Consumer adoption of fintech companies and products has grown rapidly in the United Kingdom (UK) between 2015 and 2019. As of 2019, the UK has a higher adoption rate compared to the global average of 64 percent. One reason for the excelled adoption of fintech products, especially between 2017 and 2019 is that globally, more incumbent banks and financial service companies have begun to offer fintech products.
Consumer fintech adoption rates in the United Kingdom (UK) from 2015 to 2019
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EY. (September 9, 2019). Consumer fintech adoption rates in the United Kingdom (UK) from 2015 to 2019 [Graph]. In Statista. Retrieved March 04, 2021, from https://www.statista.com/statistics/1055345/fintech-adoption-rates-united-kingdom-selected-countries/
EY. "Consumer fintech adoption rates in the United Kingdom (UK) from 2015 to 2019." Chart. September 9, 2019. Statista. Accessed March 04, 2021. https://www.statista.com/statistics/1055345/fintech-adoption-rates-united-kingdom-selected-countries/
EY. (2019). Consumer fintech adoption rates in the United Kingdom (UK) from 2015 to 2019. Statista. Statista Inc.. Accessed: March 04, 2021. https://www.statista.com/statistics/1055345/fintech-adoption-rates-united-kingdom-selected-countries/
EY. "Consumer Fintech Adoption Rates in The United Kingdom (Uk) from 2015 to 2019." Statista, Statista Inc., 9 Sep 2019, https://www.statista.com/statistics/1055345/fintech-adoption-rates-united-kingdom-selected-countries/
EY, Consumer fintech adoption rates in the United Kingdom (UK) from 2015 to 2019 Statista, https://www.statista.com/statistics/1055345/fintech-adoption-rates-united-kingdom-selected-countries/ (last visited March 04, 2021)