Why Should Financial Institutions Go for Fintech Technology?

Without doubt Fintech is one of the hottest topics that goes across the globe currently. Moreover it is literally hard to imagine a world without fintech in this pandemic period. Even in lockdown, it is the only source to make things happen financially.

Industries and businesses who are not recognized about fintech have also turned into this advantageous solution to solve their concerns regarding payments & more during this pandemic.

Go though some statista which makes us recognize the surge of fintech technology around the world

1. As a result of this, FinTech market worth is expected to hit 310.98 billion USD in 2022, with a CAGR of 24.8%.
2. At 2020, the estimate d value was 127 billion USD. Due to the sudden surge in fintech apps have made an abnormal growth for fintech in the market
3. A report claims that about 95% of global buyers have atleast one fintech application in their mobile devices
4. America stands top in the fintech usage with upholding around 35% of the global fintech market and has a huge number of fintech startups
5. Asian countries like India, China endorsed with fintech in large numbers as both are mobile first countries

This is why several entrepreneurs and financial sectors are going for fintech app development. If you are one among them, looking for reputed software company, then there is no one better than MacAndro. Being expertise in app development, MacAndro helps financial sectors to overcome by leveraging fintech technology