These Fintech Statistics Show an Industry on the Rise

The term fintech (financial technology) refers to innovative tech solutions that aim to optimize banking and financial services. Technologies such as blockchain and artificial intelligence are ushering in new ways of doing business in the financial industry and creating additional options for digital banking users. 

Over the past several years, the financial industry has been buzzing about the disruptions fintech startups are causing by providing consumers with alternatives to traditional money services. In line with this new approach, most established companies have integrated fintech solutions in their regular offer.

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The financial technology sector encompasses payment processing, banking, insurance, loans, and wealth management. Each of these fields is getting a digital facelift, and the latest statistics tell us this venture has been largely successful.

On the consumer side of the global financial industry, people now expect a seamless digital experience when handling their funds, including robust mobile banking apps, so financial institutions must provide that if they want to stay afloat. As a result, partnerships and mergers between established companies and fintech startups have become relatively frequent.

Key Fintech Statistics for 2025 - Editor’s Choice

• Gen AI solutions will increase productivity in the financial sector by around 30%
• Fintech companies acquired $43.5 billion in global investments in 2024.
• As of January 2025, there were 414 unicorn fintech companies worldwide.
• The total transaction value of digital payments is expected to be more than $20.37 in 2025.

The global fintech market is worth over $209.7 billion in 2025.

(Market Data Forecast)

The market is expected to grow at a 25.18% CAGR until 2032, when it is expected to reach a staggering $1.32 trillion value.

The total value of assets in decentralized finance (DeFi) was around $118.63 billion in 2025.

(Statista)

With the massive boom that the market has seen last year, the total value of the decentralized finance market more than doubled.

Generative AI solutions are expected to increase productivity in the financial sector by 30%.

(Accenture)

The AI revolution is heavily affecting the banking sector, with the current projections seeing the potential productivity increase here being higher than in any other business sector.

66% of customers expect financial institutions to digitize everything from customer interaction to sales and service models, and descale brick-and-mortar infrastructure by 2025.

(PwC)

The fintech market has proven that more-or-less total transition to digital banking is what consumers want, and financial institutions are expected to follow suit. What’s more, most digital banking users (58%) also expect “big tech” to make further inroads into the banking market.

The old and new schools will have to find a way to settle their differences on the fly, as more fintech companies are turning away from a purely B2C business model and selling their solutions to their former adversaries (i.e., traditional financial services), who in turn want to purchase the technology they cannot build themselves (e.g., mobile banking support).

Fintech companies acquired $43.5 billion in global investments in 2024.

(Innovate Finance)

This is a significant drop for the third year in a row, from the record-breaking 2021, when global investments totaled $136.5 billion.

In 2018, Chinese payment service Ant Financial had the biggest round of investments in history, with $14 billion raised.

(Crunchbase)

This wasn’t just a record for the global fintech market but investment history as a whole. Of this amount, $10 billion came in dollars, while the rest was invested in Chinese yuan.

The platform provides digital financial services for almost two billion people. It spun off from the eCommerce platform Alibaba before its listing in 2004. China and many other societies are getting closer to becoming completely cashless as online native generations mature.

As of January 2025, there were 414 unicorn fintech companies in the world.

(CFTE)

A unicorn company is a private company with a valuation of over $1 billion. The total value of the unicorn companies in the fintech market is now $3.29 trillion.

San Francisco-based Stripe, worth $88.79 billion in 2025, is perched atop the list of America’s largest financial technology companies.

(Forbes)

Founded in 2011, Stripe started as a payment-processing service for small businesses. Nowadays, the company’s clients include the likes of Facebook and Amazon. With these big names on board, Stripe’s value has skyrocketed, and the company has now processed more than $1 trillion in transactions.

For 55% of the US population, safety fears about sharing financial data are the biggest deterrent to adopting digital services and open banking.

(Discover Global Network)

Companies supplying fintech payment solutions need to invest in patching up security holes and show consumers that the convenience of their services outweighs everything else. If they can do this, their market share is sure to grow.

37% of Gen X and Millennial affluent mobile bank customers use their app of choice a few times a week, while 31% use it several times a day.

(S&P Global)

Comparatively speaking, older generations use mobile banking much less often. 40% of users from this age group only fire up their apps once a week or less. Interestingly enough, younger customers also visit branches more often.

The total transaction value of digital payments is expected to reach $20.37 trillion by the end of 2025.

(Statista)

Digital payments are, without a doubt, the main driving force behind the fintech sector. The total transaction value is expected to grow at a 15.90% CAGR until 2030.

Chatbots will save banks $8 billion by 2025.

(Juniper Research)

The amount of funds that banks save through AI chatbots has increased radically compare to just five years earlier.

In 2024, 43% of motor insurance premiums in the US were sold using online sales.

(Statista)

This is a rather large increase from 30.5% ni 2019.

Insurance fintech companies raised about $4.2 billion in investments in 2024.

(Forbes)

The number is much lower than the 2021 record of $14.9 billion, and has decreased by further $400 million compared to 2023.

The wealth management fintech market is valued at $7.05 billion in 2025.

(Research Nester)

The wealthtech market is expected to grow at a 16.4% CAGR from 2025 to 2037, when it is expected to reach $44.86 billion. 

The digital lending market size in 2025 is $19.37 billion.

(The Business Research Company)

This market sector will grow incredibly fast, with a 23.7% CAGR until 2030. 

VC funding for blockchain startups reached $13.6 billion in 2024.

(Yahoo Finance)

When it comes to fintech, the blockchain is gaining momentum, and the technology’s funding shows investors think it emerged from its proof-of-concept phase.