FinTech platforms are helping banks digitize their operations. Global FinTech revenues are forecast to grow 4.7x from 2023 to 2030, to roughly $1.5T.1,2
Global Tailwinds
Traditional financial services are being disrupted on a global scale, and e-wallets continue to gain share, especially in emerging markets.
Changing Consumer Preferences
FinTech companies have historically catered to the digital preferences of younger consumers, but they are increasingly competing on cost across more established industries like lending and insurance.
1Boston Consulting Group, Jun 2024 2Boston Consulting Group, May 2023
Key Information
ETF Summary
The Global X FinTech ETF (FINX) seeks to invest in companies on the leading edge of the emerging financial technology sector, which encompasses a range of innovations helping to transform established industries like insurance, investing, fundraising, and third-party lending through unique mobile and digital solutions.
ETF Objective
The Global X FinTech ETF (FINX) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global FinTech Thematic Index.
