UK fintech financial investment comes by practically double international average
Global fintech financial investments fell 20% compared to 37% in the UK, according to most current Innovate Finance figures
By
Karl Flinders, Chief press reporter and senior editor EMEA
Released: 10 Jan 2025 11:55
Financial investment in the UK fintech sector fell by 37% in 2015 compared to 2023, however maintained its management in Europe and was 2nd location in worldwide terms.
The big fall in financial investment was put down to hard market conditions that included "increasing rates of interest, geopolitical instability, and a recalibration in venture-capital fund-raising", according to Innovate Finance, the market body for fintech in the UK.
In its most curren...