Since 2000, Asian fintech stocks have experienced remarkable growth, increasing by 1200%, according to industry experts.
The UFGFI has grown by over 300% since Jan 1, 2000, reaching 413.62 points by the end of 2023. This rise is equivalent to a market capitalisation of US$5.43 trillion .The APAC region has outshone other regions with a 1216% increase in its fintech index with the UnaFinancial APAC Fintech Index , reaching 1,315.54 points.
In terms of regional distribution, North and South America lead with 122 companies, with 40.26% of the index. APAC follows with 101 companies , Europe with 63 companies , and the Middle East & Africa with 17 companies . To compare UnaFinancial’s regional findings with global benchmarks, results were recalculated starting August 2004. The Asian index UFAFI demonstrated a 1255% increase. This is higher than the S&P 500, which rose by 333% over the same period.