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Men, millennials driving rise of fintech

The use of fintech by consumers has surged globally over the past 18 months in the U.S. its doubled since 2015, especially in 3 key areas.

By Marlene Y. Satter | Updated on July 10, 2017
The use of fintech by consumers has surged globally over the past 18 months — in the U.S. it’s doubled since 2015, especially in 3 key areas. (Photo: Getty)

Financial technology is about to go mainstream.

That’s according to the EY FinTech Adoption Index, which finds that fintech adoption among consumers has surged globally over the past 18 months—in the U.S. it’s doubled since 2015—and an average of 33 percent of digitally active consumers across the 20 markets in the study now use fintech..

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