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Fintech as a Service (FaaS) Market is Expected to Grow to US$ 1,329.12 Billion Driven by an 17.4% CAGR From 2024 to 2032

02-13-2025 12:55 PM CET | IT, New Media & Software

Press release from: Polaris Market Research & Consulting

Fintech as a Service (FaaS) Market

Fintech as a Service (FaaS) Market

๐“๐ก๐ž ๐Ÿ๐ข๐ง๐ญ๐ž๐œ๐ก ๐š๐ฌ ๐š ๐ฌ๐ž๐ซ๐ฏ๐ข๐œ๐ž (๐…๐š๐š๐’) ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฌ๐ข๐ณ๐ž ๐ฐ๐š๐ฌ ๐ฏ๐š๐ฅ๐ฎ๐ž๐ ๐š๐ญ ๐”๐’๐ƒ ๐Ÿ‘๐Ÿ๐Ÿ.๐Ÿ•๐Ÿ• ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘. ๐ˆ๐ญ ๐ข๐ฌ ๐ฉ๐ซ๐จ๐ฃ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ ๐ซ๐จ๐ฐ ๐Ÿ๐ซ๐จ๐ฆ ๐”๐’๐ƒ ๐Ÿ‘๐Ÿ”๐Ÿ•.๐ŸŽ๐Ÿ” ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’ ๐ญ๐จ ๐”๐’๐ƒ ๐Ÿ,๐Ÿ‘๐Ÿ๐Ÿ—.๐Ÿ๐Ÿ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ, ๐ฌ๐ก๐จ๐ฐ๐œ๐š๐ฌ๐ข๐ง๐  ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ ๐Ÿ๐Ÿ•.๐Ÿ’% ๐๐ฎ๐ซ๐ข๐ง๐  ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ.

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐œ๐จ๐ฉ๐ž:
To deliver a thorough examination of fintech as a service market, the report considers recent technological innovations, key market participants, revenue distribution, and regional evaluations.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/fintech-as-a-service-market/request-for-sample

๐–๐ก๐š๐ญ ๐ˆ๐ฌ ๐…๐ข๐ง๐ญ๐ž๐œ๐ก ๐š๐ฌ ๐š ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž (๐…๐š๐š๐’)?
Fintech, or financial technology, is the use of technology to provide financial services. Fintech as a Service (FaaS) is a platform that provides businesses with access to financial services through software. FaaS uses application programming interfaces (APIs) to offer services like payments, lending, and investments. FaaS is similar to Software as a Service (SaaS), where services are delivered over the Internet. FaaS applications are hosted on remote servers and can be accessed by users on a subscription or pay-as-you-go basis. FaaS allows businesses to access a wide range of financial services. FaaS can help businesses improve their offerings and create new markets.

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ:
โ€ข Increasing demand for digital finance solutions is fueling the growth of the market.

โ€ข Companies are progressively aiming to provide combined financial services like payments, loans, and digital wallets to improve customer experience, which is fueling market growth.

โ€ข The ongoing advancements in cybersecurity and fraud prevention systems on FaaS platforms boost trust and reliability, which in turn drives market expansion.

โ€ข Collaborations between fintech companies and conventional financial organizations are driving the expansion of the market.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐š ๐ƒ๐ข๐ฌ๐œ๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž:
https://www.polarismarketresearch.com/industry-analysis/fintech-as-a-service-market/request-for-discount-pricing

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:
The competitive environment of the fintech as a service (FaaS) market is characterized by a vibrant interaction among traditional financial entities, tech behemoths, and new fintech companies. Some of the leading players are:
โ€ข Block, Inc.
โ€ข Braintree.
โ€ข Envestnet, Inc.
โ€ข Mastercard Incorporated
โ€ข PayPal Holdings, Inc.
โ€ข Railsbank Technology Ltd.
โ€ข Rapyd Financial Network Ltd.
โ€ข Solid Financial Technologies, Inc.
โ€ข Synctera Inc.
โ€ข Upstart Holdings, Inc.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
โ€ข In 2023, North America held the largest portion of the global fintech as a service market, driven by its sophisticated technological infrastructure and extensive use of digital financial solutions, which has significantly enhanced the demand for FaaS products.

โ€ข The fintech as a service (FaaS) market in the Asia Pacific is projected to achieve the highest CAGR during the forecast period, driven by swift digitalization in the region, especially in emerging markets, which has greatly boosted the demand for fintech solutions.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐“๐ก๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž:
https://www.polarismarketresearch.com/industry-analysis/fintech-as-a-service-market

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:
By Type Outlook (Revenue - USD billion, 2019-2032)
โ€ข Payment
โ€ข Fund Transfer
โ€ข Loan
โ€ข Others

By Technology Outlook (Revenue - USD billion, 2019-2032)
โ€ข API
โ€ข Artificial Intelligence
โ€ข RPA
โ€ข Blockchain
โ€ข Others

By Application Outlook (Revenue - USD billion, 2019-2032)
โ€ข KYC Verification
โ€ข Fraud Monitoring
โ€ข Compliance & Regulatory Support
โ€ข Others

By End-Use Outlook (Revenue - USD billion, 2019-2032)
โ€ข Banks
โ€ข Financial Lending Companies
โ€ข Insurance
โ€ข Others

๐…๐ข๐ง๐ญ๐ž๐œ๐ก ๐š๐ฌ ๐š ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž (๐…๐š๐š๐’) ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ:
โ€ข Sep 2024 - Rapyd expanded its Payment Partner Programme to enhance revenue growth and collaboration in eCommerce, online gaming, and financial services.

โ€ข May 2024 - Mastercard selected seven high-growth startups for its Start Path In Solidarity program, providing financial tools and a global network to foster fintech innovation in AI, healthcare, and sustainability.

โ€ข Oct 2023 - Envestnet launched an Embedded Investing Solution to help financial institutions address the growing need for integrated banking applications with a comprehensive financial overview.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐Œ๐จ๐ซ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:
Robotic Process Automation (RPA) Market :
https://www.polarismarketresearch.com/industry-analysis/robotic-process-automation-market

Precision Farming Market :
https://www.polarismarketresearch.com/industry-analysis/precision-farming-market

Vertical Farming Market :
https://www.polarismarketresearch.com/industry-analysis/vertical-farming-market

Restaurant Point-Of-Sale (Pos) Terminals Market :
https://www.polarismarketresearch.com/industry-analysis/restaurant-pos-terminals-market

Mobile Point-Of-Sale (Mpos) Terminals Market :
https://www.polarismarketresearch.com/industry-analysis/mobile-pos-terminals-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:
Likhil G
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
Follow Us: LinkedIn | Twitter

๐€๐›๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก & ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐ˆ๐ง๐œ:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

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