1、Global Fintech 2023 Reimagining the Future of FinanceMay 2023 By Deepak Goyal,Rishi Varma,Francisco Rada,Aparna Pande,Juan Jauregui,Patrick Corelli,Saurabh Tripathi,Yann Snant,Stefan Dab,Yashraj Erande,JungKiu Choi,Jan Koserski,and Joseph Carrubba of the Boston Consulting Group By Nigel Morris,Frank

2、 Rotman,Matt Risley,and Sahej Suri of QED InvestorsContents02 Introduction04 Fintechs Have Come of Age 09 Industry Fundamentals Remain Strong15 Fintech Revenues Are Projected to Grow Sixfold by 203020 While Payments Led the Last Era,B2B2X and B2b Are Expected to Lead the Next 25 A Tale of Two Cities

3、 on Spread Businesses29 Insuretech and Wealthtech Opportunities Are Mostly in B2B2X31 The Path Toward Growth Still Carries Risks,and Requires Action41 About the AuthorsBOSTON CONSULTING GROUP +QED 2Fintech”is a word thats barely a generation old.But in that nanosecond of historical time,this amalgam

4、 of“finance”and“technology”or,more specifically,the array of products and services that fintech companies have brought to lifehas had an impact on the daily lives of bil-lions of people.For the past two decades,the fintech industry has been shaped by the rise and rapid adoption of transformative tec

5、hnologies and the applications(“apps”)they enable.A key to success during this journey has been the ability of fintechs to identify and ease the points of friction customers have often had with traditional financial institutions(FIs).Many fintechs have delivered high-quality,service-focused digital

6、experiences,provided access to unbanked and underserved customer segments,and introduced cost-effective ways of operating through a more efficient infrastructure and simplified processes.In order to grasp where the fintech industry is going,and to understand its importance for a very diverse set of