2020 2021
Israel houses over 750 fintechs Tel Aviv bounds over the competition
Called the ‘ Startup Nation ’ by some , Israel had managed to grow its fintech stable to more than 750 .
Among the startups are eToro , Payoneer , and OurCrowd . The country ’ s ecosystem is further supplemented by two fintech accelerator programmes and the national sector association FinTech-Aviv .
Although it placed a respectable 12th in Findexable ’ s 2020 Global Fintech Rankings , Israel leapt over the competition in 2021 to secure a place in the top three , behind only the US and UK .
Tel Aviv was no less impressive : it rose from 18th to 5th in the fintech hub rankings . From here on out , all eyes will be on the Startup Nation ’ s capital ; can it crack the top three and edge out London or New York by 2022 ?