: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
9.3 FINANCIAL INSTITUTES
9.3.1 OFFERING ADVANCED DATA-DRIVEN DECISION-MAKING
9.3.2 FINANCIAL INSTITUTES: MARKET DRIVERS
TABLE 53 FINANCIAL INSTITUTES: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 54 FINANCIAL INSTITUTES: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
9.4 INSURANCE COMPANIES
9.4.1 ENHANCED RISKS ASSESSMENT AND PERSONALIZED CUSTOMER SUPPORT
9.4.2 INSURANCE COMPANIES: MARKET DRIVERS
TABLE 55 INSURANCE COMPANIES: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 56 INSURANCE COMPANIES: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
9.5 OTHER END USERS
9.5.1 OTHER END USERS: MARKET DRIVERS
TABLE 57 OTHER END USERS: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 58 OTHER END USERS: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
10 FINTECH AS A SERVICE MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 29 ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 59 FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 60 FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
10.2 NORTH AMERICA
10.2.1 NORTH AMERICA: MARKET DRIVERS
10.2.2 NORTH AMERICA: RECESSION IMPACT
10.2.3 NORTH AMERICA: REGULATORY LANDSCAPE
FIGURE 30 NORTH AMERICA: MARKET SNAPSHOT
TABLE 61 NORTH AMERICA: FINTECH AS A SERVICE MARKET, BY TYPE, 2017–2022 (USD MILLION)
TABLE 62 NORTH AMERICA: FINTECH AS A SERVICE MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 63 NORTH AMERICA: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 64 NORTH AMERICA: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 65 NORTH AMERICA: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
TABLE 66 NORTH AMERICA: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 67 NORTH AMERICA: FINTECH AS A SERVICE MARKET, BY END USER, 2017–2022 (USD MILLION)
TABLE 68 NORTH AMERICA: FINTECH AS A SERVICE MARKET, BY END USER, 2023–2028 (USD MILLION)
TABLE 69 NORTH AMERICA: FINTECH AS A SERVICE MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
TABLE 70 NORTH AMERICA: FINTECH AS A SERVICE MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
10.2.4 US
10.2.4.1 Technological advancements with presence of key US vendors offering FaaS solutions
TABLE 71 US: FINTECH AS A SERVICE MARKET, BY TYPE, 2017–2022 (USD MILLION)
TABLE 72 US: FINTECH AS A SERVICE MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 73 US: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 74 US: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 75 US: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
TABLE 76 US: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 77 US: FINTECH AS A SERVICE MARKET, BY END USER, 2017–2022 (USD MILLION)
TABLE 78 US: FINTECH AS A SERVICE MARKET, BY END USER, 2023–2028 (USD MILLION)
10.2.5 CANADA
10.2.5.1 Rapid growth of digital transformation measures in Canada
TABLE 79 CANADA: FINTECH AS A SERVICE MARKET, BY TYPE, 2017–2022 (USD MILLION)
TABLE 80 CANADA: FINTECH AS A SERVICE MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 81 CANADA: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 82 CANADA: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 83 CANADA: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
TABLE 84 CANADA: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 85 CANADA: FINTECH AS A SERVICE MARKET, BY END USER, 2017–2022 (USD MILLION)
TABLE 86 CANADA: FINTECH AS A SERVICE MARKET, BY END USER, 2023–2028 (USD MILLION)
10.3 EUROPE
10.3.1 EUROPE: MARKET DRIVERS
10.3.2 EUROPE: RECESSION IMPACT
10.3.3 EUROPE: REGULATORY LANDSCAPE
TABLE 87 EUROPE: FINTECH AS A SERVICE MARKET, BY TYPE, 2017–2022 (USD MILLION)
TABLE 88 EUROPE: FINTECH AS A SERVICE MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 89 EUROPE: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 90 EUROPE: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 91 EUROPE: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
TABLE 92 EUROPE: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 93 EUROPE: FINTECH AS A SERVICE MARKET, BY END USER, 2017–2022 (USD MILLION)
TABLE 94 EUROPE: FINTECH AS A SERVICE MARKET, BY END USER, 2023–2028 (USD MILLION)
TABLE 95 EUROPE: FINTECH AS A SERVICE MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
TABLE 96 EUROPE: FINTECH AS A SERVICE MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
10.3.4 UK
10.3.4.1 Thriving fintech startup culture in UK
TABLE 97 UK: FINTECH AS A SERVICE MARKET, BY TYPE, 2017–2022 (USD MILLION)
TABLE 98 UK: FINTECH AS A SERVICE MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 99 UK: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 100 UK: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 101 UK: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
TABLE 102 UK: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 103 UK: FINTECH AS A SERVICE MARKET, BY END USER, 2017–2022 (USD MILLION)
TABLE 104 UK: FINTECH AS A SERVICE MARKET, BY END USER, 2023–2028 (USD MILLION)
10.3.5 GERMANY
10.3.5.1 Advanced infrastructure and robust connectivity in Germany
TABLE 105 GERMANY: FINTECH AS A SERVICE MARKET, BY TYPE, 2017–2022 (USD MILLION)
TABLE 106 GERMANY: FINTECH AS A SERVICE MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 107 GERMANY: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 108 GERMANY: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 109 GERMANY: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
TABLE 110 GERMANY: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 111 GERMANY: FINTECH AS A SERVICE MARKET, BY END USER, 2017–2022 (USD MILLION)
TABLE 112 GERMANY: FINTECH AS A SERVICE MARKET, BY END USER, 2023–2028 (USD MILLION)
10.3.6 FRANCE
10.3.6.1 Innovation and opportunities revolutionizing financial industry in France
TABLE 113 FRANCE: FINTECH AS A SERVICE MARKET, BY TYPE, 2017–2022 (USD MILLION)
TABLE 114 FRANCE: FINTECH AS A SERVICE MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 115 FRANCE: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 116 FRANCE: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 117 FRANCE: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
TABLE 118 FRANCE: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 119 FRANCE: FINTECH AS A SERVICE MARKET, BY END USER, 2017–2022 (USD MILLION)
TABLE 120 FRANCE: FINTECH AS A SERVICE MARKET, BY END USER, 2023–2028 (USD MILLION)
10.3.7 REST OF EUROPE
TABLE 121 REST OF EUROPE: FINTECH AS A SERVICE MARKET, BY TYPE, 2017–2022 (USD MILLION)
TABLE 122 REST OF EUROPE: FINTECH AS A SERVICE MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 123 REST OF EUROPE: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 124 REST OF EUROPE: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 125 REST OF EUROPE: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
TABLE 126 REST OF EUROPE: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 127 REST OF EUROPE: FINTECH AS A SERVICE MARKET, BY END USER, 2017–2022 (USD MILLION)
TABLE 128 REST OF EUROPE: FINTECH AS A SERVICE MARKET, BY END USER, 2023–2028 (USD MILLION)
10.4 ASIA PACIFIC
10.4.1 ASIA PACIFIC: MARKET DRIVERS
10.4.2 ASIA PACIFIC: RECESSION IMPACT
10.4.3 ASIA PACIFIC: REGULATORY LANDSCAPE
FIGURE 31 ASIA PACIFIC: MARKET SNAPSHOT
TABLE 129 ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY TYPE, 2017–2022 (USD MILLION)
TABLE 130 ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 131 ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 132 ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 133 ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
TABLE 134 ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 135 ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY END USER, 2017–2022 (USD MILLION)
TABLE 136 ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY END USER, 2023–2028 (USD MILLION)
TABLE 137 ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
TABLE 138 ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
10.4.4 CHINA
10.4.4.1 Supportive government policies and technologically advanced infrastructure in China
TABLE 139 CHINA: FINTECH AS A SERVICE MARKET, BY TYPE, 2017–2022 (USD MILLION)
TABLE 140 CHINA: FINTECH AS A SERVICE MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 141 CHINA: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 142 CHINA: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 143 CHINA: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
TABLE 144 CHINA: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 145 CHINA: FINTECH AS A SERVICE MARKET, BY END USER, 2017–2022 (USD MILLION)
TABLE 146 CHINA: FINTECH AS A SERVICE MARKET, BY END USER, 2023–2028 (USD MILLION)
10.4.5 JAPAN
10.4.5.1 Demand for personalized financial service in Japan
TABLE 147 JAPAN: FINTECH AS A SERVICE MARKET, BY TYPE, 2017–2022 (USD MILLION)
TABLE 148 JAPAN: FINTECH AS A SERVICE MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 149 JAPAN: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 150 JAPAN: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 151 JAPAN: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
TABLE 152 JAPAN: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 153 JAPAN: FINTECH AS A SERVICE MARKET, BY END USER, 2017–2022 (USD MILLION)
TABLE 154 JAPAN: FINTECH AS A SERVICE MARKET, BY END USER, 2023–2028 (USD MILLION)
10.4.6 INDIA
10.4.6.1 Higher adoption of advanced AI and ML-based identity verification solutions
TABLE 155 INDIA: FINTECH AS A SERVICE MARKET, BY TYPE, 2017–2022 (USD MILLION)
TABLE 156 INDIA: FINTECH AS A SERVICE MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 157 INDIA: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 158 INDIA: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 159 INDIA: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
TABLE 160 INDIA: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 161 INDIA: FINTECH AS A SERVICE MARKET, BY END USER, 2017–2022 (USD MILLION)
TABLE 162 INDIA: FINTECH AS A SERVICE MARKET, BY END USER, 2023–2028 (USD MILLION)
10.4.7 REST OF ASIA PACIFIC
TABLE 163 REST OF ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY TYPE, 2017–2022 (USD MILLION)
TABLE 164 REST OF ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 165 REST OF ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 166 REST OF ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 167 REST OF ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
TABLE 168 REST OF ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 169 REST OF ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY END USER, 2017–2022 (USD MILLION)
TABLE 170 REST OF ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY END USER, 2023–2028 (USD MILLION)
10.5 MIDDLE EAST & AFRICA
10.5.1 MIDDLE EAST & AFRICA: MARKET DRIVERS
10.5.2 MIDDLE EAST & AFRICA: RECESSION IMPACT
10.5.3 MIDDLE EAST & AFRICA: REGULATORY LANDSCAPE
TABLE 171 MIDDLE EAST & AFRICA: FINTECH AS A SERVICE MARKET, BY TYPE, 2017–2022 (USD MILLION)
TABLE 172 MIDDLE EAST & AFRICA: FINTECH AS A SERVICE MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 173 MIDDLE EAST & AFRICA: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 174 MIDDLE EAST & AFRICA: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 175 MIDDLE EAST & AFRICA: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
TABLE 176 MIDDLE EAST & AFRICA: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 177 MIDDLE EAST & AFRICA: FINTECH AS A SERVICE MARKET, BY END USER, 2017–2022 (USD MILLION)
TABLE 178 MIDDLE EAST & AFRICA: FINTECH AS A SERVICE MARKET, BY END USER, 2023–2028 (USD MILLION)
10.6 LATIN AMERICA
10.6.1 LATIN AMERICA: MARKET DRIVERS
10.6.2 LATIN AMERICA: RECESSION IMPACT
10.6.3 LATIN AMERICA: REGULATORY LANDSCAPE
TABLE 179 LATIN AMERICA: FINTECH AS A SERVICE MARKET, BY TYPE, 2017–2022 (USD MILLION)
TABLE 180 LATIN AMERICA: FINTECH AS A SERVICE MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 181 LATIN AMERICA: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 182 LATIN AMERICA: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 183 LATIN AMERICA: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
TABLE 184 LATIN AMERICA: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 185 LATIN AMERICA: FINTECH AS A SERVICE MARKET, BY END USER, 2017–2022 (USD MILLION)
TABLE 186 LATIN AMERICA: FINTECH AS A SERVICE MARKET, BY END USER, 2023–2028 (USD MILLION)
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 HISTORICAL REVENUE ANALYSIS
FIGURE 32 FIVE-YEAR REVENUE ANALYSIS OF FINTECH AS A SERVICE VENDORS (USD MILLION)
11.3 MARKET SHARE ANALYSIS OF LEADING PLAYERS
FIGURE 33 FINTECH AS A SERVICE MARKET: REVENUE ANALYSIS, 2022
11.4 MARKET STRUCTURE
TABLE 187 DEGREE OF COMPETITION
11.5 RANKING OF KEY PLAYERS
FIGURE 34 RANKING OF KEY FINTECH AS A SERVICE MARKET PLAYERS
11.6 KEY COMPANY EVALUATION QUADRANT
11.6.1 KEY COMPANY EVALUATION QUADRANT DEFINITIONS AND METHODOLOGY
11.7 COMPETITIVE BENCHMARKING OF KEY COMPANIES
11.7.1 KEY COMPANY FOOTPRINT
TABLE 188 KEY COMPANY REGIONAL FOOTPRINT
11.8 COMPETITIVE LEADERSHIP MAPPING
11.8.1 STARS
11.8.2 EMERGING LEADERS
11.8.3 PERVASIVE PLAYERS
11.8.4 PARTICIPANTS
FIGURE 35 FINTECH AS A SERVICE MARKET: KEY COMPANY EVALUATION QUADRANT
11.9 STARTUP/SME EVALUATION QUADRANT
11.9.1 PROGRESSIVE COMPANIES
11.9.2 RESPONSIVE COMPANIES
11.9.3 DYNAMIC COMPANIES
11.9.4 STARTING BLOCKS
FIGURE 36 FINTECH AS A SERVICE MARKET: STARTUP/SME EVALUATION QUADRANT
11.10 COMPETITIVE BENCHMARKING OF STARTUP/SMES
TABLE 189 SME/STARTUP COMPANY REGIONAL FOOTPRINT
11.11 KEY MARKET DEVELOPMENTS
11.11.1 PRODUCT LAUNCHES/ENHANCEMENTS
TABLE 190 FINTECH AS A SERVICE MARKET: PRODUCT LAUNCHES/ENHANCEMENTS, SEPTEMBER 2021–MAY 2023
11.11.2 DEALS
TABLE 191 FINTECH AS A SERVICE MARKET: DEALS, JANUARY 2021–MAY 2023
12 COMPANY PROFILES
12.1 INTRODUCTION
12.2 KEY PLAYERS
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
12.2.1 PAYPAL
TABLE 192 PAYPAL: BUSINESS OVERVIEW
FIGURE 37 PAYPAL: COMPANY SNAPSHOT
TABLE 193 PAYPAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 194 PAYPAL: PRODUCT LAUNCHES/ENHANCEMENTS
TABLE 195 PAYPAL: DEALS
12.2.2 MASTERCARD
TABLE 196 MASTERCARD: BUSINESS OVERVIEW
FIGURE 38 MASTERCARD: COMPANY SNAPSHOT
TABLE 197 MASTERCARD: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 198 MASTERCARD: PRODUCT LAUNCHES/ENHANCEMENTS
TABLE 199 MASTERCARD: DEALS
12.2.3 FISERV
TABLE 200 FISERV: BUSINESS OVERVIEW
FIGURE 39 FISERV: COMPANY SNAPSHOT
TABLE 201 FISERV: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 202 FISERV: PRODUCT LAUNCHES/ENHANCEMENTS
TABLE 203 FISERV: DEALS
12.2.4 BLOCK
TABLE 204 BLOCK: BUSINESS OVERVIEW
FIGURE 40 BLOCK: COMPANY SNAPSHOT
TABLE 205 BLOCK: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 206 BLOCK: PRODUCT LAUNCHES/ENHANCEMENTS
TABLE 207 BLOCK: DEALS
12.2.5 RAPYD
TABLE 208 RAPYD: BUSINESS OVERVIEW
TABLE 209 RAPYD: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 210 RAPYD: PRODUCT LAUNCHES/ENHANCEMENTS
TABLE 211 RAPYD: DEALS
12.2.6 ENVESTNET
TABLE 212 ENVESTNET: BUSINESS OVERVIEW
FIGURE 41 ENVESTNET: COMPANY SNAPSHOT
TABLE 213 ENVESTNET: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 214 ENVESTNET: PRODUCT LAUNCHES/ENHANCEMENTS
TABLE 215 ENVESTNET: DEALS
12.2.7 UPSTART
TABLE 216 UPSTART: BUSINESS OVERVIEW
FIGURE 42 UPSTART: COMPANY SNAPSHOT
TABLE 217 UPSTART: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 218 UPSTART: PRODUCT LAUNCHES/ENHANCEMENTS
TABLE 219 UPSTART: DEALS
12.2.8 SOLID FINANCIAL
TABLE 220 SOLID FINANCIAL: BUSINESS OVERVIEW
TABLE 221 SOLID FINANCIAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 222 SOLID FINANCIAL: PRODUCT LAUNCHES/ENHANCEMENTS
TABLE 223 SOLID FINANCIAL: DEALS
12.2.9 FIS
TABLE 224 FIS: BUSINESS OVERVIEW
FIGURE 43 FIS: COMPANY SNAPSHOT
TABLE 225 FIS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 226 FIS: PRODUCT LAUNCHES/ENHANCEMENTS
TABLE 227 FIS: DEALS
12.2.10 SYNCTERA
TABLE 228 SYNCTERA: BUSINESS OVERVIEW
TABLE 229 SYNCTERA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 230 SYNCTERA: PRODUCT LAUNCHES/ENHANCEMENTS
TABLE 231 SYNCTERA: DEALS
12.3 OTHER KEY PLAYERS
12.3.1 STRIPE
12.3.2 ADYEN
12.3.3 DWOLLA
12.3.4 FINASTRA
12.3.5 REVOLUT
12.3.6 FISPAN
12.3.7 NIUM
12.3.8 AIRWALLEX
12.3.9 SOFI TECHNOLOGIES INC
12.3.10 MARQETA
12.3.11 FINIX
12.3.12 SYNAPSE
*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
13 ADJACENT MARKETS
13.1 INTRODUCTION TO ADJACENT MARKETS
13.2 NLP IN FINANCE MARKET
13.2.1 MARKET DEFINITION
13.2.2 MARKET OVERVIEW
13.2.2.1 NLP in Finance Market, by Offering
TABLE 232 NLP IN FINANCE MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 233 NLP IN FINANCE MARKET, BY OFFERING, 2023–2028 (USD MILLION)
13.2.2.2 NLP in Finance Market, by Software Type
13.2.2.3 NLP in Finance Market, by Service
13.2.2.4 NLP in Finance Market, by Professional Service
13.2.2.5 NLP in Finance Market, by Technology
13.3 DIGITAL PAYMENTS MARKET
13.3.1 MARKET DEFINITION
13.3.2 MARKET OVERVIEW
13.3.2.1 Digital Payment Market, by Component
TABLE 234 DIGITAL PAYMENT MARKET, BY COMPONENT, 2016–2020 (USD MILLION)
TABLE 235 DIGITAL PAYMENT MARKET, BY COMPONENT, 2021–2026 (USD MILLION)
13.3.2.2 Digital Payment Market, by Solution
13.3.2.3 Digital Payment Market, by Service
13.3.2.4 Digital Payment Market, by Deployment Type
13.3.2.5 Digital Payment Market, by Organization Size
TABLE 236 DIGITAL PAYMENT MARKET, BY ORGANIZATION SIZE, 2016–2020 (USD MILLION)
TABLE 237 DIGITAL PAYMENT MARKET, BY ORGANIZATION SIZE, 2021–2026 (USD MILLION)
14 APPENDIX
14.1 DISCUSSION GUIDE
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.3 CUSTOMIZATION OPTIONS
14.4 RELATED REPORTS
14.5 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 MARKET SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 REGIONS COVERED
1.4 YEARS CONSIDERED
1.5 CURRENCY CONSIDERED
TABLE 1 USD EXCHANGE RATES, 2018–2022
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 FINTECH AS A SERVICE MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
2.1.2.1 Breakup of primary profiles
2.1.2.2 Key industry insights
2.2 DATA TRIANGULATION
FIGURE 2 RESEARCH FLOW
2.3 MARKET SIZE ESTIMATION
2.3.1 REVENUE ESTIMATES
FIGURE 3 APPROACH (SUPPLY SIDE): REVENUE OF PLATFORMS/SERVICES OF FINTECH AS A SERVICE VENDORS
FIGURE 4 SUPPLY-SIDE ANALYSIS APPROACH
2.4 MARKET FORECAST
TABLE 2 FACTOR ANALYSIS
2.5 IMPACT OF RECESSION AND RESEARCH ASSUMPTIONS
2.5.1 IMPACT OF RECESSION
2.5.2 RESEARCH ASSUMPTIONS
2.6 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
TABLE 3 FINTECH AS A SERVICE MARKET SIZE AND GROWTH RATE, 2017–2022 (USD MILLION, Y-O-Y)
TABLE 4 FINTECH AS A SERVICE MARKET SIZE AND GROWTH RATE, 2023–2028 (USD MILLION, Y-O-Y)
FIGURE 5 PAYMENT FAAS TO BE LARGEST MARKET IN 2023
FIGURE 6 BLOCKCHAIN TO BE LEADING FAAS TECHNOLOGY IN 2023
FIGURE 7 COMPLIANCE & REGULATORY SUPPORT TO BE LARGEST APPLICATION IN 2023
FIGURE 8 INSURANCE COMPANIES TO BE LEADING END USER IN 2023
FIGURE 9 NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARE
4 PREMIUM INSIGHTS
4.1 OPPORTUNITIES FOR FINTECH AS A SERVICE MARKET PLAYERS
FIGURE 10 INCREASE IN ADOPTION OF CLOUD COMPUTING AND DEMAND FOR DIGITAL FINANCIAL SERVICES TO DRIVE MARKET GROWTH
4.2 FINTECH AS A SERVICE MARKET, BY TYPE
FIGURE 11 PAYMENTS TO ACCOUNT FOR LARGEST SHARE AMONG TYPES THROUGH 2028
4.3 FINTECH AS A SERVICE MARKET, BY TECHNOLOGY
FIGURE 12 BLOCKCHAIN TO INCREASE ITS LEAD OVER OTHER FAAS TECHNOLOGIES BY 2028
4.4 FINTECH AS A SERVICE MARKET, BY APPLICATION
FIGURE 13 COMPLIANCE & REGULATORY SUPPORT TO REMAIN LARGEST APPLICATION THROUGH 2023
4.5 FINTECH AS A SERVICE MARKET, BY END USER
FIGURE 14 FINANCIAL INSTITUTES CLOSELY FOLLOW INSURANCE COMPANIES AS LEADING END USERS DURING FORECAST PERIOD
4.6 MARKET INVESTMENT SCENARIO
FIGURE 15 ASIA PACIFIC TO EMERGE AS BEST MARKET FOR INVESTMENTS IN NEXT FIVE YEARS
5 MARKET OVERVIEW AND INDUSTRY TRENDS
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 16 FINTECH AS A SERVICE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Operational flexibility and scalability with advent of cloud computing technology
5.2.1.2 Innovation of AI and blockchain
5.2.1.3 Growth in demand for streamlined compliance and regulatory solutions
5.2.2 RESTRAINTS
5.2.2.1 Complexity involved in integration with legacy systems
5.2.2.2 Issues related to data security and privacy
5.2.2.3 Risks associated with geopolitical and macroeconomic factors
5.2.3 OPPORTUNITIES
5.2.3.1 Increase in shift toward digital banking and payments
5.2.3.2 Leveraging technology to improve operational efficiency
5.2.3.3 Expansion of cross-border payments and remittances
5.2.4 CHALLENGES
5.2.4.1 Lack of interoperability and standardization
5.2.4.2 Complexity and cost associated with financial regulations
5.2.4.3 Scalability and infrastructure challenges of FaaS
5.3 USE CASES
5.3.1 API PORTAL BY FISERV ENHANCED CONSUMER EXPERIENCE FOR VERIDIAN CREDIT UNION
5.3.2 PAYMYTUITION EXPANDED ITS GLOBAL FOOTHOLD BY IMPLEMENTING RAPYD’S CROSS-BORDER AND LOCAL PAYMENTS TECHNOLOGY
5.3.3 HOME CHEF LEVERAGING PAYPAL CHECKOUT BUTTON TO BOOST NEW CUSTOMER SIGNUPS AND REVENUE
5.4 VALUE CHAIN ANALYSIS
FIGURE 17 VALUE CHAIN ANALYSIS
5.5 ECOSYSTEM ANALYSIS
FIGURE 18 ECOSYSTEM ANALYSIS
5.6 PORTER’S FIVE FORCES MODEL ANALYSIS
FIGURE 19 PORTER’S FIVE FORCE ANALYSIS
TABLE 5 IMPACT OF PORTER’S FIVE FORCES ON FINTECH AS A SERVICE MARKET
5.6.1 THREAT FROM NEW ENTRANTS
5.6.2 THREAT FROM SUBSTITUTES
5.6.3 BARGAINING POWER OF SUPPLIERS
5.6.4 BARGAINING POWER OF BUYERS
5.6.5 INTENSITY OF COMPETITIVE RIVALRY
5.7 PRICING MODEL ANALYSIS
TABLE 6 FINTECH AS A SERVICE MARKET: PRICING LEVELS
5.8 TECHNOLOGY ANALYSIS
5.8.1 AI/ML
5.8.2 BLOCKCHAIN
5.8.3 APPLICATION PROGRAMMING INTERFACES
5.8.4 CLOUD COMPUTING
5.8.5 BIG DATA ANALYTICS
5.8.6 ROBOTIC PROCESS AUTOMATION
5.9 TARIFF AND REGULATORY LANDSCAPE
5.9.1 PAYMENT CARD INDUSTRY DATA SECURITY STANDARD (PCI–DSS)
5.9.2 KNOW YOUR CUSTOMER (KYC)
5.9.3 ANTI MONEY LAUNDERING (AML)
5.9.4 CONSUMER FINANCIAL PROTECTION BUREAU (CFPB)
5.9.5 FINANCIAL STABILITY OVERSIGHT COUNCIL (FSOC)
5.9.6 AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION (ASIC)
5.9.7 EUROPEAN UNION GENERAL DATA PROTECTION REGULATION (EU GDPR)
5.9.8 OFFICE OF THE SUPERINTENDENT OF FINANCIAL INSTITUTIONS (OSFI)
5.10 KEY STAKEHOLDERS AND BUYING CRITERIA
5.10.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 20 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS
TABLE 7 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS
5.10.2 BUYING CRITERIA
FIGURE 21 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
TABLE 8 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
5.11 KEY CONFERENCES & EVENTS
TABLE 9 KEY CONFERENCES & EVENTS, 2023–2024
5.12 PATENT ANALYSIS
5.12.1 METHODOLOGY
5.12.2 DOCUMENT TYPE
TABLE 10 PATENTS FILED, 2013–2023
5.12.3 INNOVATION AND PATENT APPLICATIONS
FIGURE 22 TOTAL NUMBER OF PATENTS GRANTED, 2013–2023
5.12.3.1 Top applicants
FIGURE 23 TOP TEN PATENT APPLICANT COMPANIES, 2013–2023
TABLE 11 TOP TEN PATENT OWNERS, 2013–2023
TABLE 12 LIST OF PATENTS IN FINTECH AS A SERVICE MARKET, 2021–2023
5.13 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 24 FINTECH AS A SERVICE MARKET: TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESSES
6 FINTECH AS A SERVICE MARKET, BY TYPE
6.1 INTRODUCTION
FIGURE 25 BANKING SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 13 FINTECH AS A SERVICE MARKET, BY TYPE, 2017–2022 (USD MILLION)
TABLE 14 FINTECH AS A SERVICE MARKET, BY TYPE, 2023–2028 (USD MILLION)
6.2 BANKING
6.2.1 FINTECH STARTUPS VYING TO CAPTIALIZE ON INTENSE COMPETITION AND MARKET CONSOLIDATION IN BANKING
6.2.2 BANKING: MARKET DRIVERS
TABLE 15 BANKING: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 16 BANKING: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
6.3 PAYMENTS
6.3.1 FINTECH AS A SERVICE BRIDGES GAP BETWEEN TRADITIONAL PAYMENT METHODS AND TECHNOLOGY
6.3.2 PAYMENTS: MARKET DRIVERS
TABLE 17 PAYMENTS: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 18 PAYMENTS: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
6.4 INSURANCE
6.4.1 INCREASE IN CONSUMER DEMAND FOR PERSONALIZED AND CONVENIENT INSURANCE
6.4.2 INSURANCE: MARKET DRIVERS
TABLE 19 INSURANCE: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 20 INSURANCE: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
6.5 INVESTMENTS
6.5.1 EMBRACING SELF-DIRECTED INVESTING WITH FINTECH AS A SERVICE SOLUTIONS
6.5.2 INVESTMENTS: MARKET DRIVERS
TABLE 21 INVESTMENTS: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 22 INVESTMENTS: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
6.6 LENDING
6.6.1 BORROWERS SEEK STREAMLINED LOAN APPLICATION PROCESSES, FASTER APPROVAL, AND MORE FLEXIBLE LENDING TERMS
6.6.2 LENDING: MARKET DRIVERS
TABLE 23 LENDING: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 24 LENDING: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
6.7 OTHER TYPES
6.7.1 OTHER TYPES: MARKET DRIVERS
TABLE 25 OTHER TYPES: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 26 OTHER TYPES: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
7 FINTECH AS A SERVICE MARKET, BY TECHNOLOGY
7.1 INTRODUCTION
FIGURE 26 AI TECHNOLOGY TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 27 FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 28 FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
7.2 AI
7.2.1 AUTOMATING TASKS AND INCREASING OPERATIONAL EFFICIENCY THROUGH AI
7.2.2 AI: MARKET DRIVERS
TABLE 29 AI: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 30 AI: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
7.3 BLOCKCHAIN
7.3.1 FACILITATING DIGITIZATION AND AUTOMATION OF TRADE PROCESSES WITH BLOCKCHAIN
7.3.2 BLOCKCHAIN: MARKET DRIVERS
TABLE 31 BLOCKCHAIN: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 32 BLOCKCHAIN: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
7.4 RPA
7.4.1 STREAMLINING COMPLIANCE PROCESSES THROUGH AUTOMATION
7.4.2 RPA: MARKET DRIVERS
TABLE 33 RPA: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 34 RPA: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
7.5 API
7.5.1 STANDARDIZED AND SEAMLESS INTEGRATION OF DIFFERENT APPLICATIONS USING API
7.5.2 API: MARKET DRIVERS
TABLE 35 API: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 36 API: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
7.6 OTHER TECHNOLOGIES
7.6.1 OTHER TECHNOLOGIES: MARKET DRIVERS
TABLE 37 OTHER TECHNOLOGIES: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 38 OTHER TECHNOLOGIES: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
8 FINTECH AS A SERVICE MARKET, BY APPLICATION
8.1 INTRODUCTION
FIGURE 27 KYC VERIFICATION SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 39 FINTECH AS A SERVICE MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
TABLE 40 FINTECH AS A SERVICE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
8.2 FRAUD MONITORING
8.2.1 SHIFT TOWARD DIGITAL TRANSACTIONS INCREASED NEED FOR ROBUST FRAUD MONITORING SOLUTIONS
8.2.2 FRAUD MONITORING: MARKET DRIVERS
TABLE 41 FRAUD MONITORING: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 42 FRAUD MONITORING: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
8.3 KYC VERIFICATION
8.3.1 EFFICIENT CUSTOMER ONBOARDING WITH KYC VERIFICATION-ENABLED SOLUTIONS
8.3.2 KYC VERIFICATION: MARKET DRIVERS
TABLE 43 KYC VERIFICATION: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 44 KYC VERIFICATION: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
8.4 COMPLIANCE & REGULATORY SUPPORT
8.4.1 ADHERENCE TO REGULATORY REQUIREMENTS ENSURED VIA FAAS
8.4.2 COMPLIANCE & REGULATORY SUPPORT: MARKET DRIVERS
TABLE 45 COMPLIANCE & REGULATORY SUPPORT: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 46 COMPLIANCE & REGULATORY SUPPORT: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
8.5 OTHER APPLICATIONS
8.5.1 OTHER APPLICATIONS: MARKET DRIVERS
TABLE 47 OTHER APPLICATIONS: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 48 OTHER APPLICATIONS: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
9 FINTECH AS A SERVICE MARKET, BY END USER
9.1 INTRODUCTION
FIGURE 28 FINANCIAL INSTITUTES SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 49 FINTECH AS A SERVICE MARKET, BY END USER, 2017–2022 (USD MILLION)
TABLE 50 FINTECH AS A SERVICE MARKET, BY END USER, 2023–2028 (USD MILLION)
9.2 BANKS
9.2.1 COMPETITIVE EDGE OFFERED BY FAAS WITH ABILITY TO ADAPT TO CHANGING MARKET TRENDS
9.2.2 BANKS: MARKET DRIVERS
TABLE 51 BANKS: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 52 BANKS: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
9.3 FINANCIAL INSTITUTES
9.3.1 OFFERING ADVANCED DATA-DRIVEN DECISION-MAKING
9.3.2 FINANCIAL INSTITUTES: MARKET DRIVERS
TABLE 53 FINANCIAL INSTITUTES: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 54 FINANCIAL INSTITUTES: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
9.4 INSURANCE COMPANIES
9.4.1 ENHANCED RISKS ASSESSMENT AND PERSONALIZED CUSTOMER SUPPORT
9.4.2 INSURANCE COMPANIES: MARKET DRIVERS
TABLE 55 INSURANCE COMPANIES: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 56 INSURANCE COMPANIES: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
9.5 OTHER END USERS
9.5.1 OTHER END USERS: MARKET DRIVERS
TABLE 57 OTHER END USERS: FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 58 OTHER END USERS: FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
10 FINTECH AS A SERVICE MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 29 ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 59 FINTECH AS A SERVICE MARKET, BY REGION, 2017–2022 (USD MILLION)
TABLE 60 FINTECH AS A SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION)
10.2 NORTH AMERICA
10.2.1 NORTH AMERICA: MARKET DRIVERS
10.2.2 NORTH AMERICA: RECESSION IMPACT
10.2.3 NORTH AMERICA: REGULATORY LANDSCAPE
FIGURE 30 NORTH AMERICA: MARKET SNAPSHOT
TABLE 61 NORTH AMERICA: FINTECH AS A SERVICE MARKET, BY TYPE, 2017–2022 (USD MILLION)
TABLE 62 NORTH AMERICA: FINTECH AS A SERVICE MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 63 NORTH AMERICA: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 64 NORTH AMERICA: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 65 NORTH AMERICA: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
TABLE 66 NORTH AMERICA: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 67 NORTH AMERICA: FINTECH AS A SERVICE MARKET, BY END USER, 2017–2022 (USD MILLION)
TABLE 68 NORTH AMERICA: FINTECH AS A SERVICE MARKET, BY END USER, 2023–2028 (USD MILLION)
TABLE 69 NORTH AMERICA: FINTECH AS A SERVICE MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
TABLE 70 NORTH AMERICA: FINTECH AS A SERVICE MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
10.2.4 US
10.2.4.1 Technological advancements with presence of key US vendors offering FaaS solutions
TABLE 71 US: FINTECH AS A SERVICE MARKET, BY TYPE, 2017–2022 (USD MILLION)
TABLE 72 US: FINTECH AS A SERVICE MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 73 US: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 74 US: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 75 US: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
TABLE 76 US: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 77 US: FINTECH AS A SERVICE MARKET, BY END USER, 2017–2022 (USD MILLION)
TABLE 78 US: FINTECH AS A SERVICE MARKET, BY END USER, 2023–2028 (USD MILLION)
10.2.5 CANADA
10.2.5.1 Rapid growth of digital transformation measures in Canada
TABLE 79 CANADA: FINTECH AS A SERVICE MARKET, BY TYPE, 2017–2022 (USD MILLION)
TABLE 80 CANADA: FINTECH AS A SERVICE MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 81 CANADA: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 82 CANADA: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 83 CANADA: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
TABLE 84 CANADA: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 85 CANADA: FINTECH AS A SERVICE MARKET, BY END USER, 2017–2022 (USD MILLION)
TABLE 86 CANADA: FINTECH AS A SERVICE MARKET, BY END USER, 2023–2028 (USD MILLION)
10.3 EUROPE
10.3.1 EUROPE: MARKET DRIVERS
10.3.2 EUROPE: RECESSION IMPACT
10.3.3 EUROPE: REGULATORY LANDSCAPE
TABLE 87 EUROPE: FINTECH AS A SERVICE MARKET, BY TYPE, 2017–2022 (USD MILLION)
TABLE 88 EUROPE: FINTECH AS A SERVICE MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 89 EUROPE: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 90 EUROPE: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 91 EUROPE: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
TABLE 92 EUROPE: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 93 EUROPE: FINTECH AS A SERVICE MARKET, BY END USER, 2017–2022 (USD MILLION)
TABLE 94 EUROPE: FINTECH AS A SERVICE MARKET, BY END USER, 2023–2028 (USD MILLION)
TABLE 95 EUROPE: FINTECH AS A SERVICE MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
TABLE 96 EUROPE: FINTECH AS A SERVICE MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
10.3.4 UK
10.3.4.1 Thriving fintech startup culture in UK
TABLE 97 UK: FINTECH AS A SERVICE MARKET, BY TYPE, 2017–2022 (USD MILLION)
TABLE 98 UK: FINTECH AS A SERVICE MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 99 UK: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 100 UK: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 101 UK: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
TABLE 102 UK: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 103 UK: FINTECH AS A SERVICE MARKET, BY END USER, 2017–2022 (USD MILLION)
TABLE 104 UK: FINTECH AS A SERVICE MARKET, BY END USER, 2023–2028 (USD MILLION)
10.3.5 GERMANY
10.3.5.1 Advanced infrastructure and robust connectivity in Germany
TABLE 105 GERMANY: FINTECH AS A SERVICE MARKET, BY TYPE, 2017–2022 (USD MILLION)
TABLE 106 GERMANY: FINTECH AS A SERVICE MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 107 GERMANY: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 108 GERMANY: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 109 GERMANY: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
TABLE 110 GERMANY: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 111 GERMANY: FINTECH AS A SERVICE MARKET, BY END USER, 2017–2022 (USD MILLION)
TABLE 112 GERMANY: FINTECH AS A SERVICE MARKET, BY END USER, 2023–2028 (USD MILLION)
10.3.6 FRANCE
10.3.6.1 Innovation and opportunities revolutionizing financial industry in France
TABLE 113 FRANCE: FINTECH AS A SERVICE MARKET, BY TYPE, 2017–2022 (USD MILLION)
TABLE 114 FRANCE: FINTECH AS A SERVICE MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 115 FRANCE: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 116 FRANCE: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 117 FRANCE: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
TABLE 118 FRANCE: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 119 FRANCE: FINTECH AS A SERVICE MARKET, BY END USER, 2017–2022 (USD MILLION)
TABLE 120 FRANCE: FINTECH AS A SERVICE MARKET, BY END USER, 2023–2028 (USD MILLION)
10.3.7 REST OF EUROPE
TABLE 121 REST OF EUROPE: FINTECH AS A SERVICE MARKET, BY TYPE, 2017–2022 (USD MILLION)
TABLE 122 REST OF EUROPE: FINTECH AS A SERVICE MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 123 REST OF EUROPE: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 124 REST OF EUROPE: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 125 REST OF EUROPE: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
TABLE 126 REST OF EUROPE: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 127 REST OF EUROPE: FINTECH AS A SERVICE MARKET, BY END USER, 2017–2022 (USD MILLION)
TABLE 128 REST OF EUROPE: FINTECH AS A SERVICE MARKET, BY END USER, 2023–2028 (USD MILLION)
10.4 ASIA PACIFIC
10.4.1 ASIA PACIFIC: MARKET DRIVERS
10.4.2 ASIA PACIFIC: RECESSION IMPACT
10.4.3 ASIA PACIFIC: REGULATORY LANDSCAPE
FIGURE 31 ASIA PACIFIC: MARKET SNAPSHOT
TABLE 129 ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY TYPE, 2017–2022 (USD MILLION)
TABLE 130 ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 131 ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 132 ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 133 ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
TABLE 134 ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 135 ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY END USER, 2017–2022 (USD MILLION)
TABLE 136 ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY END USER, 2023–2028 (USD MILLION)
TABLE 137 ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
TABLE 138 ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
10.4.4 CHINA
10.4.4.1 Supportive government policies and technologically advanced infrastructure in China
TABLE 139 CHINA: FINTECH AS A SERVICE MARKET, BY TYPE, 2017–2022 (USD MILLION)
TABLE 140 CHINA: FINTECH AS A SERVICE MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 141 CHINA: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 142 CHINA: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 143 CHINA: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
TABLE 144 CHINA: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 145 CHINA: FINTECH AS A SERVICE MARKET, BY END USER, 2017–2022 (USD MILLION)
TABLE 146 CHINA: FINTECH AS A SERVICE MARKET, BY END USER, 2023–2028 (USD MILLION)
10.4.5 JAPAN
10.4.5.1 Demand for personalized financial service in Japan
TABLE 147 JAPAN: FINTECH AS A SERVICE MARKET, BY TYPE, 2017–2022 (USD MILLION)
TABLE 148 JAPAN: FINTECH AS A SERVICE MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 149 JAPAN: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 150 JAPAN: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 151 JAPAN: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
TABLE 152 JAPAN: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 153 JAPAN: FINTECH AS A SERVICE MARKET, BY END USER, 2017–2022 (USD MILLION)
TABLE 154 JAPAN: FINTECH AS A SERVICE MARKET, BY END USER, 2023–2028 (USD MILLION)
10.4.6 INDIA
10.4.6.1 Higher adoption of advanced AI and ML-based identity verification solutions
TABLE 155 INDIA: FINTECH AS A SERVICE MARKET, BY TYPE, 2017–2022 (USD MILLION)
TABLE 156 INDIA: FINTECH AS A SERVICE MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 157 INDIA: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 158 INDIA: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 159 INDIA: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
TABLE 160 INDIA: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 161 INDIA: FINTECH AS A SERVICE MARKET, BY END USER, 2017–2022 (USD MILLION)
TABLE 162 INDIA: FINTECH AS A SERVICE MARKET, BY END USER, 2023–2028 (USD MILLION)
10.4.7 REST OF ASIA PACIFIC
TABLE 163 REST OF ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY TYPE, 2017–2022 (USD MILLION)
TABLE 164 REST OF ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 165 REST OF ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 166 REST OF ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 167 REST OF ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
TABLE 168 REST OF ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 169 REST OF ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY END USER, 2017–2022 (USD MILLION)
TABLE 170 REST OF ASIA PACIFIC: FINTECH AS A SERVICE MARKET, BY END USER, 2023–2028 (USD MILLION)
10.5 MIDDLE EAST & AFRICA
10.5.1 MIDDLE EAST & AFRICA: MARKET DRIVERS
10.5.2 MIDDLE EAST & AFRICA: RECESSION IMPACT
10.5.3 MIDDLE EAST & AFRICA: REGULATORY LANDSCAPE
TABLE 171 MIDDLE EAST & AFRICA: FINTECH AS A SERVICE MARKET, BY TYPE, 2017–2022 (USD MILLION)
TABLE 172 MIDDLE EAST & AFRICA: FINTECH AS A SERVICE MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 173 MIDDLE EAST & AFRICA: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 174 MIDDLE EAST & AFRICA: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 175 MIDDLE EAST & AFRICA: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
TABLE 176 MIDDLE EAST & AFRICA: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 177 MIDDLE EAST & AFRICA: FINTECH AS A SERVICE MARKET, BY END USER, 2017–2022 (USD MILLION)
TABLE 178 MIDDLE EAST & AFRICA: FINTECH AS A SERVICE MARKET, BY END USER, 2023–2028 (USD MILLION)
10.6 LATIN AMERICA
10.6.1 LATIN AMERICA: MARKET DRIVERS
10.6.2 LATIN AMERICA: RECESSION IMPACT
10.6.3 LATIN AMERICA: REGULATORY LANDSCAPE
TABLE 179 LATIN AMERICA: FINTECH AS A SERVICE MARKET, BY TYPE, 2017–2022 (USD MILLION)
TABLE 180 LATIN AMERICA: FINTECH AS A SERVICE MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 181 LATIN AMERICA: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2017–2022 (USD MILLION)
TABLE 182 LATIN AMERICA: FINTECH AS A SERVICE MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 183 LATIN AMERICA: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
TABLE 184 LATIN AMERICA: FINTECH AS A SERVICE MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 185 LATIN AMERICA: FINTECH AS A SERVICE MARKET, BY END USER, 2017–2022 (USD MILLION)
TABLE 186 LATIN AMERICA: FINTECH AS A SERVICE MARKET, BY END USER, 2023–2028 (USD MILLION)
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 HISTORICAL REVENUE ANALYSIS
FIGURE 32 FIVE-YEAR REVENUE ANALYSIS OF FINTECH AS A SERVICE VENDORS (USD MILLION)
11.3 MARKET SHARE ANALYSIS OF LEADING PLAYERS
FIGURE 33 FINTECH AS A SERVICE MARKET: REVENUE ANALYSIS, 2022
11.4 MARKET STRUCTURE
TABLE 187 DEGREE OF COMPETITION
11.5 RANKING OF KEY PLAYERS
FIGURE 34 RANKING OF KEY FINTECH AS A SERVICE MARKET PLAYERS
11.6 KEY COMPANY EVALUATION QUADRANT
11.6.1 KEY COMPANY EVALUATION QUADRANT DEFINITIONS AND METHODOLOGY
11.7 COMPETITIVE BENCHMARKING OF KEY COMPANIES
11.7.1 KEY COMPANY FOOTPRINT
TABLE 188 KEY COMPANY REGIONAL FOOTPRINT
11.8 COMPETITIVE LEADERSHIP MAPPING
11.8.1 STARS
11.8.2 EMERGING LEADERS
11.8.3 PERVASIVE PLAYERS
11.8.4 PARTICIPANTS
FIGURE 35 FINTECH AS A SERVICE MARKET: KEY COMPANY EVALUATION QUADRANT
11.9 STARTUP/SME EVALUATION QUADRANT
11.9.1 PROGRESSIVE COMPANIES
11.9.2 RESPONSIVE COMPANIES
11.9.3 DYNAMIC COMPANIES
11.9.4 STARTING BLOCKS
FIGURE 36 FINTECH AS A SERVICE MARKET: STARTUP/SME EVALUATION QUADRANT
11.10 COMPETITIVE BENCHMARKING OF STARTUP/SMES
TABLE 189 SME/STARTUP COMPANY REGIONAL FOOTPRINT
11.11 KEY MARKET DEVELOPMENTS
11.11.1 PRODUCT LAUNCHES/ENHANCEMENTS
TABLE 190 FINTECH AS A SERVICE MARKET: PRODUCT LAUNCHES/ENHANCEMENTS, SEPTEMBER 2021–MAY 2023
11.11.2 DEALS
TABLE 191 FINTECH AS A SERVICE MARKET: DEALS, JANUARY 2021–MAY 2023
12 COMPANY PROFILES
12.1 INTRODUCTION
12.2 KEY PLAYERS
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
12.2.1 PAYPAL
TABLE 192 PAYPAL: BUSINESS OVERVIEW
FIGURE 37 PAYPAL: COMPANY SNAPSHOT
TABLE 193 PAYPAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 194 PAYPAL: PRODUCT LAUNCHES/ENHANCEMENTS
TABLE 195 PAYPAL: DEALS
12.2.2 MASTERCARD
TABLE 196 MASTERCARD: BUSINESS OVERVIEW
FIGURE 38 MASTERCARD: COMPANY SNAPSHOT
TABLE 197 MASTERCARD: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 198 MASTERCARD: PRODUCT LAUNCHES/ENHANCEMENTS
TABLE 199 MASTERCARD: DEALS
12.2.3 FISERV
TABLE 200 FISERV: BUSINESS OVERVIEW
FIGURE 39 FISERV: COMPANY SNAPSHOT
TABLE 201 FISERV: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 202 FISERV: PRODUCT LAUNCHES/ENHANCEMENTS
TABLE 203 FISERV: DEALS
12.2.4 BLOCK
TABLE 204 BLOCK: BUSINESS OVERVIEW
FIGURE 40 BLOCK: COMPANY SNAPSHOT
TABLE 205 BLOCK: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 206 BLOCK: PRODUCT LAUNCHES/ENHANCEMENTS
TABLE 207 BLOCK: DEALS
12.2.5 RAPYD
TABLE 208 RAPYD: BUSINESS OVERVIEW
TABLE 209 RAPYD: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 210 RAPYD: PRODUCT LAUNCHES/ENHANCEMENTS
TABLE 211 RAPYD: DEALS
12.2.6 ENVESTNET
TABLE 212 ENVESTNET: BUSINESS OVERVIEW
FIGURE 41 ENVESTNET: COMPANY SNAPSHOT
TABLE 213 ENVESTNET: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 214 ENVESTNET: PRODUCT LAUNCHES/ENHANCEMENTS
TABLE 215 ENVESTNET: DEALS
12.2.7 UPSTART
TABLE 216 UPSTART: BUSINESS OVERVIEW
FIGURE 42 UPSTART: COMPANY SNAPSHOT
TABLE 217 UPSTART: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 218 UPSTART: PRODUCT LAUNCHES/ENHANCEMENTS
TABLE 219 UPSTART: DEALS
12.2.8 SOLID FINANCIAL
TABLE 220 SOLID FINANCIAL: BUSINESS OVERVIEW
TABLE 221 SOLID FINANCIAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 222 SOLID FINANCIAL: PRODUCT LAUNCHES/ENHANCEMENTS
TABLE 223 SOLID FINANCIAL: DEALS
12.2.9 FIS
TABLE 224 FIS: BUSINESS OVERVIEW
FIGURE 43 FIS: COMPANY SNAPSHOT
TABLE 225 FIS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 226 FIS: PRODUCT LAUNCHES/ENHANCEMENTS
TABLE 227 FIS: DEALS
12.2.10 SYNCTERA
TABLE 228 SYNCTERA: BUSINESS OVERVIEW
TABLE 229 SYNCTERA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 230 SYNCTERA: PRODUCT LAUNCHES/ENHANCEMENTS
TABLE 231 SYNCTERA: DEALS
12.3 OTHER KEY PLAYERS
12.3.1 STRIPE
12.3.2 ADYEN
12.3.3 DWOLLA
12.3.4 FINASTRA
12.3.5 REVOLUT
12.3.6 FISPAN
12.3.7 NIUM
12.3.8 AIRWALLEX
12.3.9 SOFI TECHNOLOGIES INC
12.3.10 MARQETA
12.3.11 FINIX
12.3.12 SYNAPSE
*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
13 ADJACENT MARKETS
13.1 INTRODUCTION TO ADJACENT MARKETS
13.2 NLP IN FINANCE MARKET
13.2.1 MARKET DEFINITION
13.2.2 MARKET OVERVIEW
13.2.2.1 NLP in Finance Market, by Offering
TABLE 232 NLP IN FINANCE MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 233 NLP IN FINANCE MARKET, BY OFFERING, 2023–2028 (USD MILLION)
13.2.2.2 NLP in Finance Market, by Software Type
13.2.2.3 NLP in Finance Market, by Service
13.2.2.4 NLP in Finance Market, by Professional Service
13.2.2.5 NLP in Finance Market, by Technology
13.3 DIGITAL PAYMENTS MARKET
13.3.1 MARKET DEFINITION
13.3.2 MARKET OVERVIEW
13.3.2.1 Digital Payment Market, by Component
TABLE 234 DIGITAL PAYMENT MARKET, BY COMPONENT, 2016–2020 (USD MILLION)
TABLE 235 DIGITAL PAYMENT MARKET, BY COMPONENT, 2021–2026 (USD MILLION)
13.3.2.2 Digital Payment Market, by Solution
13.3.2.3 Digital Payment Market, by Service
13.3.2.4 Digital Payment Market, by Deployment Type
13.3.2.5 Digital Payment Market, by Organization Size
TABLE 236 DIGITAL PAYMENT MARKET, BY ORGANIZATION SIZE, 2016–2020 (USD MILLION)
TABLE 237 DIGITAL PAYMENT MARKET, BY ORGANIZATION SIZE, 2021–2026 (USD MILLION)
14 APPENDIX
14.1 DISCUSSION GUIDE
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.3 CUSTOMIZATION OPTIONS
14.4 RELATED REPORTS
14.5 AUTHOR DETAILS
