The graph presents the number of online P2P money transfer users by age group and gender in the United Kingdom in 2016. The number of female online P2P money transfer users between the age of 25 and 34 in the UK was expected to reach roughly 1.4 million. An overview of all Digital Markets can be found here.
Statista’s Digital Market Outlook offers forecasts, detailed market insights and essential performance indicators of the most significant areas in the “Digital Economy”, including various digital goods and services. Alongside revenue forecasts for 50 countries worldwide, Statista offers additional insights into consumer trends and demographic structure of digital consumer markets.
FinTech: online P2P money transfer users in the United Kingdom (UK) in 2016, by age and gender (in millions)*
Online Peer-to-Peer (P2P) money transfers are defined as money transfers made over the internet between private individuals. Cross-border payments and remittances are the most relevant segments for the FinTech market. Classic providers in this segment are credit institutions (banks), post offices and specialized money transfer services such as Western Union and Moneygram. Whereas traditional models of cross-border monetary transfer such as currency exchange, stationary stores and inter-bank transfers result in comparatively high time and monetary expense for users , “Online Pure Players” such as Transferwise, WorldRemit and Currency Cloud optimize the use of digital infrastructures to achieve time and cost savings. Remittances often occur on a regular basis and the majority of remittance users are migrants and people with private contacts in other countries. However, a segmentation of the user base of the respective types of providers is not possible based on data that is currently available. Private P2P transactions for micro- and small amounts that are transferred domestically are not included in the definition of Online P2P Money Transfers.
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Statista (Digital Market Outlook). (February 26, 2016). FinTech: online P2P money transfer users in the United Kingdom (UK) in 2016, by age and gender (in millions)* [Graph]. In Statista. Retrieved December 10, 2024, from https://www.statista.com/statistics/497463/digital-market-outlook-online-p2p-money-transfer-users-by-age-group-gender-uk/
Statista (Digital Market Outlook). "FinTech: online P2P money transfer users in the United Kingdom (UK) in 2016, by age and gender (in millions)*." Chart. February 26, 2016. Statista. Accessed December 10, 2024. https://www.statista.com/statistics/497463/digital-market-outlook-online-p2p-money-transfer-users-by-age-group-gender-uk/
Statista (Digital Market Outlook). (2016). FinTech: online P2P money transfer users in the United Kingdom (UK) in 2016, by age and gender (in millions)*. Statista. Statista Inc.. Accessed: December 10, 2024. https://www.statista.com/statistics/497463/digital-market-outlook-online-p2p-money-transfer-users-by-age-group-gender-uk/
Statista (Digital Market Outlook). "Fintech: Online P2p Money Transfer Users in The United Kingdom (Uk) in 2016, by Age and Gender (in Millions)*." Statista, Statista Inc., 26 Feb 2016, https://www.statista.com/statistics/497463/digital-market-outlook-online-p2p-money-transfer-users-by-age-group-gender-uk/
Statista (Digital Market Outlook), FinTech: online P2P money transfer users in the United Kingdom (UK) in 2016, by age and gender (in millions)* Statista, https://www.statista.com/statistics/497463/digital-market-outlook-online-p2p-money-transfer-users-by-age-group-gender-uk/ (last visited December 10, 2024)
FinTech: online P2P money transfer users in the United Kingdom (UK) in 2016, by age and gender (in millions)* [Graph], Statista (Digital Market Outlook), February 26, 2016. [Online]. Available: https://www.statista.com/statistics/497463/digital-market-outlook-online-p2p-money-transfer-users-by-age-group-gender-uk/