In 2020, the global FinTech adoption rate rose to 64%. While online payments and digital wallets were the biggest contributors to the growth, the rise of cryptocurrency and stock trading among the youth also became a driving factor for FinTech’s success.
As financial firms, enterprises, and startups realize the importance of digital finance, more and more FinTech app development companies are entering the industry. The development of contactless payment solutions, digital banking, blockchain networks, and more are now a priority for such companies.
There is now a high demand for FinTech app developers who can build a fascinating and advanced digital FinTech platform. FinTech offers lower cost, greater convenience, and a faster rate of transactions than offline methods. That is why enterprises look for FinTech software developers who can build solutions to reap the economic and competitive benefits.......
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