Which city has the most number of fintech startups?
Which city has the most number of fintech startups?
Is it an American city?
No!
In fact, the winner lies in India. Moreover, Bengalore, the “Silicon Valley” of India ranks as the winner. No other city comes to close to as many FinTech firms. From software as a service, to robo advisors and lenders. Bengalore has no shortage of variety.
Though many say that if you make the cutoff a greater size in revenue. Then as a result, San Francisco would retain the lead. Numbers such as 2,000 total FinTech companies are thrown around. Does Bengalore really have that many?
If you look at FinTechs over $1 billion then there is no question San Francisco is in the lead. However, if you changed the data and allowed for larger startups. But, not too large, then some say New York City could take the claim. As New York has been on a FinTech startup tear over the last 2 years. In fact, the World Trade Center, which received its name from being a Financial hub. Now, acts as more of a technology hub. See: What Is The World Trade Center Now?
