Fintech

Data Dictionary

Definition	Digital financial services using open banking or open finance APIs Digital financial services making open APIs available
Key characteristics of groupings	Fintech consuming APIs Fintech platforms We have also categorised fintech into category and sub-category groupings
Reference material	We drew on OBIE, CB Insights, AddVentures, and CGAP fintech taxonomy models, and Bank of Spain’s Taxonomy of Spanish Fintech ecosystem
Platformable’s taxonomy model
Key indicators used in scorecards/ranking	Number of fintech originating in country per 1M head of population Number of fintech operating in country per 1M head of population Number of fintech operating in country with subcategory API aggregation
How to analyse/calculate
How to display/visualise	Map of the world with regions/countries showing fintech concentration by population Infographic of fintech taxonomy with total numbers by category and subservice category
How to use in strategic analysis
How to use in equity analysis	Needs to be done before we can analyse by categories most useful to underserved (see below)
How to calculate on scorecard	Fintech originating/Fintech operating Score RAG color coded and ranked by fifths