About the FinTech Awards introduction Introduction Wealth and Finance International is proud to announce the much-awaited return of the FinTech Awards 2022, making its way back for the 5th consecutive year! As global funding for the FinTech industry in 2021 exceeded that of 2020 by more than 96%, we’re starting to see a stark increase in ‘decacorns’ and ‘unicorns’ due to the industry growing on an exponential scale! In the UK, FinTech investment hit £17.7 billion in the first half of the year, while 33% of all new unicorns around the world have been FinTech-focused over the past three months. There are numerous new technologies and concepts that are becoming more popular, accessible and mainstream going through 2022. Innovations such as embedded finance, BNPL (Buy Now Pay Later) and open banking are developing alongside the expansion of cryptocurrencies and blockchain technologies. Those operating within the FinTech industry are constantly pushing boundaries and limitations, providing consumers and business leaders with a more simplified user experience when it comes to financial management. FinTech experts make our lives easier and eliminate unnecessary levels of stress from our daily lives.
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