This statistic presents the leading Fintech (Financial Technology companies) locations worldwide in 2014, by value of investment. The term Fintech is used to describe the start-up innovative companies operating in the financial sector, which provide modern technology solutions to financial services companies. It was found that Silicon Valley in the United States was the leading Fintech location worldwide, as it attracted approximately 1.5 billion U.S. dollars of investments in Financial Technology companies. Other cities with substantial Fintech activity and which can develop into significant Fintech centers in the future are Dublin, Berlin, Tel Aviv, Singapore and Hong Kong.
Fintech – additional information
As well as Silicon Valley, New York and London were distinguished as main Fintech locations in 2014. In that year, investments in financial technology companies in New York amounted to approximately 600 million U.S. dollars, and investments in London-based companies were equal to approximately 66 million U.S. dollars. The other global cities with substantial Fintech activity, and which were looking at the prospects of developing into significant Fintech centers in the future, were Dublin, Berlin, Tel Aviv, Singapore and Hong Kong.
In 2014, the United States provided 200 thousand jobs in the Fintech sector, while the UK Fintech employment figure reached 82 thousand. London, New York City and San Francisco Silicon Valley were the cities with highest number of Fintech employees, with 51 thousand, 48 thousand and 13 thousand employees, respectively, within a 50 mile radius of each city.
Leading financial technology locations worldwide in 2014, by value of investment
(in million U.S. dollars)
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KPMG. (October 31, 2014). Leading financial technology locations worldwide in 2014, by value of investment (in million U.S. dollars) [Graph]. In Statista. Retrieved October 12, 2024, from https://www.statista.com/statistics/412541/leading-fintech-locations-by-investment/
KPMG. "Leading financial technology locations worldwide in 2014, by value of investment (in million U.S. dollars)." Chart. October 31, 2014. Statista. Accessed October 12, 2024. https://www.statista.com/statistics/412541/leading-fintech-locations-by-investment/
KPMG. (2014). Leading financial technology locations worldwide in 2014, by value of investment (in million U.S. dollars). Statista. Statista Inc.. Accessed: October 12, 2024. https://www.statista.com/statistics/412541/leading-fintech-locations-by-investment/
KPMG. "Leading Financial Technology Locations Worldwide in 2014, by Value of Investment (in Million U.S. Dollars)." Statista, Statista Inc., 31 Oct 2014, https://www.statista.com/statistics/412541/leading-fintech-locations-by-investment/
KPMG, Leading financial technology locations worldwide in 2014, by value of investment (in million U.S. dollars) Statista, https://www.statista.com/statistics/412541/leading-fintech-locations-by-investment/ (last visited October 12, 2024)
Leading financial technology locations worldwide in 2014, by value of investment (in million U.S. dollars) [Graph], KPMG, October 31, 2014. [Online]. Available: https://www.statista.com/statistics/412541/leading-fintech-locations-by-investment/