What you need to know about the fintech industry in 2016 (Infographic)

By all measures, 2015 was a huge year for the financial technology industry, and we can expect the sector to only grow further in 2016.

After crunching the numbers, there may have been close to $40 billion in global investment, including capital for startups, funding for the expansion of existing companies, and fintech related stocks.

To put this massive growth into perspective, in 2013, global fintech investment was $3 billion. This jumped to $12 billion the following year. From 2010 to 2015, there was a total investment of $49.7 billion. To call this an exponential growth would be an understatement.

I have a strong interest in fintech, having worked at the Barclays accelerator in London and being a Blockchain fan. So together with Singapore-based startup CallLevels, we decided to put together an infographic reflecting the state of the fintech industry in 2015, and its prospects in 2016.

This infographic was designed by Gutcher.