Global fintech and funding innovation ecosystem

Global Fintech Ecosystem Report Launch | Top 20 Ranking

Startup Genome | Nov 24, 2020

Stratup Genome Global Fintech Ecosystem report 2020 - Global Fintech Ecosystem Report Launch | Top 20 Ranking

The Global Fintech Ecosystem Report 2020 by Startup Genome is launching today at FinTech Abu Dhabi, a conference focused on the latest launches, pioneers, brands, and insights that are powering the world of financial technology.

The Global Fintech Ecosystem Report is an extension of Startup Genome’s Global Startup Ecosystem Report and the first installment of the annual sub-sector report series. The Report ranks the global top 20 and runner-up Fintech startup ecosystems on five Success Factors, including Performance, Talent, Funding, Focus and Legacy.

The top five Fintech startup ecosystems globally in 2020 are Silicon Valley, New York City, London, Singapore and Beijing, respectively.


Using ecosystems to reach higher: An interview with the co-CEO of Ping An

View Canadian Fintech markets on


  • The top 5 global Fintech ecosystems are Silicon Valley, New York City, London,Singapore and Beijing.
  • Europe and North America no longer dominate the Top 20 Fintech ecosystems with the Asia-Pacific region contributing as many globally leading hubs as North America.
  • Overall, the growth in Fintech funding is slowing down globally. Early-stage funding (pre-seed, seed and Series A) has plateaued almost everywhere. China in particular has seen a drop. The notable exceptions are Europe, and Americas (excluding USA), both of which have seen an increase.
  • Series B+ funding is doing better, with China being the only region down in 2019,but this is due to a whopper year in 2018, led by a $14B funding round for Ant Financial.
  • The increasing share of series B+ rounds in total funding for fintech indicates industry consolidation with more money being poured into winners. This is ultimately necessary as Fintech commercials require large volumes for profitability.
  • European Fintech funding continues its steady climb at all stages and with consistent unicorn growth, not the least reflective of rapid growth in user adoption since pandemic.
  • Digital-only banking clearly is on the rise; including by adding new services such as wealth management as well as broader service bundles.
  • Artificial Intelligence: A natural complement to Fintech, helping the industry develop hyper personalized solutions.
  • From competition to collaboration - incumbents and startup challengers increasingly realize benefit in collaborating, resulting in a much larger number of partnerships between incumbent FIs and Fintechs as well as between non-financial players and Fintechs.

Download the Global Fintech Ecosystem Report --> now

Checkout Toronto-Waterloo (Ranked #18) --> here

NCFA Jan 2018 resize - Global Fintech Ecosystem Report Launch | Top 20 Ranking The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit:

Latest news - Global Fintech Ecosystem Report Launch | Top 20 RankingFF Logo 400 v3 - Global Fintech Ecosystem Report Launch | Top 20 Rankingcommunity social impact - Global Fintech Ecosystem Report Launch | Top 20 Ranking

Support NCFA by Following us on Twitter!

NCFA Sign up for our newsletter - Global Fintech Ecosystem Report Launch | Top 20 Ranking


Leave a Reply

Your email address will not be published. Required fields are marked *

nine + 18 =