The fintech sector is revolutionizing the global economy by transforming financial services through technology, making transactions faster, more accessible, and cost-efficient. It encompasses digital payment systems, online lending, blockchain, cryptocurrency, and insurtech, reshaping the way individuals and businesses manage finances. In 2024, the global fintech market was valued at approximately $310 billion, contributing around 0.33% of global GDP, and employing over 1.5 million professionals, including developers, financial analysts, and compliance experts.

With a projected CAGR of 20.5%, the sector is expected to surpass $650 billion by 2030, driven by increasing internet penetration, smartphone adoption, and demand for digital financial solutions. Leading countries include the United States, home to top fintech firms like Stripe and PayPal; China, a leader in digital payments and mobile banking; and India, with its growing digital economy and government initiatives. Fintech is accelerating financial inclusion and innovation, playing a crucial role in global economic transformation.