FinTech has become one of the most lucrative industries in the world today as a result of the financial sector’s digitalization. We came across a FinTech business that offers services for handling conventional financial transactions like saving, investing, and loans. But it also includes ground-breaking financial innovations like blockchain and cryptocurrency.
They got in touch with us because they needed help with fundraising. They had a superb business plan in place, and the market was primed to accept their offerings. All they required were successful fundraising efforts that would hit the mark. Here’s where we come in!
The fintech industry has grown rapidly in the US over the last few years. Investors invested a significant amount of money in insurance technology in 2018. As of August, more than $1.8 billion had been invested in the sector, with digital agencies and full-stack businesses receiving the majority of the attention.
The previously mentioned figure demonstrates how open US consumers are to using digital financial products and services. If there are no major shocks to the credit markets or the economy, originations are expected to reach $73.7 billion annually by December 2022, growing at a compound annual growth rate of 12.4%.
The FinTech company raised $6 million in capital in 3 months after we entered the discussion stage. They are utilizing the money to grow the business and penetrate new, developing markets around the world.
