EY’s Global FinTech Adoption Index has seen a sharp increase in Irish FinTech users.
In Brief:
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71% of Irish adults now use FinTech services.
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This is higher than the global average of 64%.
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The figures have increased from the 26% recorded two years ago, which was then 7% below the national average.
What does this mean?
Unsurprisingly, EY has stated the most common age group to use FinTech is 25-34. The increase has been driven by the better rates and fees available as well as ease of use.
