Where fintech dollars will go in 2018

A study released in December found that 82% of U.S. commercial banks plan to increase fintech investment over the next three years; 86% of bank senior managers surveyed said they intend to boost fintech funding imminently. The research was commissioned by the global fintech provider Fraedom. The research firm Statista predicts U.S. fintech companies will receive $4.7 billion from all types of investors in 2018. Some of the areas of fintech likely to draw investment are the buzzwords of 2017. "We're seeing different ways of enabling funding or lending and measuring creditworthiness," said Jennifer Byrne at Quesnay, a company that connects fintechs with traditional firms.