With consumers looking for efficiency, the number of fintech firms in the UK is set to
double by 2030. Secure
payment services are in demand and the adoption of new technology by start-ups has made it
possible to offer such facilities. As such, the popularity of these firms is
growing at a rapid rate. Thanks to a change in consumer habits, challenger
banks have more opportunities to expand. In fact, they have cemented
their role in the financial landscape, growing in search by 32% between
2016 and 2019.
Fintech
start-ups are gaining popularity © Royalty-free image
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