The Fintech as a Service (FaaS) Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The market size of the Fintech as a Service (FaaS) sector has been expanding swiftly in the past few years. It is projected to increase from $378.33 billion in 2024 to $441.47 billion in 2025, growing at a compound annual growth rate (CAGR) of 16.7%.
The global market for Fintech as a Service (FaaS) is predicted to expand to $906.64 billion by 2029. This represents a compound annual growth rate (CAGR) of 19.7%.
Download Your Free Sample of the 2025 Fintech as a Service (FaaS) Market Report and Uncover Key Trends Now!The key drivers in the fintech as a service (faas) market are:
• Expansion and advancements in AI and automation
• Increase in open banking systems
• The growing influence and adoption of blockchain and cryptocurrencies
• Enhanced focus on data security and privacy.
The fintech as a service (FaaS) market covered in this report is segmented –
1) By Type: Banking, Payment, Insurance, Investment, Lending, Other Types
2) By Technology: Artificial Intelligence (AI), Blockchain, Robotic Process Automation (RPA), Application Programming Interfaces (API), Other Technologies
3) By Application: Fraud Monitoring, KYC Verification, Compliance And Regulatory Support, Other Applications
4) By End-User: Banks, Financial Institutions, Insurance Companies, Other End-Users
The key trends in the fintech as a service (faas) market are:
• The trend towards embedded finance is becoming more apparent.
• The AP ecosystem is witnessing significant growth.
• Increased focus on RegTech and compliance solutions is transforming the market.
• There's a persistent trend of evolving payment solutions and a growing interest in sustainable finance.
The major players in the fintech as a service (faas) market are:
• Stripe Inc
North America was the largest region in the fintech as a service market in 2024