A tale of 44 cities | Methodology As the GFHF was still in its infancy when the inaugural report was launched, a broad spectrum 1.4. List of Selected Hubs and Hub Representatives of ecosystem participants, ranging from industry bodies to regulators and professional services 2016 Hubs (“Existing Hubs”) firms, were invited to contribute to the Connecting Global FinTech: Hub Review 2016 as Hub Hub Hub Representative Representatives. (Example: Deloitte Ireland is not a participant of the GFHF but was asked to contribute Amsterdam Holland FinTech towards the inaugural report as the Hub Representative. In the next full version of the report, a GFHF [NOTE 2] participant will replace Deloitte as the Hub Representative for Ireland.) Bangalore Nathan Associates India Brussels B-Hive (formerly Eggsplore) [NOTE 2] However, as the GFHF develops and its network of participants expands, the intention is to shift Dublin Deloitte Ireland the roles and responsibilities of Hub Representatives to GFHF participants. For example, Hub [NOTE 1] Frankfurt Frankfurt Main Finance Representatives selected for the “New Hubs” in this Interim report are FinTech associations and Hong Kong FinTech HK bodies who are also participants of the GFHF. [NOTE 2] Johannesburg Techstars Deloitte has no influence over the selection of the Hub Representatives. London Innovate Finance Luxembourg City Luxembourg for Finance 1.3. GFHF Participants Mexico City FinTech Mexico Under current guidelines, independent FinTech ecosystem facilitators such as associations, industry Nairobi NEST Nairobi bodies and organisations who play a role in connecting FinTech startups, investors, institutions, New York Partnership Fund for New York City policymakers and regulators are open to join the GFHF and become participants. Paris Paris FinTech Forum [NOTE 3] The current list of participants, and criteria for joining the Federation, can be found on the Seoul Deloitte South Korea [NOTE 1] GFHF’s website at: thegfhf.org Shanghai Association of Shanghai Internet Financial Industry (ASIFI) [NOTE 2] Silicon Valley 500 Startups [NOTE 2] Singapore Monetary Authority of Singapore Sydney Stone & Chalk Tel Aviv Startup Nation Central [NOTE 1] Toronto MaRS Discovery District Zurich Swiss Finance + Technology Association Note 1: Hub Representatives changed since 2016 report Note 2: Proxy representative until a GFHF participant is selected to be the Hub Representative Note 3: Seoul (South Korea) has been excluded from this Interim report as there is currently no GFHF participant in this location. 8