White paper on insight into opportunities of financial technology going to sea From Facbook&iResearch

The following is the White paper on insight into opportunities of financial technology going to sea From Facbook&iResearch recommended by recordtrend.com. And this article belongs to the classification: research report, financial technology.
In the post epidemic environment, social distance still exists, the public’s demand for digital wealth management is soaring, the financial technology industry has taken advantage of the situation to attract a large number of young investors, and the innovation iteration of financial technology products is also constantly meeting the needs of the market.
2020 is an extraordinary year for the global app market, and so is the financial app. This year, the global financial app showed potential that can not be ignored.
The transaction volume of various fintech sub industries surged. The subcategories including mobile payment, digital custody, wealth management and digital currency exchange have increased significantly.
Southeast Asia is the most popular destination, while Africa is an emerging market with high potential. Consumer finance enterprises occupy the largest market in Southeast Asia.
In consumer finance apps, the number of male users is more than that of female users. Most users are young, willing to accept new things and have a certain repayment ability.
In addition to user portraits, this white paper also combines successful cases to conduct in-depth research in four subdivided areas. For example, how did akulaku, a consumer finance app, successfully outline its business map:
If fintech apps want to go to sea, they must clarify the possible challenges. First of all, sea going enterprises need to strictly abide by local policies. This white paper also analyzes the difficulty and requirements of entering popular markets.
At the same time, the financial technology industry meets the urgent needs of the market with continuous innovation, which is also the future opportunity.
Mobile payment and cryptocurrency are innovative products and services that have emerged in recent years. In emerging markets such as Africa, these concepts are still not widely accepted, but their growth potential can not be underestimated. One of the suggestions given in this white paper is to actively test the water in the “blue ocean” market.
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