Over the last few years, there has been a growing trend in the U.S. financial technologies (or fintech) market as investment pours into such point-of-sale solutions as peer to peer, money transfer, Face ID, digital wallets and more. Companies like Paypal, Apple, Facebook, Intuit and beyond have all made recent announcements on apps and platforms that enable people to pay one another with ease. • The sectors of business and personal loans and financing are also seeing many new entrants, such as FundedByMe and LendingClub. • Personal investment is changing as consumers switch from brokers to platforms with tools like Mint and Nutmeg. • Point-of-sale and mobile solutions are making it easier and faster for retailers to make transactions through such innovations as Square, Stripe and SumUp.

Source: Forbes March 08, 2018 12:22 UTC