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British fintech is booming
Last year, investors chose to put more money into the UK than anywhere else in Europe, leading to a year of record investment. According to Findexable’s global ranking of the fintech ecosystem, the UK is number one in Europe and only trails the US globally. Some of the other statistics that help highlight the strength of the UK FinTech ecosystem include:
76,000people work in the UK fintech sector
1600+fintech companies currently in the UK
£6.6bnin revenue by UK fintech companies
2357fintech investment deals happened worldwide
409of those deals happened in UK fintech
17%of global fintech investment is in the UK