Business
Environment

Sub-index Value 

Present: 105.8

Expected: 115.8

The business environment, measured by both internal and external factors on FinTech business operations and development, is 5.8% higher than 2018-19. The sub-index is expected to increase by 9% in 2020-21 due to improvement in external factors including more funding opportunities and a safer and more stable investment environment in the coming year.

Other Results

The majority of them (81.5%) are startup businesses. Moreover, 14.8% of them are Unicorns, which are startup companies with values of over 1 billion USD.

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