A tale of 44 cities | Tokyo S e l f e v a u l a t i o n o f t H h e u h b u b i i n n d i s c High Rank ix a t k o NEW HUB e y r s a r e a Tokyo s Hub profile T o r o n to G St o o v c e k r h n ol m m e G n l o b a l F i t C n e s n t r e u T 5 p ok D p yo o o B i r u n t 3 s g Finolab i 4 n e s MUFG Digital Accelerator s Nomura Accelerator Program Dubl The Dots Japan has seen strong growth in the FinTech ecosystem in the past two in years, as FinTech startups, industry players, regulators and government I n n o n have collaborated to build a sustainable and scalable environment for i INDEX SCORE o at v v a o t innovation. Tokyo has a vibrant FinTech network, and the regulators Taipei n i o have recently launched FinTech-friendly laws around blockchain and nI lax c n bolednI61 55 utlu APIs, along with initiatives to support new FinTech startups. As the third G er largest economy in the world, there is opportunity for both B2C and B2B players to enter the market. Low Rank tise Re per gula o ex tion ty t imi rox P Hub representative FinTech Association of Japan For mers eign st o custo CEO artups Proximity t Hiroki Kudo & Hiroki Maruyama Source: Global FinTech Hubs Federation Produced by Deloitte 68