FinTech Is Not a Niche Anymore, It's a Powerful and Highly Disruptive Industry

Declaring the death of FinTech… As a niche

In February this year, Matt Carey, Co-Founder of Abaris, the first direct-to-consumer online marketplace for retirement products, declared the death of FinTech as a niche, saying, Financial technology (FinTech) as a niche is dead. No, it’s not going away. Rather, financial technology is on the cusp of becoming so entrenched in every aspect of global finance that we’ll stop thinking of it as a niche and start thinking of it as the core of how financial services are delivered to consumers, corporations and institutional investors.

Catalysts of FinTech establishment as an industry

There are plenty of reasons why ...