Fintech has its footprints across the globe. And, while we have regular hubs like US, Singapore, UK topping topping the list for number and size of fintech entities; we also have very surprising entrants in Lithuania & Estonia. China & India are rapidly upping the ante and are expected to be the next hotspot for growth. Kenya in Africa has been doing extensively well while we have Israel & Korea coming up too. The Fintech could become the great leveller for smaller economies to grow
The global Fintech market reached a value of nearly $111,240.5 million in 2019, having grown at a compound annual growth rate (CAGR) of 7.9% since 2015, and is expected to grow at a CAGR of 9.2% to nearly $158,014.3 million by 2023. Also the market is expected to grow to $191,840.2 million in 2025 at a CAGR of 10.2% and to $325,311.8 million in 2030 at a CAGR of 11.1%. Source: Thebusinessresearchcompany
As of February 2021, there were 10,605 financial technology (Fintech) startups in the Americans, making it the region with the most Fintech startups globally. In comparison, there were 9,311 such startups in the EMEA region (Europe, the Middle East, and Africa) and 6,129 in the Asia Pacific region. source: statista
| San Francisco | Blend, Upgrade, Figure, Carta, Chime [+4] |
| Beijing | Tiger Broker, Firstp2p, Lakala, Jimubox, JIMU Group [+1] |
| Hangzhou | Wacai, Zhejiang Grassroots Network Technology, Tongdun Technology, 51 Credit Card, Ant Financial |
| London | PPRO, Checkout.com, Monzo, OakNorth, TransferWise |
| New York City | Better Mortgage, Trumid, Payoneer, tZERO, Oscar |
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