A Systematic Literature Review of Fintech Investment and Relationship with Bank in Developed Countries

Abstract

The financial industry has been evolving for decades, especially in developed countries. People in developed countries can adapt to technological changes more quickly. As a result, the potential for the growth of fintech companies is growing, owing to an increase in the number of investors involved in investing in fintech companies. The introduction of new fintech product developments demonstrates this. At the customer interface as well as in back-office operations, this evolution is marked by improved connectivity and information processing speed. Which, by collaborating with banks, one of the latest technologies will help all parties. A large number of innovative financial goods, business finance, financial related tools, and new forms of communication are all part of digital finance. As a result, this article explores the state of fintech capital and investment in developed countries by defining research, insights, trends, relationships, impacts, and challenges that are most relevant to developed countries in terms of fintech investment. Fintech and banks, as financial services, also play a significant role in the global financial market. As a result, by collaborating with fintech and banks, the financial services business model will become more effective and profitable. However, as this study shows, this partnership has its own set of implications and challenges for fintech investment.