A tale of 44 cities | Methodology Methodology The Connecting Global FinTech: Hub Interim Review 2017 The methodology for the FinTech Hub comparison is comprised of three sections: Hub and Hub is published by Deloitte in collaboration with the Global FinTech Representative Selection Index Performance Score and Hub Indicators. Hubs Federation and builds on the initial analysis and research For the Hubs featured in the original Connecting Global FinTech: Hub Review 2016 report, we undertaken for the Connecting Global FinTech: Hub Review updated the Index Performance Scores with recent data. However, the self-evaluation and narrative data remain largely unchanged, except where Hub Representatives have changed. 2016. The report takes into account both hard and soft data to For the 24 New Hubs, the full research was completed based on the methodology below. compare the status of 44 global hubs (“Hubs”) on the basis of the FinTech sector development in that location. Future reports will include a refresh of the full dataset. Section 1. Hub and Hub Representative Selection 1.1. Hub Selection Hubs (locations) profiled in this report were selected by the GFHF and are based on cities where GFHF participants are located. (Example: Copenhagen FinTech is a Copenhagen-based GFHF participant, and therefore Copenhagen is included as a Hub in this report.) Note that since the research cut-off date for this Interim report, the locations covered by GFHF participants have expanded to include Dubai and Charlotte (North Carolina). These Hubs will be included in the October 2017 edition of the report. 1.2. Representatives Selection Hub Representatives were selected by the GFHF to provide insights and knowledge on local FinTech markets and trends. These parties are all heavily integrated in their local FinTech ecosystems and play an important role in developing FinTech in their Hub. As contributors to the Connecting Global FinTech: Hub Review report, Hub Representatives have a responsibility to provide a balanced and unbiased overview of FinTech developments, strengths and challenges within their Hub. 7