FinTech Adoption Rates

FinTech adoption rates vary greatly by country. As professional services firm EY has shown in its latest research on the industry, China is the most advanced when it comes to the share of the digitally active population using FinTech services. Overall, this figure sits at 69 percent in 2017.

Breaking it down by sector, China dominates in four of the five areas covered. Only in insurance-oriented services do India and the UK have a higher rate of adoption. In each sector, the top three is chiefly dominated by China, India and Brazil.