Showing posts with label Robo Advisors AUM US. Show all posts
Showing posts with label Robo Advisors AUM US. Show all posts

Thursday, January 19, 2017

Mobile Payments and Robo Advisors Moulding Future FinTech Growth : Ken Research

Ken Research announced its recent publication on FinTech market titled, " US FinTech Market Forecast to 2020 - Mobile Payments and Robo Advisors to Shape Future Growth". The report provides a comprehensive analysis of the FinTech market in the US and covers market size and segmentation of overall market by business models. The report covers the further segmentation of different spaces such as Digital Commerce, Personal Finance and Business Finance into sub segments based on the business models. The sub segments (US Digital Commerce Market, US Mobile Wallets Market, US P2P Money Transfers Market, US P2P Lending Market, US Equity Crowd funding Market, US Robo Advisors Market and US Business Lending Market) are then considered separately and analysis on them has been done individually. The report covers detailed profiles of leading players in the different sub segments along with the share of major players in the market.



The potential and future outlook has been individually discussed for the US Digital Commerce Market, US Mobile Wallets Market, US P2P Money Transfers Market, US P2P Lending Market, US Equity Crowd funding Market, US Robo Advisors Market and US Business Lending Market and for the overall FinTech market. The report provides detailed analysis of segments, trends & developments, growth drivers and major restraints and challenges within the industry. It serves as a benchmark for existing players and for new players who wish to capitalize on the market potential and investors who are looking forward to venture into the FinTech market in the US.
UNFOLDING THE KEY GROWTH ASPECTS
US FinTech market has been largely driven by the technological developments such as data analytics, social networks and increased penetration of the smart phones which have led to the emergence of newer models such as marketplace funding, people based marketing and several others. Digital connectivity, faster payment options, lower customer acquisition costs through referrals on the social networks have all contributed to the growth and innovation in the FinTech in the US. Although some suggest that consumers resist robo-advisors, over the past years, the technology has been attracting substantial attention and investments. Financial decision-making is increasingly reliant on algorithms applied to wealth management, personal finance management, investment management, risk assessment and other areas of the financial services industry. The FinTech "uprising" has been reshaping the financial sector by cutting costs and improving the quality of services to the consumer with lower time requirement. The FinTech sector has been evident from a variety of industries ranging from payments to wealth management, Robo-advisors and others. There has been a surfeit of start-ups in recent years. Increased Investments, innovation in technology, digital connectivity, and supportive government are some of the factors among others to spur the growth in the FinTech market in the US. The FinTech market has increased in terms of the transactional value, manifold.
Rapidly advancing robo-advisors allow analysts to look into the future and continuously trade securities and other assets based on long-term predictions they are able to build based on a real-time stream of data and machine learning capabilities. Watsonization, which refers to cognitive computing systems that can interpret massive quantities of data, learn as they go, and will hold an information advantage over today’s analysts are reaching new development levels. They will also give investment firms powerful new tools for interacting with investors, assessing risk, enhancing cyber security and more. The growth and development of the robo-advice industry not only has positive financial implications because of lower fees, but also automated systems facilitated inclusion for mass-market consumers. Those consumers can now afford a tailored advice for better use of their funds. Robo-advice powered by technology diminishes the barriers for market entry to a range of completely new types of players. Both financial and non-financial services firms can take advantage, bringing new levels of competition and innovation to the industry. For instance, we are likely see more asset management and insurance firms adding wealth advice to their distribution and effectively entering wealth management; non-financial service firms with access to large numbers of retail investors and leading-edge technology firms will likely enter wealth management through a robo-advice model.
With the pace of improvement that AI in US markets, machine learning and overall technology goes through, robo-advice has the potential to become highly personalized and specific over time, meeting particular needs of different groups. Algorithms don’t have an affluence towards a particular task like fund allocation; the very idea here is that automated advice can get to the point where it can be tailored to analyse any stream of data by demand and become a highly personalized personal assistant in anything. Recognizing a multi-trillion-dollar opportunity, a range of institutions are already investing in the exploration of big data analytics, machine learning and AI application across industries: in customer acquisition, marketing, customer retention, loyalty programs, risk management, etc. Firms are effectively leveraging these solutions to increase the cross-sell and up sell opportunities, understanding customer requirements and providing customized packaging. Card-linked offers, customized reward solutions are some of the offerings that are being provided by financial technology firms. Robo-advising is not a proprietary breakthrough for investment management; it is a chance for a range of industries to leverage the power of machines in order to jump to the next level of customer service.
Digital payment segment was by far the most revenue-generating segment that saw maximum customer interest and participation. The segment was anchored by the overwhelming sales of e-commerce market in the country. PayPal, Authorize.Net, Stripe and Square were the major payment gateways used by online retail merchants for receiving online payments. Apple Pay, Android Pay, Samsung Pay and PayPal wallet were the most used mobile wallets by customers for making online and in-store payments in the US. Dwolla, Venmo and Chase QuickPay were the pioneers in the space of money transfer.
Consumer finance market witnessed an exponential growth in the last five years. The mobile payment space has already been highly crowded with a large number of players already in the space. The market will stay crowded as more players enter from social networks to banks to retail chains and other tech companies and the already existing players will implement newer strategies to maintain their standing in the market. Albeit the plethora of players operating in the market, the market is still at its infancy stage, growth prospects are still high. Vanguard Personal Advisor Services, Charles Schwab, Betterment, Wealthfront and Personal Capital were the leading players in Consumer Finance Market. Lending Club, Prosper and SoFi were the major players that actively raised money for customers in the country. The market for business finance was almost entirely driven by business lending companies, which raised funds to start-ups from several industries from both accredited and non-accredited investors. Several business-lending companies have entered in the last five years, which approve funds to applicants within no time. Funding Circle, On Deck, Kabbage, CAN Capital and Lending Club are some of the major companies operating in this space amongst others. FinTech companies allowing crowdfunding started since 2012 and were almost a billion dollar industry by 2015. EquityNet, Fundable, Angel List and Crowdfunder are some of the key companies that have the first mover advantage in this space.
Topics Covered Topics
  • US Financial Technology Market
  • Business Lending Market Future
  • Challenges Fintech Market
  • Pulse of Fintech
  • Top Financial Technology Market
  • Robo Advisors AUM US
  • Fintech Companies United States
  • Fintech Market Growth
  • United States Fintech
  • Global Fintech Market
  • US Digital Payments Market
  • US Mobile Wallet Market
  • Market Size Robo Advisors Market
  • Fintech Companies Growth
  • Digital Commerce Market
  • US P2P Lending Market
  • Financial Services FinTech Industry
  • Mobile Payments Market
  • Marketplace Lending Industry
  • US Fintech Market Growth
  • US Fintech Market share,
  • US Fintech Market trends
  • US Fintech Market future
  • US Fintech Market analysis
  • US Fintech Market
For more coverage click on the link below:
https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/us-fintech-market-report/54351-93.html
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204

Tuesday, January 3, 2017

US Digital Payments Market is Expected to reach USD 4,300 Billion in the Future: Ken Research

Technological advancement has been the first and foremost reason behind the skyrocketing growth of companies in the FinTech space. Technological developments such as data analytics, social networks and increased penetration of the smartphone have led to the emergence of newer models such as marketplace lending, people based marketing, equity crowdfunding, peer-to-peer lending and several others. Digital connectivity, faster payment options, lower customer acquisition costs through referrals on the social networks have all contributed to the growth and innovation in the FinTech in the US.
Apple Pay, Android Pay, Samsung Pay and PayPal wallet were the most used mobile wallets by customers for making online and in-store payments in the US.Dwolla, Venmo and Chase QuickPay were the pioneers in the space of P2P money transfers
Digital payment segment was by far the most revenue generating segment that saw maximum customer interest and participation. The segment was majorly driven by the overwhelming sales of e-commerce market in the country.
Fintech Investment Financial Internet Technology Concept
The market for business finance was almost entirely driven by business lending companies which raised funds to startups from several industries from both accredited and non-accredited investors. Several business lending companies have come in the last five years which approve funds to applicants within no time. Funding Circle, On Deck, Kabbage, CAN Capital and Lending Club are some of the major companies operating in this space amongst others.
US Digital Payments market includes all the transactions for which the payment has been made online, which can be classified into Digital commerce, Mobile wallet payments and P2P money transfer transactions.
The digital commerce market includes all the transactions made for online purchase of goods or services in the country through payment gateways. The market is the largest segment of the digital payment market in the US because of the heightened transactions for e-commerce in the country which have grown due to highly developed internet ecosystem and high internet penetration. Major players in the Digital Commerce space include PayPal, Stripe, Authorize.Net and Square amongst others.
P2P money transfers have been on a rise especially amongst the teens and young working class, with the major transfers happening between friends, family of co-workers. The market has grown on the back of convenient services offered by the players with negligible or no transaction charges. These platforms also act as a method for expense sharing which is common in the modern urban population. The major players in the market are PayPal, Square Cash, Venmo, Chase QuickPay and Dwolla amongst others.
For more information on the market research report please refer to the below link:
Related Reports:
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Wednesday, December 28, 2016

US Financial Technology Market Outlook To 2020: Ken Research

How has the P2P Lending Segment Grown?
The P2P Lending model or the peer to peer lending model has been gaining high popularity in the US especially amongst the borrowers. This is mainly because of its low interest rates, simplified application process, and faster lending decisions. This model is rapidly intensifying to new product categories including mortgages student loans, small business loans and others. P2P Lending platforms seemed to have found a forte by offering it s customers i.e. both borrowers and investors better customer experience and faster. Big data and other such technologies have been helping the technology driven marketplace investors. The investors can look onto the borrower profile and select to which borrower he wants to extend the loan to. Although the market is still in its infant stage, the platform issued around USD ~million in 2015 increasing at a CAGR of ~% from 2010 to 2015. Major players in the market include Lending Club, SoFi, Prosper and others with Lending club leading the market in terms of the loan disbursed followed by SoFi and Prosper as of 2015.
united-states-fintech
The P2P Lending appeals to underserved millennials to provide them with opportunities for accessing the credit from these sources since there are times when they are not able to do it from the banks. Currently the target population is around 65 million and still growing which provides high growth opportunity for the market in the future. It is expected that the market will move towards high concentration since rising interest rates will put pressure on the refinancing activities and hence smaller player would face troubles attracting borrowers. It is also expected that the wide range of investors would eventually be replaced by higher proportion of large supplies such as institutional investors and banks since they have been drawn to the marketplace by strong unlevered yields and expected credit performance across a large portfolio of loans. The market is expected to grow and reach the levels of USD ~Billion by 2020 in terms of loan disbursed.
What is the Future Outlook of Robo Advisor Market?
During the past few years from 2010 to 2015, the technologies such as the big data, machine learning and others have been attracting considerable investment and attentions. These firms leverage algorithms and client information to develop preset portfolio distribution and suggestions for investments particular to the individual clients. The advisors can be accessed via rich digital user interface and at very low fees. Albeit the high growth of the robo advisors in the investment market, they still are at a very nascent stage with only around ~% of the total invested assets under management. Since the robo advisors use algorithm driven automated investment techniques, they incur less cost and hence are priced lower than the traditional investment advisors. The traditional advisors charge around ~% of the management fee while the robo advisors charge only one third or even a quarter of the fee charged by a traditional investment advisor.
The robo advisors offer higher transparency as compared to the traditional investors and hence attract more investments. The market has grown from USD ~Billion in 2010 to around USD ~Billion in 2015 Major players in the market on the basis of asset under management include Vanguard with a share of ~% followed by Charles Schwab Intelligence Portfolio with ~% share in total assets under management.
Most of the underserved clientele of the financial advisory space have been the people whom either manage their own assets or do not prefer to go to the advisors due to the high fees. Robo advisors have provided advanced advisory services which have made the automated portfolio management accessible, affordable, and amazingly convenient. Moreover, robo advisors offer customized advices according to client’s need and wants anytime they want. They use advance algorithm driven investment software and analytics technique which makes their services more reliable (since there won’t be difference of interests) and cheaper.
How has the Business Lending Segment Performed?
Small and medium sized enterprises (SMEs) are considered as one of the major drivers of economies and a reckoning force in job creation. They accounted for more than half of the world’s GDP and employ almost two-thirds of the global work force. Small businesses always have a hard time to secure financing as compared to larger established players in any industry. The challenges have grown even more in the recent years amidst the backdrop of global financial crisis of 2007-008 and higher regulations and capital costs for loans.
In the US, bank debt accounted for more than USD ~billion of SME funding, followed by credit card debt of about USD ~billion as of 2015. Small businesses with revenues of more than USD 500,000 per year account for about ~% of all credit revenues of banks. The US FinTech business lending market has grown at an unprecedented pace in the last five years from USD ~million in 2010 to USD ~million in 2015 in terms of loan disbursed. This represented growth at a CAGR of ~% between 2010 and 2015.
The major players in the business lending market include Funding Circle, OnDeck, Kabbage, CAN Capital and others with OnDeck and CAN capital leading the market in terms of loan disbursed. The business lending market has grown at an impressive CAGR of ~% from 2010 to 2015 and is expected to grow further at remarkable rate. In the short term scenario, the market is expected to show a lower rate of growth since past two years have not only been the years of innovation but also startups which mean high growth and newer business models. It is expected that the market will show the correction phase along with the consolidation in the market. However this would act as a much needed pain and the industry will still rise fueled by the increasing number of small businesses, startups and their mounting capital needs, innovation in technologies such as for risk minimization and process streamlining will help the market stay on a growth trajectory. In the longer run, the overall scenario remains positive. The market is expected to reach USD ~Billion by 2020.
Key Factors Considered in the Report
Comprehensive analysis of the US FinTech market and its segments
Listed major players and their offerings
Identified major developments in last few years and assessed the future growth of the industry
Government initiatives taken to stimulate the growth of the market.
US Financial Technology Market
US P2P Lending Market
US Digital Payments Market
US Mobile Wallet Market 
Market Size Robo Advisors Market
Robo Advisors AUM US
Global Fintech Market
United States Fintech 
Market Forecast Equity Crowd Funding
Pulse of Fintech
Fintech Companies United States
Fintech Companies Growth
Challenges Fintech Market
Financial Services FinTech Industry
Top Financial Technology Market
Mobile Payments Market 
Money Transfers Market United States
Digital Commerce Market
Marketplace Lending Industry
Companies Cited in the Report
List of Major Companies       Companies Covered in the Report
Android Pay
Angel List
Apple Pay
Authorize.Net
Betterment
CAN Capital
Charles Schwab
Chase QuickPay
Crowdfunder
Dwolla
EquityNet
Fundable                                             Major Players
Funding Circle
Kabbage
Lending Club
OnDeck Capital
PayPal
Personal Capital
Prosper
Samsung Pay
SoFi
Square
Stripe
Vanguard
Venmo
Wealthfront
For more information about the publication, refer to the below link:
Related Reports:
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Wednesday, November 2, 2016

Rising Digital Connectivity and Cheaper FinTech Services to Drive the US FinTech Market: Ken Research

US FinTech market has been largely driven by the technological developments such as data analytics, social networks and increased penetration of the smartphone have led to the emergence of newer models such as marketplace funding, people based marketing and several others. Digital connectivity, faster payment options, lower customer acquisition costs through referrals on the social networks have all contributed to the growth and innovation in the FinTech in the US.
The FinTech market has increased in terms of the transactional value from 2010 to 2015 at a CAGR of 24.5% during 2010-2015.


Digital payment segment (consisting of digital commerce, mobile wallets and P2P money transfers) was by far the most revenue generating segment that saw maximum customer interest and participation. The segment was majorly driven by the overwhelming sales of e-commerce market in the country. PayPal, Authorize.Net, Stripe and Square were the major payment gateways used by online retail merchants for the purpose of receiving online payments. Apple Pay, Android Pay, Samsung Pay and PayPal wallet were the most used mobile wallets used by customers for making online and in-store payments in the US. Advanced payment security, faster checkout, loyalty rewards and customer ease have been the major factors driving the mobile wallets market in the country. However, Delay in adoption of the required infrastructure such as NFC terminal by retail merchants have prevented mobile wallets from achieving mainstream adoption. Dwolla, Venmo and Chase QuickPay were the pioneers in the space of P2P money transfers. P2P transfer systems have become increasingly prudent to the customers in the US due to absence of a common network for all financial institutions. Peer-to-peer payment apps have made it highly convenient for customer transfer money and their services usually are accompanied with very nominal charges or even free of cost.
According to  Ken Research Analyst Robo Advisors, sub-segment of personal finance sector has grown stupendously during the past few years from 2010 to 2015. Technologies such as the big data, machine learning and others have attracted considerable investment and attention and have allowed robo advisory space to flourish. These firms leverage algorithms and client information to develop preset portfolio distribution and suggestions for investments particular to the individual clients. The advisors can be accessed via rich digital user interface and at very low fees. The robo advisors offer higher transparency as compared to the traditional investors and hence attract more investments. Major players in the market include Vanguard, Charles Schwab Intelligence Portfolio, Betterment, Personal Capital and Wealthfront among others.
The market for business finance was almost entirely driven by business lending companies which raised funds to startups from several industries from both accredited and non-accredited investors. Several business lending companies have come in the last five years which approve funds to applicants within no time. Funding Circle, On Deck, Kabbage, CAN Capital and Lending Club are some of the major companies operating in this space amongst others. FinTech companies allowing crowdfunding started off since 2012 and were almost a billion dollar industry by 2015. EquityNet, Fundable, Angel List and Crowdfunder are some of the key companies that have the first mover advantage in this space. Business finance market has also grown at a rapid pace in the last five years during the period 2010-2015.
According to the research report, the US FinTech is anticipated to grow at a rapid pace between 2016 and 2020 to USD 8.0 trillion in 2020. P2P money transfer and robo advisor sectors are likely to emerge as the largest contributor to the same.
“Evolution of new tech-savvy startups that have been able to perform things better, faster and in a cheaper way than conventional financial institutions has redefined traditional businesses such as lending, payments and investments. The skyrocketing growth of the industry has created numerous opportunities for every stakeholder of the FinTech ecosystem.”, according to the Research Analyst, Ken Research.
Ken Research announced its latest publication on “US FinTech Market Forecast to 2020 – Mobile Payments and Robo Advisors to Shape Future Growth” which provides a comprehensive analysis of the FinTech market in the US and covers market size and segmentation of overall FinTech market by business models. The report covers the further segmentations of different spaces such as Digital Commerce, Personal Finance and Business Finance into sub segments based on the business models. The sub segments (US Digital Commerce Market, US Mobile Wallets Market, US P2P Money Transfers Market, US P2P Lending Market, US Equity Crowdfunding Market, US Robo Advisors Market and US Business Lending Market) are then considered separately and analysis on them has been done individually. The report covers detailed profiles of leading players in the different sub segments along with the share of major players in the market. The potential and future outlook has been individually discussed for the US Digital Commerce Market, US Mobile Wallets Market, US P2P Money Transfers Market, US P2P Lending Market, US Equity Crowdfunding Market, US Robo Advisors Market and US Business Lending Market and also for the overall FinTech market. The report provides detailed analysis of segments, trends & developments, growth drivers and major restraints and challenges within the industry. The report also serves as a benchmark for existing players and for new players who wish to capitalize on the market potential and investors who are looking forward to venture into the FinTech market in the US.
Key Topics Covered in the Report:
  • US FinTech Market Introduction and Size by Transaction Value, 2010-2015
  • Investment Environment for FinTech in the US, 2010-2015
  • Growth Drivers, Trends and Developments in US FinTech Market
  • US Digital Payment Market Introduction and Size by Transaction Value, 2010-2015
  • US Digital Payment Market Segmentation
  • By Digital Commerce, P2P Money Transfers or Mobile Wallets, 2010-2015
  • US Digital Commerce Market
  • US Digital Commerce Market Introduction and Size, 2010-2015
  • Company Profiles of Major Players in US Digital Commerce Market
  • Market Share of Major Players in US Digital Commerce Market
  • Future Outlook and Predictions for US Digital Commerce Market, 2016-2020
  • US Mobile Payment Market
  • US Mobile Wallet Market Introduction and Size, 2010-2015
  • US P2P Money Transfer Market Introduction and Size, 2010-2015
  • Company Profiles of Major Players in US Mobile Payments Market
  • Future Outlook and Predictions for US Mobile Payments Market, 2016-2020
  • US Consumer Finance Market Segmentation
  • By P2P Lending or Robo Advisors, 2010-2015
  • US P2P Lending Market
  • P2P Lending Market Introduction and Size, 2010-2015
  • Company Profiles of Major Players in US P2P Lending Market
  • Market Share of Major Players in US P2P Lending Market
  • Future Outlook and Predictions for US P2P Lending Market, 2016-2020
  • US Robo Advisors Market
  • Robo Advisors Market Introduction and Size, 2010-2015
  • Company Profiles of Major Players in US Robo Advisors Market
  • Market Share of Major Players in US Robo Advisors Market
  • Cost Analysis of Major Players in US Robo Advisor Market
  • Future Outlook and Predictions for US Robo Advisors Market, 2016-2020
  • US Business Finance Market Segmentation
  • By Business Lending or Robo Advisors, 2010-2015
  • US Business Lending Market
  • Business Lending Market Introduction and Size, 2010-2015
  • Company Profiles of Major Players in US Business Lending Market
  • Market Share of Major Players in US Business Lending Market
  • Future Outlook and Predictions for US Business Lending Market, 2016-2020
  • US Equity Crowdfunding Market
  • Equity Crowdfunding Market Introduction and Size, 2010-2015
  • Company Profiles of Major Players in US Equity Crowdfunding Market
  • Market Share of Major Players in US Equity Crowdfunding Market
  • Future Outlook and Predictions for US Equity Crowdfunding Market, 2016-2020
  • US FinTech Market Future Outlook and Projections, 2016-2020
  • Impact of FinTech on Banks
  • Issues and Challenges in US FinTech Market
  • Government Rules and Regulations in US FinTech Market
  • Analyst Recommendations
  • Macro Economic Factors impacting US FinTech Market, 2010-2020

Key Products Covered in the Report
  • Digital Commerce, P2P Money Transfers, Mobile Wallets, P2P Lending, Robo Advisors, Business Lending, Equity Crowdfunding
Companies Covered in the Report
  • Stripe
  • PayPal
  • Net
  • Square
  • Apple Pay
  • Android Pay
  • Samsung Pay
  • Chase QuickPay
  • Venmo
  • Dwolla
  • Lending Club
  • SoFi
  • Prosper
  • Betterment
  • Wealthfront
  • Charles Schwab
  • Vanguard
  • Personal Capital
  • Funding Circle
  • Kabbage
  • OnDeck Capital
  • CAN Capital
  • EquityNet
  • Fundable
  • Angel List
  • Crowdfunder
Source :   https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/us-fintech-market-report/54351-93.html   
Related Reports:
The Cards and Payments Industry in the US: Emerging Trends and Opportunities to 2019
North America Mobile Money Industry Review to 2019 - Driven by Collaborations and Increasing Interest in NFC Payments
The US International, Domestic Money Remittance and Bill Payments Market Outlook to 2018 - Tie-ups and Mobile Remittances to Foster Future Growth
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249