Digital Payments and Personal Finance were the Most Revenue Generating Segment in the US Fintech Market : Ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The US FinTech business lending market has grown at an unprecedented pace in the last five years. The major players in the business lending market include Funding Circle, OnDeck, Kabbage, CAN Capital and others with OnDeck and CAN capital leading the market in terms of loan disbursed. One of the important factors for the growth of the FinTech market in the US is the huge investor’s interest in this emerging sector. Recently, there has been a drastic incline in investments in the global FinTech space as well. Equity crowdfunding involves trading equity of a company for the cash collected by the investors or individuals. Till 2015, the regulations in the U.S. only permitted accredited entrepreneurs to raise money from equity crowdfunding. These investors have to meet certain levels of wealth, established by the SEC. However, in the near future, the SEC would make it legal for entrepreneurs to raise money from the individuals who are not professional investors as well. Although services offered by FinTech companies greatly differ from the traditional financial institutions, they are subjected to same AML regulations. Mobile payment systems, digital wallets, peer-to-peer money transfers and several other services offered by FinTech companies are all money service businesses (MSBs) and are therefore subjected to the Bank Secrecy Act’s (BSA) reporting and compliance requirements. Financial services market in the country is increasingly regulated. As a result, a particular state or federal regulations can have large scale implication on a company’s performance and operations. FinTech companies need to pay closely follow developments in local, state or federal policies as early relevant notifications are very critical to overcome regulatory risk and utilize the developments to its advantage. Another important driver of the FinTech industry has been the state and federal government’s regulations and rules which have facilitated the growth of this sector. Post 2008 crisis, there was a massive change in the working environment and several regulations. The mobile wallets ecosystem has grown at an overwhelming pace in the last four years. Advanced payment security, faster checkout, loyalty rewards and customer ease have been the major factors driving the mobile wallets market in the country. However, in-store payments through mobile wallets have not had much of a success as of yet. Delay in adoption of the required infrastructure such as NFC terminal by retail merchants have prevented mobile wallets from achieving mainstream adoption. Topics Covered in The Report US Financial Technology Market US Fintech Market US P2P Lending Market US Digital Payments Market US Mobile Wallet Market Market Size Robo Advisors Market Robo Advisors AUM US United States Market Trends Fintech Business Lending Market Future Global Fintech Market United States Fintech Market Forecast Equity Crowd Funding Pulse of Fintech Fintech Companies United States Market Growth Financial Technology Fintech Companies Growth US Fintech Market Size US Fintech Market Growth US Fintech Market share US Fintech Market trends For more information on the market research report please refer to the below link: https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/us-fintech-market-report/54351-93.html Contact: Ken Research Ankur Gupta, Head Marketing & Communications query@kenresearch.com +91-124-4230204 Tags: Business Lending Market Future, Fintech Companies Growth, Fintech Companies United States, Fintech Report: Ken Research, Global Fintech Market, Market Forecast Equity Crowd Funding, Market Growth Financial Technology, Market Size Robo Advisors Market, Pulse of Fintech, Robo Advisors AUM US, United States Fintech, United States Market Trends Fintech, US Digital Payments Market, US Financial Technology Market, US Fintech Market, US Mobile Wallet Market, US P2P Lending Market, US P2P Lending Market US Digital Payments Market