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India has highest concentration of fintech hubs in Asia

Emerging economies outrank developed countries in financial innovation

India is home to six of the world's top 100 cities in terms of fintech innovation and has the most such hubs in Asia, according to research group Findexable. (Photo by Kosaku Mimura)

TOKYO -- India is leading Asia in financial technology innovation in terms of having the most fintech hubs among countries in the region, according to a report released Wednesday by Findexable, a London-based research company.

Among the world's 100 leading fintech cities, six were now located in India, the report said. They include Bangalore, ranked in seventh place, Mumbai at No. 10 and New Delhi at 16.

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