14 December 2016
We have come to the end of another year, and so it is time to do a bit of ‘navel gazing’ and to make some fearless predications for 2017.
Last year we predicted our global fintech trends for 2016 – some were right, some less so, but that is the nature of forecasting!
We can say that our number one prediction turned out to be right on the button: From a global perspective, China is going to dominate fintech in 2016.
So here is what we see over the horizon – our top 10 Fintech trends for 2017:
And our #1 Fintech prediction for 2017… drum roll…
By the end of 2017, we anticipate Ant Financial will be the largest financial services organisation, by capitalisation, in the world. With a bullet!
Maybe that sounds nuts, but Ant Financial is already #20 on the list of the largest banks with an estimated market capitalisation of USD60 billion, and it has Wells Fargo (#1 at USD254 billion) in its sights.