<bi-shortcode id="summary-shortcode" data-type="summary-shortcode" class="mceNonEditable" contenteditable="false">Summary List Placement</bi-shortcode><p>In recent years, we've seen a ballooning of activity in fintechan expansive term applied to technology-driven disruptions in financial services, where financial companies and startups use artificial intelligence (AI) and other tech in their day-to-day processes.</p><p>As consumers increasingly turn to alternative, digital methods of managing their finances, tech-savvy startups and traditional financial institutions (FIs) alike are diving into the fintech industry. And investors would be wise to take note of this digital shift.<img class="center" src="https://static5.businessinsider.com/image/5fca4b01b6a3a800199b691b-1600/Global Fintech MA Activity.png" border="0" alt="Global Fintech M&A Activity" data-mce-source="Insider Intelligence"></p><h2>Fintech Market Stats</h2><p>The Global Fintech Market is anticipated to grow at a CAGR of around 20% over the next four years. The market value is expected to reach around $ 305 billion by 2025, <a href="https://www.globenewswire.com/news-release/2020/12/17/2147264/0/en/Global-Fintech-Market-Report-2020-2025-Competition-Forecast-Opportunities.html#:~:text=The%20Global%20Fintech%20Market%20was,solutions%20by%20banks%20and%20firms.">according to GlobeNewswire</a>.</p><p style="text-align: left;">Additionally, this year marked a watershed moment for the fintech sector, with the once clear distinction between fintechs and financial services proper now blurred significantly. Virtually every incumbent financial institution is now looking inward and engaging in an innovation drive, spurred on by competition from fintechs amid the coronavirus pandemic. As such, incumbents are now actively investing in, acquiring, and collaborating with their fintech rivals.</p><h2 style="text-align: left;">Fintech Company Landscape</h2><p>As consumers increasingly turn to digital forms of managing their finances, <a href="https://www.businessinsider.com/digital-banking">digital only banks</a> and fintechs have posed a threat to traditional banking institutions. Some of the <a href="https://www.businessinsider.com/fintech-companies-startups">world's top fintechs</a> include:</p><p><img style="float:right;" src="https://static4.businessinsider.com/image/5e5791d4fee23d1d4a468e36-2400/monzo 4.jpg" border="0" alt="Monzo" data-mce-source="Monzo" data-mce-caption="Monzo's debit card"></p><h4><a href="https://monzo.com/">Monzo</a></h4><p>Number of Employees: 251 to 500</p><p>Total Funding: $356 Million</p><h4><a href="https://www.starlingbank.com/">Starling Bank</a></h4><p>Number of Employees: 501 to 1,000</p><p>Total Funding: $354 Million</p><h4><a href="https://www.businessinsider.com/reviews/out'u=https%3A%2F%2Frobinhood.com%2Fus%2Fen%2F">Robinhood</a></h4><p><img style="float:right;" src="https://static5.businessinsider.com/image/5eeb89b5988ee321d6713945-1024/gettyimages-1157449079.jpg" border="0" alt="Robinhood app phone screen" data-mce-source="Rafael Henrique/SOPA Images/LightRocket via Getty Images"></p><p>Number of Employees: 501 to 1,000</p><p>Total Funding: $1.2 Billion</p><h4><a href="https://mint.intuit.com/">Mint </a></h4><p>Number of Employees: 5,001 to 10,000</p><p>Total Funding: $31.8 Million</p><h4><a href="https://www.coinbase.com/">Coinbase</a></h4><p>Number of Employees: 251 to 500</p><p>Total Funding: $547.3 million</p><h4><a href="https://www.businessinsider.com/reviews/out'u=https%3A%2F%2Fwww.sofi.com%2F">SoFi</a></h4><p>Number of Employees: 1,001 to 5,000</p><p>Total Funding: $2.5 billion</p><h2>Fintech Industry Trends</h2><p><strong>Big Tech companies will dive into wealth management in the coming years. </strong>Amazon, Google, and Microsoft, are already building the digital infrastructure required by wealth managers, and almost three-quarters of global high net worth individuals say they would adopt wealth management services from big tech firms, <u><a href="https://worldwealthreport.com/resources/world-wealth-report-2020/" target="_blank" rel="noopener">according to</a></u> Capgemini. <img class="center" src="https://static5.businessinsider.com/image/5fa56b001df1d5001821942a-1512/Bg-Hyprid Robo Advisor.gif" border="0" alt="Bg Hyprid Robo Advisor" data-mce-source="II"></p><p><strong><a href="https://www.businessinsider.com/best-robo-advisors">Robo-advisor</a> adoption is set to grow in the future </strong><strong> presenting an opportunity for fintechs and incumbents alike</strong><strong>. </strong>Insider Intelligence estimates that robo-advisors in North America only had $330 billion in AUM at the end of 2019, but we expect this number to grow to $830 billion by 2024.</p><p><strong>Rising fintech adoption will spur further national regulatory initiatives in China and across the globe</strong>improving the competitiveness of China's already advanced fintech ecosystem. The coronavirus pandemic pushed financial services online to better reach consumers. And this growing fintech use is likely pushing China's regulators to investigate and better understand major fintechs' activities.</p><h2 style="text-align: left;">Fintech Market Research & Analysis</h2><p>Insider Intelligence put together <em><strong>The Next Era of Fintech Bundle</strong></em>, a curated collection of six reports, to help <a href="https://www.businessinsider.com/financial-services-industry">financial services industry</a> leaders navigate this quickly shifting landscape. As incumbents and startups implement advanced digital technology in their everyday workflows, consumers are being driven to digital services and offerings. </p><p><strong><em>Interested in getting the bundle' Here's how you can gain access:</em></strong></p><ol><li>Join other Insider Intelligence clients who receive this report, along with thousands of other Fintech forecasts, briefings, charts, and research reports to their inboxes. <a href="https://www.insiderintelligence.com/become-a-client/'IR=T&itm_source=businessinsider&itm_medium=content_marketing&itm_campaign=report_teaser&itm_content=bottom_bullets&itm_term=enterprise_text_link-fintech-ecosystem-report">>> <strong>Become a Client</strong></a></li><li>Purchase the bundle from our store. <a href="https://store.businessinsider.com/products/the-next-era-of-fintech-bundle'IR=T&itm_source=businessinsider&itm_medium=content_marketing&itm_campaign=report_teaser&itm_content=full_report_text&itm_term=store_text_link-fintech-ecosystem-report&vertical=fintech">>> <strong>Buy The Bundle Here</strong></a></li></ol><p><a href="https://www.businessinsider.com/fintech-ecosystem-report#comments">Join the conversation about this story »</a></p> Click here to read full news..