China tops the list of fintech innovators, nabbing the top three spots and five of the top 10 on the 2017 Fintech 100 list.
According to KPMG International, the list, which was compiled by Fintech Innovators, a collaboration between fintech investment firm H2 Ventures and KPMG Fintech, includes the "Leading 50" fintech firms around the globe, ranked based on innovation, capital raising activity, size and reach; and the "Emerging 50," new fintechs that are at the forefront of innovative technologies and practices and are often pursuing new business models.
The fintech movement is spreading globally, the report finds, with 29 different countries represented in the Fintech100, up from 22 countries in 2016.
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