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.
