RIYADH: In its 2020 global report, research organization Startup Genome named Riyadh as one of the top 20 cities to watch for its achievements in financial technology (fintech). The firm analyzed dozens of countries across the globe based on factors including funding, exits, talent and focus, as well as the impact of ecosystem players such as policymakers and founders. Bahrain and Riyadh were the only two locations in the Gulf Cooperation Council to be included in the report. The top five fintech locations globally were named as Silicone Valley, New York, London, Singapore and Beijing. The report highlighted some factors as to why the Saudi capital enjoys a strong fintech ecosystem and is one of the top cities to watch within the sector.