The 2024 Fintech Accounting Landscape
The fintech sector is booming.
Pre-COVID it was already growing rapidly, and KPMG’s report found that the pandemic-driven lockdowns led to a much greater rate of adoption of digital finance by consumers than seen previously. Most product categories have benefited from the demand, including payment providers such as PayPal and Square that saw a major uptick in users. Fast forward to today and there is clear evidence of continued growth in the fintech sector.