Hong Kong Fintech Ecosystem Report

28 16.9% of the surveyed fintech companies are registered outside Hong Kong. Among them, Hong Kong and the USA are the most popular markets for business operations, followed by Singapore and the UK. For the surveyed fintech companies registered in Hong Kong, Mainland China and Singapore are the top choices for business operations, followed by Malaysia and the UK. Exhibits 4.1 and 4.2 detail the markets of operations of the surveyed fintech companies, registered in Hong Kong and outside Hong Kong, according to their revenue sizes. Exhibit 4.1: Markets of Operations of Surveyed Fintech Companies Not Registered in Hong Kong Exhibit 4.2: Markets of Operations of Surveyed Fintech Companies Registered in Hong Kong Note: The region where the companies are registered are excluded in Exhibits 4.1 and 4.2. 40% 30% 60% 50% 20% 10% 0% Hong Kong, China United States of America (the) Singapore United Kingdom of Great Britain and North Ireland (the) Malaysia Australia India Brazil Canada Mainland China Japan Korea (the Republic of) United Arab Emirates (the) Indonesia Mexico Netherlands (Kingdom of the) Thailand 50.0% 50.0% 45.5% 36.4% 22.7% 18.2% 18.2% 13.6% 13.6% 13.6% 13.6% 13.6% 13.6% 9.1% 9.1% 9.1% 9.1% 40% 30% 15% 25% 35% 20% 0% 5% 10% Mainland China Singapore Malaysia United Kingdom of Great Britain and North Ireland (the) United Arab Emirates (the) United States of America (the) Australia Taiwan, China Thailand Canada India Indonesia Japan Macao, China Viet Nam Korea (the Republic of) Russia Federation (the) Estonia France Germany Philippines (the) Seychelles Switzerland 37.0% 37.0% 20.4% 15.7% 13.9% 13.9% 12.0% 12.0% 11.1% 9.3% 8.3% 7.4% 7.4% 6.5% 6.5% 5.6% 2.8% 1.9% 1.9% 1.9% 1.9% 1.9% 1.9%