Personal Finance report 2021

Statista Digital Market Outlook


The market segment Personal Finance includes the following sub-segments:

  • Robo-Advisors
  • Digital Remittances

  • Robo-Advisors are private asset management providers who offer automated online portfolios in which private investors can choose investment volumes depending on their scope and appetite for risk Providers such as Wealthfront, Schwab Intelligent Portfolios and Betterment allow private and/or institutional investors to invest their money in pre-existing portfolios which are automatically managed by individually configured algorithms

    Digital Remittances are defined as money transfers made over the Internet between private individuals via online and mobile fund transfer services, e.g. TransferWise.

    • Language: English
    • Released: January 2021
    More than 7,500

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