- Just over 11% of all new FinTech unicorns in 2021 were based in Asia. In total there were 457 new unicorns in 2021 with one in three being a FinTech company.
- FTX, a crypto currency exchange based in Hong Kong, was the highest valued new FinTech company in 2021. FTX holds 16% of market share for bitcoin futures as of August 2021 up from 9% in June 2021.
- India had the 3rd most new FinTech unicorns in 2021 with seven in total. India has a high FinTech adoption at 87%, cheap internet, high smartphone penetration and youthful population, offering a favourable conditions to foster growing companies in the sector.
The data for this research was taken from the FinTech Global database. More in-depth data and analytics on investments and companies across all FinTech sectors and regions around the world are available to subscribers of FinTech Global. ©2021 FinTech Global