Fintech Startups Face Difficult Market Ahead
"The Fintech Landscape
2015 was an astounding year for fintech startups. In global financial centers around the world, entrepreneurs were busy launching new companies and raising capital. From London to New York and across China, Hong Kong and Singapore, several hundreds of new companies joined a growing number of fintech startups.
Estimated counts from different regional and global lists puts the existing number of fintech startups at anywhere between 5,000 to 6,000 companies, all vying for market share in different sub sectors, ranging from mobile payments, data analytics and virtual banking to online lending, bitcoin..."
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http://www.forbes.com/sites/falgunidesai/2016/01/04/fintech-startups-face-difficult-market-ahead/