UK: Fintech world leader with £4.5bn investment

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UK: Fintech world leader with £4.5bn investment

UK: Leading the world in fintech with high-grow businesses receiving over £4.5 bn investment between 2015 and 2018

  • News that the UK is the top global hub for fintech came in the Tech Nation Report 2019
  • which also revealed that the UK is fourth in the world for overall scaleup investment, behind the US, China and India
  • Fintech scaleups received almost double the investment of the next most popular UK tech sectors: e-commerce, gaming and Software-as-a-Service (SaaS)
  • The top tech deal was the acquisition of London online payments company Skrill by Paysafe Group for £785 mn in 2015
  • Total venture capital investment in UK tech topped £6bn last year, more than any other European country