Its probably been posted before .. but this is from the companies website.
INVESTOR
INFORMATION
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FinTech: An Industry on the Rise
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"At Strategic Asset Leasing we believe that the financial tech industry is making bold moves in the market essential to business and business development..."
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Fintech companies acquired $111.8 billion globally in investments in 2018. According to the latest fintech industry report, global investments amounted to $37.9 billion during the first half of 2019.
In the next three to five years, 77% of incumbent financial institutions will increase their focus on internal innovations to boost customer retention.
A huge chunk of incumbent financial institutions (88%) believe that part of their business will be lost to standalone fintech companies in the next five years.
Fintech investment is expanding beyond the major markets, with 39% of deals in the industry made outside of traditional hubs like the U.S.A., the U.K., and China.
The total transaction value of digital payments in 2019 was $4.1 trillion. In 2020, it is expected to reach nearly $4.8 trillion.
Artificial intelligence will save the insurance industry nearly $1.3 billion by 2023.
Insurance fintech companies raised more than $1.8 billion worth of investments in 2018.
The combined assets under management of digital wealth-management companies that focus on retail are expected to reach $600 billion by 2022.
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©2020 by Strategic Asset Leasing
Publicly Traded on OTC Markets Symbol: LEAS.PK
Remember do your own d.d.
My posts are of my opinion and the stocks i own have not made me rich. not yet
