The Europe Fintech-as-a-Service Market would witness market growth of 16.5 % CAGR during the forecast period (2022-2028).
Platforms and applications that provide banking as a service (BaaS) have developed as a practical and economical way to deliver financial services based on open banking concepts. To develop innovative digital services, banks must use a service-oriented and composable/modular architecture strategy. BaaS must be a part of traditional banks and financial institutions' digital transformation plans. It is anticipated that more traditional financial institutions would interact with fintech by leveraging BaaS services to internalize cutting-edge technologies and enhance their products.
Real-time payments have already been embraced by a significant number of large organizations in the United States, and this number is projected to rise. Approximately 50 real-time payment options are currently active in several countries and regions. Due to the competitive advantage, it provides businesses, with less risk of payment failure, and increased cash flow efficiency, the urgency of payment settlement is in high demand. Real-time capabilities would likely be expanded to include international payments as local systems gain greater traction and acceptance.
Artificial intelligence (AI) is being used more frequently in financial organizations to detect and reduce fraud through digital banking channels. Included are asset management, mobile banking, insurance, digital loans, credit scores, and buying and selling activities. AI systems can ascertain a customer's typical behavior by analyzing their interactions with other customers and looking at their purchases.
In the upcoming years, Europe would experience rapid expansion in the Blockchain as a Service sector. Due to an increase in trade financing, post-trade or transaction settlements, cross-border payments & settlements, and transaction agreements, the banking industry is expected to invest a significant amount in these technologies. Additionally, the banking industry's spending on blockchain technology has been stimulated by the widespread acceptance of cryptocurrencies. This surge in blockchain technology investment will fuel the expansion of the local BaaS sector.
The Germany market dominated the Europe 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 $45,900.2 million by 2028. The UK market is anticipated to grow at a CAGR of 15.5% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 17.3% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Fintech-as-a-Service Market will Hit $681.6 Billion by 2028, at a CAGR of 16.9%
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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- 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)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Fintech-as-a-Service Market, by Technology
1.4.2 Europe Fintech-as-a-Service Market, by End Use
1.4.3 Europe Fintech-as-a-Service Market, by Type
1.4.4 Europe Fintech-as-a-Service Market, by Application
1.4.5 Europe 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. Europe Fintech-as-a-Service Market by Technology
4.1 Europe Blockchain Market by Country
4.2 Europe API Market by Country
4.3 Europe Artificial Intelligence Market by Country
4.4 Europe RPA Market by Country
4.5 Europe Others Market by Country
Chapter 5. Europe Fintech-as-a-Service Market by End-use
5.1 Europe Insurance Market by Country
5.2 Europe Bank Market by Country
5.3 Europe Financial Lending Companies Market by Country
5.4 Europe Others Market by Country
Chapter 6. Europe Fintech-as-a-Service Market by Type
6.1 Europe Payment Market by Country
6.2 Europe Fund Transfer Market by Country
6.3 Europe Loan Market by Country
6.4 Europe Others Market by Country
Chapter 7. Europe Fintech-as-a-Service Market by Application
7.1 Europe Compliance & Regulatory Support Market by Country
7.2 Europe KYC Verification Market by Country
7.3 Europe Fraud Monitoring Market by Country
7.4 Europe Others Market by Country
Chapter 8. Europe Fintech-as-a-Service Market by Country
8.1 Germany Fintech-as-a-Service Market
8.1.1 Germany Fintech-as-a-Service Market by Technology
8.1.2 Germany Fintech-as-a-Service Market by End-use
8.1.3 Germany Fintech-as-a-Service Market by Type
8.1.4 Germany Fintech-as-a-Service Market by Application
8.2 UK Fintech-as-a-Service Market
8.2.1 UK Fintech-as-a-Service Market by Technology
8.2.2 UK Fintech-as-a-Service Market by End-use
8.2.3 UK Fintech-as-a-Service Market by Type
8.2.4 UK Fintech-as-a-Service Market by Application
8.3 France Fintech-as-a-Service Market
8.3.1 France Fintech-as-a-Service Market by Technology
8.3.2 France Fintech-as-a-Service Market by End-use
8.3.3 France Fintech-as-a-Service Market by Type
8.3.4 France Fintech-as-a-Service Market by Application
8.4 Russia Fintech-as-a-Service Market
8.4.1 Russia Fintech-as-a-Service Market by Technology
8.4.2 Russia Fintech-as-a-Service Market by End-use
8.4.3 Russia Fintech-as-a-Service Market by Type
8.4.4 Russia Fintech-as-a-Service Market by Application
8.5 Spain Fintech-as-a-Service Market
8.5.1 Spain Fintech-as-a-Service Market by Technology
8.5.2 Spain Fintech-as-a-Service Market by End-use
8.5.3 Spain Fintech-as-a-Service Market by Type
8.5.4 Spain Fintech-as-a-Service Market by Application
8.6 Italy Fintech-as-a-Service Market
8.6.1 Italy Fintech-as-a-Service Market by Technology
8.6.2 Italy Fintech-as-a-Service Market by End-use
8.6.3 Italy Fintech-as-a-Service Market by Type
8.6.4 Italy Fintech-as-a-Service Market by Application
8.7 Rest of Europe Fintech-as-a-Service Market
8.7.1 Rest of Europe Fintech-as-a-Service Market by Technology
8.7.2 Rest of Europe Fintech-as-a-Service Market by End-use
8.7.3 Rest of Europe Fintech-as-a-Service Market by Type
8.7.4 Rest of Europe 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
TABLE 1 Europe Fintech-as-a-Service Market, 2018 - 2021, USD Million
TABLE 2 Europe Fintech-as-a-Service Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Fintech-as-a-Service Market
TABLE 4 Product Launches And Product Expansions– Fintech-as-a-Service Market
TABLE 5 Acquisition and Mergers– Fintech-as-a-Service Market
TABLE 6 Geographical Expansions– Fintech-as-a-Service Market
TABLE 7 Europe Fintech-as-a-Service Market by Technology, 2018 - 2021, USD Million
TABLE 8 Europe Fintech-as-a-Service Market by Technology, 2022 - 2028, USD Million
TABLE 9 Europe Blockchain Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Blockchain Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe API Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe API Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Artificial Intelligence Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Artificial Intelligence Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe RPA Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe RPA Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Fintech-as-a-Service Market by End-use, 2018 - 2021, USD Million
TABLE 20 Europe Fintech-as-a-Service Market by End-use, 2022 - 2028, USD Million
TABLE 21 Europe Insurance Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Insurance Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Bank Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Bank Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Financial Lending Companies Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Financial Lending Companies Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Fintech-as-a-Service Market by Type, 2018 - 2021, USD Million
TABLE 30 Europe Fintech-as-a-Service Market by Type, 2022 - 2028, USD Million
TABLE 31 Europe Payment Market by Country, 2018 - 2021, USD Million
TABLE 32 Europe Payment Market by Country, 2022 - 2028, USD Million
TABLE 33 Europe Fund Transfer Market by Country, 2018 - 2021, USD Million
TABLE 34 Europe Fund Transfer Market by Country, 2022 - 2028, USD Million
TABLE 35 Europe Loan Market by Country, 2018 - 2021, USD Million
TABLE 36 Europe Loan Market by Country, 2022 - 2028, USD Million
TABLE 37 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 38 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 39 Europe Fintech-as-a-Service Market by Application, 2018 - 2021, USD Million
TABLE 40 Europe Fintech-as-a-Service Market by Application, 2022 - 2028, USD Million
TABLE 41 Europe Compliance & Regulatory Support Market by Country, 2018 - 2021, USD Million
TABLE 42 Europe Compliance & Regulatory Support Market by Country, 2022 - 2028, USD Million
TABLE 43 Europe KYC Verification Market by Country, 2018 - 2021, USD Million
TABLE 44 Europe KYC Verification Market by Country, 2022 - 2028, USD Million
TABLE 45 Europe Fraud Monitoring Market by Country, 2018 - 2021, USD Million
TABLE 46 Europe Fraud Monitoring Market by Country, 2022 - 2028, USD Million
TABLE 47 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 48 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 49 Europe Fintech-as-a-Service Market by Country, 2018 - 2021, USD Million
TABLE 50 Europe Fintech-as-a-Service Market by Country, 2022 - 2028, USD Million
TABLE 51 Germany Fintech-as-a-Service Market, 2018 - 2021, USD Million
TABLE 52 Germany Fintech-as-a-Service Market, 2022 - 2028, USD Million
TABLE 53 Germany Fintech-as-a-Service Market by Technology, 2018 - 2021, USD Million
TABLE 54 Germany Fintech-as-a-Service Market by Technology, 2022 - 2028, USD Million
TABLE 55 Germany Fintech-as-a-Service Market by End-use, 2018 - 2021, USD Million
TABLE 56 Germany Fintech-as-a-Service Market by End-use, 2022 - 2028, USD Million
TABLE 57 Germany Fintech-as-a-Service Market by Type, 2018 - 2021, USD Million
TABLE 58 Germany Fintech-as-a-Service Market by Type, 2022 - 2028, USD Million
TABLE 59 Germany Fintech-as-a-Service Market by Application, 2018 - 2021, USD Million
TABLE 60 Germany Fintech-as-a-Service Market by Application, 2022 - 2028, USD Million
TABLE 61 UK Fintech-as-a-Service Market, 2018 - 2021, USD Million
TABLE 62 UK Fintech-as-a-Service Market, 2022 - 2028, USD Million
TABLE 63 UK Fintech-as-a-Service Market by Technology, 2018 - 2021, USD Million
TABLE 64 UK Fintech-as-a-Service Market by Technology, 2022 - 2028, USD Million
TABLE 65 UK Fintech-as-a-Service Market by End-use, 2018 - 2021, USD Million
TABLE 66 UK Fintech-as-a-Service Market by End-use, 2022 - 2028, USD Million
TABLE 67 UK Fintech-as-a-Service Market by Type, 2018 - 2021, USD Million
TABLE 68 UK Fintech-as-a-Service Market by Type, 2022 - 2028, USD Million
TABLE 69 UK Fintech-as-a-Service Market by Application, 2018 - 2021, USD Million
TABLE 70 UK Fintech-as-a-Service Market by Application, 2022 - 2028, USD Million
TABLE 71 France Fintech-as-a-Service Market, 2018 - 2021, USD Million
TABLE 72 France Fintech-as-a-Service Market, 2022 - 2028, USD Million
TABLE 73 France Fintech-as-a-Service Market by Technology, 2018 - 2021, USD Million
TABLE 74 France Fintech-as-a-Service Market by Technology, 2022 - 2028, USD Million
TABLE 75 France Fintech-as-a-Service Market by End-use, 2018 - 2021, USD Million
TABLE 76 France Fintech-as-a-Service Market by End-use, 2022 - 2028, USD Million
TABLE 77 France Fintech-as-a-Service Market by Type, 2018 - 2021, USD Million
TABLE 78 France Fintech-as-a-Service Market by Type, 2022 - 2028, USD Million
TABLE 79 France Fintech-as-a-Service Market by Application, 2018 - 2021, USD Million
TABLE 80 France Fintech-as-a-Service Market by Application, 2022 - 2028, USD Million
TABLE 81 Russia Fintech-as-a-Service Market, 2018 - 2021, USD Million
TABLE 82 Russia Fintech-as-a-Service Market, 2022 - 2028, USD Million
TABLE 83 Russia Fintech-as-a-Service Market by Technology, 2018 - 2021, USD Million
TABLE 84 Russia Fintech-as-a-Service Market by Technology, 2022 - 2028, USD Million
TABLE 85 Russia Fintech-as-a-Service Market by End-use, 2018 - 2021, USD Million
TABLE 86 Russia Fintech-as-a-Service Market by End-use, 2022 - 2028, USD Million
TABLE 87 Russia Fintech-as-a-Service Market by Type, 2018 - 2021, USD Million
TABLE 88 Russia Fintech-as-a-Service Market by Type, 2022 - 2028, USD Million
TABLE 89 Russia Fintech-as-a-Service Market by Application, 2018 - 2021, USD Million
TABLE 90 Russia Fintech-as-a-Service Market by Application, 2022 - 2028, USD Million
TABLE 91 Spain Fintech-as-a-Service Market, 2018 - 2021, USD Million
TABLE 92 Spain Fintech-as-a-Service Market, 2022 - 2028, USD Million
TABLE 93 Spain Fintech-as-a-Service Market by Technology, 2018 - 2021, USD Million
TABLE 94 Spain Fintech-as-a-Service Market by Technology, 2022 - 2028, USD Million
TABLE 95 Spain Fintech-as-a-Service Market by End-use, 2018 - 2021, USD Million
TABLE 96 Spain Fintech-as-a-Service Market by End-use, 2022 - 2028, USD Million
TABLE 97 Spain Fintech-as-a-Service Market by Type, 2018 - 2021, USD Million
TABLE 98 Spain Fintech-as-a-Service Market by Type, 2022 - 2028, USD Million
TABLE 99 Spain Fintech-as-a-Service Market by Application, 2018 - 2021, USD Million
TABLE 100 Spain Fintech-as-a-Service Market by Application, 2022 - 2028, USD Million
TABLE 101 Italy Fintech-as-a-Service Market, 2018 - 2021, USD Million
TABLE 102 Italy Fintech-as-a-Service Market, 2022 - 2028, USD Million
TABLE 103 Italy Fintech-as-a-Service Market by Technology, 2018 - 2021, USD Million
TABLE 104 Italy Fintech-as-a-Service Market by Technology, 2022 - 2028, USD Million
TABLE 105 Italy Fintech-as-a-Service Market by End-use, 2018 - 2021, USD Million
TABLE 106 Italy Fintech-as-a-Service Market by End-use, 2022 - 2028, USD Million
TABLE 107 Italy Fintech-as-a-Service Market by Type, 2018 - 2021, USD Million
TABLE 108 Italy Fintech-as-a-Service Market by Type, 2022 - 2028, USD Million
TABLE 109 Italy Fintech-as-a-Service Market by Application, 2018 - 2021, USD Million
TABLE 110 Italy Fintech-as-a-Service Market by Application, 2022 - 2028, USD Million
TABLE 111 Rest of Europe Fintech-as-a-Service Market, 2018 - 2021, USD Million
TABLE 112 Rest of Europe Fintech-as-a-Service Market, 2022 - 2028, USD Million
TABLE 113 Rest of Europe Fintech-as-a-Service Market by Technology, 2018 - 2021, USD Million
TABLE 114 Rest of Europe Fintech-as-a-Service Market by Technology, 2022 - 2028, USD Million
TABLE 115 Rest of Europe Fintech-as-a-Service Market by End-use, 2018 - 2021, USD Million
TABLE 116 Rest of Europe Fintech-as-a-Service Market by End-use, 2022 - 2028, USD Million
TABLE 117 Rest of Europe Fintech-as-a-Service Market by Type, 2018 - 2021, USD Million
TABLE 118 Rest of Europe Fintech-as-a-Service Market by Type, 2022 - 2028, USD Million
TABLE 119 Rest of Europe Fintech-as-a-Service Market by Application, 2018 - 2021, USD Million
TABLE 120 Rest of Europe Fintech-as-a-Service Market by Application, 2022 - 2028, USD Million
TABLE 121 Key Information – PayPal Holdings, Inc.
TABLE 122 key Information – Mastercard, Inc.
TABLE 123 Key Information – Upstart Network, Inc.
TABLE 124 Key information – Block, Inc.
TABLE 125 Key Information – Envestnet, Inc.
TABLE 126 Key Information – SoFi Technologies, Inc.
TABLE 127 Key Information – Rapyd Financial Network Ltd.
TABLE 128 Key Information – Solid Financial Technologies, Inc.
TABLE 129 Key Information – Synctera Inc.
TABLE 130 Key Information – Railsbank Technology Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Recent strategies and developments: PayPal Holdings, Inc.
FIG 5 Recent strategies and developments: Mastercard, Inc.
FIG 6 Recent strategies and developments: Upstart Network, Inc.
FIG 7 Recent strategies and developments: Rapyd Financial Network Ltd.