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Digital wallets

ARK Invest, Big Ideas, 2020, published 2020-02-06

In the US, digital wallets could be valued at $800 billion by 2024, 27x the $29.5 billion today.

Verdict

Not graded yet.

idea: Digital Wallets
target year: 2024
metric: value of US digital wallet users at bank customer lifetime value
value: 800
unit: USD billion
subject: Digital wallets
page: 73
confidence: high
note: Conditional on each user being valued at USD 3,650, a bank's customer lifetime value.