Research and innovation in fintech in the medical sector has declined in the last year.
The most recent figures show that the number of fintech related patent applications in the industry stood at 11 in the three months ending July – down from 25 over the same period in 2021.
Figures for patent grants related to fintech followed a different pattern to filings – growing from 1 in the three months ending July 2021 to 3 in the same period in 2022.
