Posts Tagged ‘statistics’

Fintech’s reach is limited to the rich 23% of Indians, says report

Fintech companies have succeeded to cater to only 23 per cent of the elite/affluent section of the Indian economy while a huge portion still remains untapped. The lower and middle income segment, which comprises 47 per cent of the population, remains a potential market, states a study supported by JP Morgan. Fintechs have the opportunity […]

Swiss Fintech Startup Map July, 264 Swiss Fintech Startups

Swisscom released the Swiss Fintech Startup Map for July 2018 which now counts 264 Swiss Fintech Startups, 14 more than in June. View the map

From $2.9 Billion in a Month to Hundreds Dead: Trends of the Rollercoaster ICO Market in 18 Months

Around 1000 cryptocurrencies have been considered deceased recently. It was attached to Bitcoin’s drop in value and was hinting toward a total cryptocurrency bubble. However, the cryptocurrency ecosystem is a little more complex than that, and one of the most interesting and staggering facets of it all has to do with the ICO marketplace. This rambunctious […]

A snapshot of Indonesia’s financial tech scene

According to a May 2018 report published by Fintech Singapore on the state of the Indonesian fintech scene, the total value of disclosed fintech investment as of 2017 is $176 million, with the transaction value in 2018 projected to be $22 million. Only half of all adults in Indonesia have a bank account, which means that […]

A snapshot of Singapore’s fintech scene

Singapore is often hailed as the hub for fintech in Southeast Asia. Tech in Asia offers a snapshot of its fast-growing financial tech scene. View the infographics

How long does it take to become a unicorn?

Globally there are now 241 unicorn companies in existence – and combined they’re worth a staggering $818bn. New research from Compare the Market has found that on average it has taken seven years from launch to grow these companies into unicorns. However 19 made it to $1bn in less than a year – an incredible […]

KPMG finds few firms have fintech strategy

Only 13 per cent of attendees at KPMG in Bermuda’s Fintech Summit last month said their company had a fintech strategy in place. However, another 46 per cent said they had a fintech strategy in development and 96 per cent believed fintech would impact their industry within the next three years. Those were some of […]

Cryptocurrency markets are juicy targets for hackers: Timeline

Investors’ shaky confidence in virtual currencies took another hit after crypto exchange Bithumb suffered a hack that saw about US$32 million worth of coins stolen. Boosters still present a bullish picture about the future of digital assets. But the more than US$1 billion in thefts – most of which are unsolved – is becoming a growing […]

Chinese Official Says Blockchain Projects Globally Had Average Life Span Of 1.22 Years

For the over 80,000 blockchain projects ever launched globally, only 8% are still being actively maintained and the average life span is only around 1.22 years, says an official at the China Academy of Information and Communications Technology (CAICT). «(These projects) came out very quickly, but die quickly as well,» He Baohong, the director of Cloud […]

Fintech most popular sector for HNW investors: report

Analysis of the preferences of the registered investors of Capitama, which includes more than 300 individuals, family offices, PE firms and investment offices has indicated that fintech and technology investment opportunities more generally are the two most popular sectors among investors. 69% of Capitama investors are interested in fintech investment opportunities and 67% want to see […]