10 Most Promising FinTech Solution Providers – 2023

Embracing the Horizons of Seamless Payment with FinTech Solutions
FinTech is the catchy abbreviation of Financial Technology. India is the second largest populated country having the second largest numbers of internet users. With every passing day the world is coming up with booming ideas of technologies which are making our task easier and even faster. Financial Technology is one among them which are making our life smoother by allowing us to pay for anything from anywhere with just a single click. It simplifies the financial transaction by using various software and computer languages like NET, JavaScript, TypeScript, Node.js, React.js, React Native, NestJS, Golang, Electron.js, GraphQL, Kubernetes, AWS, Azure, GCP to achieve their goals smoothly and successfully.

FinTech Solution: There are few companies which are working in this field with their technologically updated skills, ideas and techniques with expert workforces are known as finTech solutions. These companies are offering with golden opportunities of seamless payment using various applications like robo-advisors, payment apps, peer-to-peer (P2P) lending apps, investment apps, and crypto apps using high-end computer languages. With such finTech companies online banking has become faster and hassle-free and more accurate with updated deposit or withdrawal record which was tiring and time consuming previously.

Benefits or Services Provided: These companies with a wide range of expert software developers provides to-notch solutions to some of the leading banks by integrating  Artificial Intelligence, and Machine Learning. And also connects the marketplace with the software, lending loan from one person to another, convey and conduct the process of credit solution assessment and expense management system, that enables the company to work towards optimizing financial solutions achieving excellence in financial technology.

Future of this Industry: Currently, 2200 fintech companies are operating within which 19 percent are in the payment sector and the rest are operating in lending and wealth technology. As per the data 67 percent of the finTech companies have set up within five years. The recent cost value of this fintech sector is expected to grow $138 billion by 2022 and it will touch $ 556.58 Billion by the year 2030 with a compound annual growth rate (CAGR) of 19.5 percent.

CIOTechOutlook in this issue presents a list of ‘10 Most Promising FinTech Solution Providers – 2023’ who have leveraged their extensive industry expertise and experience in providing excellent solutions. The following list has been prepared after being closely scrutinized by a distinguished panel of judges including CXOs, analysts and our editorial board. We recognize their valuable contribution to the ever expanding and competitive market and their ability to sustain themselves and emerge as top contestants through their reliable products and solutions.

We present to you CIOTechOutlook 10 Most Promising FinTech Solution Providers – 2023.