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Industry Landscape

The FinTech industry for small businesses is rapidly evolving, driven by increasing demand for integrated, user-friendly financial management tools. Automation, AI, and mobile accessibility are key trends, simplifying banking, accounting, and tax compliance for solopreneurs and micro-businesses. Competition is intense, but the market continues to expand due to the growing gig economy and new business formations.

Industries:
FinTechSMB BankingAccounting SoftwareFreelancer ToolsExpense Tracking

Total Assets Under Management (AUM)

Number of Small Businesses in United States

~33.3 million

(2.5% CAGR)

- Number of new business applications continues to grow.

- Driven by solopreneurs and freelancers.

- Small businesses form the backbone of the economy.