Top 10 Global Fintech Hubs | San Francisco Bay

By Evelyn Howat
In July’s edition of FinTech Magazine, we broke down our Top 10 Global Fintech Hubs. In at number 1 is San Francisco Bay...

The San Francisco Bay area - a mecca for innovators, startups, hipsters (okay, we’re guessing) and now fintechs, according to Findexable. Indeed, the metropolitan region is home to globally recognised unicorns such as Stripe, Coinbase, Credit Karma and more, as well as a host of up and coming fintechs like Robinhood.

 

This should come as little surprise considering the area plays host to several fintech accelerators and incubators from names such as Deutsche Bank, Hitachi, Wells Fargo and Mastercard. According to Findexable, sectors of prominence include insurtech, lending, payments and B2B fintech and, in 2019, fintech deals in the region reached the $3bn mark.

Did you know?

Not a single bank in San Francisco went bust during the Great Depression. Business in the area thrived, so much, in fact, the Oakland Bay Bridge and Golden Gate Bridge were both constructed during this time.

Share

Featured Articles

EU Council Adopts Instant Payments Regulation

The Council of the European Union has adopted new regulation that will make instant payments in the euro currency available to all EU and EEA members

Ericsson and HPE Partner to Launch Fintech Cloud Services

Announced at MWC 2024, Ericsson is collaborating with Hewlett-Packard Enterprise (HPE) to deploy fintech cloud services on HPE GreenLake

Capital One's Takeover of Discover: All you Need to Know

Capital One's proposed US$35.3bn acquisition of Discover Financial would bring together two of the largest credit card companies in the US

Sustainability LIVE Net Zero: Sustainable Finance Insights

Sustainability

EPAM: 96% of Consumers Happy With AI in Banking

Banking

Bitcoin Reclaims US$1tn Valuation; the Bull Market is Here

Crypto