MEDICI Launches 'FinTech in 2020 – A Year in Charts'

NEW YORK - Jan. 20, 2021 - PRLog -- MEDICI released its new report on 'FinTech in 2020 – A Year in Charts' on January 19, 2021. In this research report, MEDICI explores how contactless interactions and banking on digital platforms became the norm in 2020. For the FinTech ecosystem, the year 2020 was nothing less than ordinary. While some FinTech segments were adversely affected, others registered growth. In this report, we take a look at the year 2020 for FinTech through various charts.

Key Highlights

• Funding and Investor Activity: Detailed global overall and sectoral funding analysis, and comparison of 2019 and 2020 by region and funding stage.
• Unicorns, IPOs, and M&As: FinTechs that acquired the Unicorn status, FinTechs that went through M&As, and FinTechs that went public.
• Segment Analysis: FinTech impact in Payments, Lending, InsurTech, WealthTech, Neobanking/Digital Banking, and Blockchain and Cryptocurrency.
• Performance of FinTech in Key Areas: Understanding FinTech performance in 2019 and 2020.

In 2020, COVID-19 had a profound impact on our daily lives. Financial technology that promises financial products and services through technology has been crucial in conducting our daily financial lives. Over $45 billion of private funding went into the FinTech ecosystem in 2020. Payments witnessed growth, but Lending and InsurTech saw the opposite. We revisit FinTech in 2020 and go into specific segments to analyze their performance through various charts.

'FinTech in 2020 – A Year in Charts' will be available starting January 19, 2021. For more information on the report, visit https://bit.ly/2XWShqM