The financial industry is undergoing significant changes today. The second quarter of 2022 saw a significant decline in fintech funding, reaching the lowest level in the last five quarters and down 39% from the peak in the fourth quarter of 2021. However, it remains the sector with the most investment rounds globally, securing a whopping $21.5 billion in Q2, 2022. Currently, about 90% of people in the US use fintech services. Global quarantines and lockdowns have led to a greater focus on customer-centric digital operation. This has motivated fintech companies to stay up-to-date and actively engage with the latest financial software development solutions to deliver the expected level of service and maintain high customer satisfaction. The fintech market is expected to be worth $698.48 billion by 2030, up from $110.57 billion in 2020. Startups and industry's giants are keeping pace with these changes by updating their operations and acquiring the necessary technical skills and tools. In the ever-evolving financial world, if you don't adapt and grow, you are likely to fail. It's critical to ensure that any scalable solution you implement remains relevant. That's why it pays to take advantage of the new fintech industry trends of 2023 to stay ahead of your competitors.