North America Fintech-as-a-Service Market Size, Share & Industry Trends Analysis Report By Technology (Blockchain, API, Artificial Intelligence, RPA), By End Use, By Type, By Application, By Country and Growth Forecast, 2022 - 2028

North America Fintech-as-a-Service Market Size, Share & Industry Trends Analysis Report By Technology (Blockchain, API, Artificial Intelligence, RPA), By End Use, By Type, By Application, By Country and Growth Forecast, 2022 - 2028

The North America Fintech-as-a-Service Market would witness market growth of 16.3% CAGR during the forecast period (2022-2028).

Bank visits, standing in lines, and dealing with red tape are the stuff of the past. Cloud computing is used to establish intelligent relationships between customers and organizations through artificial intelligence, APIs connected to voice assistants, and Invisible Banks. It provides simple online transactions, which lowers expenses for all parties. Right now, this is the greatest wager in the fintech industry.

With open banking, customers provide banks and other financial service providers with secure access to their banks and financial information. These companies might then be able to provide them with specialized goods and services that satisfy their customers' needs while also enhancing data security. Companies that adopt Open Banking see the expansion of their database as a positive. After all, they gain information that is previously known to their competitors.

Paying with a QR code is one of the fintech industry's major promises. A true banking device today is any mobile smartphone with a camera. The future of the banking sector would undoubtedly change as a result of the instant payment trend. Massive amounts of data can be processed using machine learning applications, and these programs can draw insightful conclusions that can boost productivity and cut down on processing time.

Additionally, it performs real-time trend analysis, enabling prompt decision-making. Today, AI/ML is employed in many financial services applications, from risk management and investment forecasts to fraud detection, lending approvals, and AML screening. Fintech would continue to be one of the crucial industries due to the advancement of machine learning.

North America, as a result of rising blockchain technology investment. Numerous blockchain development projects have been started in the US in recent years, which has accelerated the market's expansion. Moreover, this area is home to a large number of small, medium-sized, and technology-based businesses. Additionally, there has been significant progress in the integration of public critical services with BaaS solutions, which is predicted to open up new growth opportunities for the local BaaS market in the coming years.

The US market dominated the North America Fintech-as-a-Service Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $165,790.7 million by 2028. The Canada market is poised to grow at a CAGR of 19% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 17.9% during (2022 - 2028).

Based on Technology, the market is segmented into Blockchain, API, Artificial Intelligence, RPA, and Others. Based on End Use, the market is segmented into Insurance, Bank, Financial Lending Companies, and Others. Based on Type, the market is segmented into Payment, Fund Transfer, Loan, and Others. Based on Application, the market is segmented into Compliance & Regulatory Support, KYC Verification, Fraud Monitoring, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include PayPal Holdings, Inc., Mastercard, Inc., Upstart Network, Inc., Block, Inc., Envestnet, Inc., SoFi Technologies, Inc., Rapyd Financial Network Ltd., Solid Financial Technologies, Inc., Synctera Inc., and Railsbank Technology Ltd. (Railsr).

Scope of the Study

Market Segments covered in the Report:

By Technology

  • Blockchain
  • API
  • Artificial Intelligence
  • RPA
  • Others
By End Use
  • Insurance
  • Bank
  • Financial Lending Companies
  • Others
By Type
  • Payment
  • Fund Transfer
  • Loan
  • Others
By Application
  • Compliance & Regulatory Support
  • KYC Verification
  • Fraud Monitoring
  • Others
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America
Companies Profiled
  • PayPal Holdings, Inc.
  • Mastercard, Inc.
  • Upstart Network, Inc.
  • Block, Inc.
  • Envestnet, Inc.
  • SoFi Technologies, Inc.
  • Rapyd Financial Network Ltd.
  • Solid Financial Technologies, Inc.
  • Synctera Inc.
  • Railsbank Technology Ltd. (Railsr)
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Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Fintech-as-a-Service Market, by Technology
1.4.2 North America Fintech-as-a-Service Market, by End Use
1.4.3 North America Fintech-as-a-Service Market, by Type
1.4.4 North America Fintech-as-a-Service Market, by Application
1.4.5 North America Fintech-as-a-Service Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
Chapter 4. North America Fintech-as-a-Service Market by Technology
4.1 North America Blockchain Market by Country
4.2 North America API Market by Country
4.3 North America Artificial Intelligence Market by Country
4.4 North America RPA Market by Country
4.5 North America Others Market by Country
Chapter 5. North America Fintech-as-a-Service Market by End-use
5.1 North America Insurance Market by Country
5.2 North America Bank Market by Country
5.3 North America Financial Lending Companies Market by Country
5.4 North America Others Market by Country
Chapter 6. North America Fintech-as-a-Service Market by Type
6.1 North America Payment Market by Country
6.2 North America Fund Transfer Market by Country
6.3 North America Loan Market by Country
6.4 North America Others Market by Country
Chapter 7. North America Fintech-as-a-Service Market by Application
7.1 North America Compliance & Regulatory Support Market by Country
7.2 North America KYC Verification Market by Country
7.3 North America Fraud Monitoring Market by Country
7.4 North America Others Market by Country
Chapter 8. North America Fintech-as-a-Service Market by Country
8.1 US Fintech-as-a-Service Market
8.1.1 US Fintech-as-a-Service Market by Technology
8.1.2 US Fintech-as-a-Service Market by End-use
8.1.3 US Fintech-as-a-Service Market by Type
8.1.4 US Fintech-as-a-Service Market by Application
8.2 Canada Fintech-as-a-Service Market
8.2.1 Canada Fintech-as-a-Service Market by Technology
8.2.2 Canada Fintech-as-a-Service Market by End-use
8.2.3 Canada Fintech-as-a-Service Market by Type
8.2.4 Canada Fintech-as-a-Service Market by Application
8.3 Mexico Fintech-as-a-Service Market
8.3.1 Mexico Fintech-as-a-Service Market by Technology
8.3.2 Mexico Fintech-as-a-Service Market by End-use
8.3.3 Mexico Fintech-as-a-Service Market by Type
8.3.4 Mexico Fintech-as-a-Service Market by Application
8.4 Rest of North America Fintech-as-a-Service Market
8.4.1 Rest of North America Fintech-as-a-Service Market by Technology
8.4.2 Rest of North America Fintech-as-a-Service Market by End-use
8.4.3 Rest of North America Fintech-as-a-Service Market by Type
8.4.4 Rest of North America Fintech-as-a-Service Market by Application
Chapter 9. Company Profiles
9.1 PayPal Holdings, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.5.3 Acquisition and Mergers:
9.2 Mastercard, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional Analysis
9.2.4 Recent strategies and developments:
9.2.4.1 Partnerships, Collaborations, and Agreements:
9.2.4.2 Acquisition and Mergers:
9.3 Upstart Network, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Recent strategies and developments:
9.3.3.1 Partnerships, Collaborations, and Agreements:
9.3.3.2 Product Launches and Product Expansions:
9.4 Block, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Recent strategies and developments:
9.4.4.1 Acquisition and Mergers:
9.5 Envestnet, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Recent strategies and developments:
9.5.4.1 Partnerships, Collaborations, and Agreements:
9.6 SoFi Technologies, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Recent strategies and developments:
9.6.4.1 Acquisition and Mergers:
9.7 Rapyd Financial Network Ltd.
9.7.1 Company Overview
9.7.2 Recent strategies and developments:
9.7.2.1 Partnerships, Collaborations, and Agreements:
9.7.2.2 Product Launches and Product Expansions:
9.7.2.3 Geographical Expansions:
9.8 Solid Financial Technologies, Inc.
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Partnerships, Collaborations, and Agreements:
9.9 Synctera Inc.
9.9.1 Company Overview
9.9.2 Recent strategies and developments:
9.9.2.1 Partnerships, Collaborations, and Agreements:
9.10. Railsbank Technology Ltd. (Railsr)
9.10.1 Company Overview

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