The index also listed 4 African countries among the top 10 to watch out on the global scale when it comes to local entrepreneurial success, regulatory foresight, and showing signs of a growing local fintech ecosystem, as shown below:
The index also looked at various industries defining and leading the fintech revolution in these regions. Blockchain and crypto startups predominantly featured in the fintech’s top 10 strength areas as shown below:
The index is expecting to help track the performance of leading, and emerging, fintech hubs to provide a useful benchmark by which to gauge success – both to explain the differences between old school and next generation finance, and to help define components that are essential to building a thriving fintech hub.
About the Global Fintech Index
The Global Fintech Index 2020 is the first ranking of its kind that scores locations across several thousand data points on fintech companies with metrics on local business infrastructure and fintech ecosystem quality, and data fro global leaders that include Crunchbase, StartupBlink, and SEMrush.