Allied Market Research predicts Banking as a Service (BaaS) market size to reach $22.6B by 2032 at a 19.3% CAGR.

A report by Allied Market Research projects the Banking as a Service (BaaS) market will grow to $22.6 billion by 2032, with a CAGR of 19.3%. Valued at $4 billion in 2022, BaaS facilitates banks and fintechs in offering diverse banking services. Europe leads the market due to supportive regulations. Despite challenges like cyber threats and high adoption costs, the demand for digital banking solutions is expected to drive significant growth.

September 20, 2024
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