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Techfoliance EUROPE | 1 October 2018

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5 key Fintech Figures to End 2016

5 key Fintech Figures to End 2016

In 2016, our team selected every month 5 figures in Fintech to help people better understand the magnitude of the disruption going on in the banking sector. It is time for us to share with you the last 5 figures that we selected in December 2016 and wish you a very happy new year 2017 !

We highlight the surge of the bitcoin, the buzzword chatbot, the potential of India for Fintech, Artificial Intelligence’s potential for banks and the amount Fintech companies raised in 2016:

FINTECH FIGURES OF THE MONTH

+125%

the price of the bitcoin increased by +125% over 2016 which now value it at more than 1000$.

Reuters


2.2 billion

As of today, more than 500 million people use chatbots and that number is expected to reach 2.2 billion by 2020.

The Digital Finance Institute


900 million

There are 900 million mobile connections and Indians spend 45% of their incomes on mobile technologies and platforms (Americans only spend 11%).

The Daily Fintech


$9.2 billion

By 2019, the global market for content analytics, discovery and cognitive systems software is projected to reach $9.2 billion, according to IDC.

Accenture


$36 billion

In 2016, financial technology companies around the world raised a total of around $36 billion in financing across over 1500 funding deals from over 1700 unique investors.

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