What's In Store For Fintech Sector In 2019?
Fintech is a hot topic these days. The sector is growing rapidly with startups gaining acceptance globally. A joint report from The Institute of Chartered Accountants in England and Wales (ICAEW) and the Institute of Singapore Chartered Accountants (ISCA) says that London and Singapore are excellent hubs for fintech activity. It further notes that these regions are interesting to explore because they have many of the same strengths, but also very different circumstances, providing a richer picture of fintech development around the world.
With the sector crawling into every segment of the financial services, it’s a good time to take a look at a few trends that will dominate the fintech market in 2019.
We asked Prajit Nanu, co-founder and chief executive officer of InstaReM,a cross-border payments company, what’s in store for the fintech sector in 2019.
Here’s what he had to say. Edited excerpts: