Awe-Inspiring London FinTech Industry Is Firing on All Cylinders

London is known to be one of the world's hubs of innovation with a wide range of well-known disruptive startups coming from the UK's disruption center. Along with Silicon Valley and New York, London is a place of tremendous opportunities for bright entrepreneurs. In last five years, out of $9.8 billion of investments in FinTech across the European region, 55% are invested in UK FinTech. Last year, $66 million were invested in London FinTech, making it the third leading financial technology location worldwide after Silicon Valley ($1.5 billion) and New York ($600 million).

London FinTech has been quite active with global events taking place in the European innovation hub. Earlier in December, TechCrunch Disrupt 2015—one of the world's biggest tech events—resumed in London.

Another notable event took place in London at the beginning of December—unBOUND Conference. The two-day unBOUND London is UK's most exciting innovation festival which connects leaders, brands and growth-stage companies from digital ecosystems around the world. Aimed to foster innovation, the festival gathered entrepreneurs, brands and global corporations with disruptive technology and creative insights to explore new opportunities. One of the most exciting announcements at the conference came from Barclays; the bank unveiled Launchpad—the first financial service in the UK that gives Barclays customers the opportunity to try out and give feedback on new features and app ideas, helping shape the future development of digital solutions for the bank.

In November, full-stack mobile-first smart bank Mondo announced the distribution of 500 Mondo Alpha cards to users in London. Anyone in London who was at least 18 years old could sign up for Mondo Alpha cards. Through this pilot, Mondo wants to launch the prototype to a small group of people to see how people will react to it and use it.

London is one of the most advanced cities when it comes to innovation adoption. Elimination of tickets and contactless payments adoption rates are speaking in favor of it. Transport for London (TfL) passengers can travel using contactless payment cards across the Underground and most of the other London transport. Nearly 50% of London's population already has contactless debit or

MOST POPULAR

To read this article, create a free account

Already a member? Log in


Annual Subscription

12-month access to 10,000+ insights, research reports, a database of 13,000+ FinTech companies, and a live global community.

$26/mo

TRY FREE FOR 7 DAYS

SKIP TRIAL

instant access to reports and global community along with donation to COVID-19 fund.

Quarterly Subscription

12-month access to 10,000+ insights, research reports, a database of 13,000+ FinTech companies, and a live global community.

$49/mo

TRY FREE FOR 7 DAYS

SKIP TRIAL

instant access to reports and global community

--------------- Reasons to buy ---------------

Understand the “Why” Behind the “What”

MEDICI offers data-driven, original, unique, and forward-thinking content to understand the “why” behind the “what”

10,000+ insights, 100+ research reports, and 1,000+ videos based on data, collected and processed by top-in-class researchers with over seven years of experience in the financial service industry.

Actionable Insights

We do not stop at the data; we analyze it and extrapolate actionable insights that shape and forecast market trends. All of our pieces are neutral, authentic, and unique – this means that you can’t read them anywhere else!

Data Visualization

We do also care about design. It’s why our infographics are the most-used ones in company reports and the most shared ones on social media.

Growing Proprietary Database of 13,000+ FinTech Companies

We have one of the largest databases with more than 13,000 company profiles listed across 60+ verticals! The database contains primary data collected in two ways:

Through our Global Listening Engine – a proprietary algorithm able to extrapolate and collect data across numerous sources

Directly from FinTechs – thanks to the onboarding flow through which companies can list themselves on the most used database for venture capital in the industry

Join the Largest Global FinTech Community

You will be added to our private WhatsApp Channel with more than 200 FinTech leaders across the globe, where we engage in discussions around various financial services topics daily. After a few clicks, you’ll get to know the whole community, including the MEDICI team – you can ask questions, suggest topics, and get behind-the-scenes insights

Q&A

What is MEDICI Inner Circle™?

MEDICI Inner Circle™ is the membership you need to freely access all MEDICI content, which includes insights, research reports, videos, startup knowledgebase, and the members-only community for live engagement.

What topics do you cover?

We cover more than 60+ sub-segments in FinTech – but we do not stop there; we also cover topics beyond FinTech, such as InsurTech, RegTech, PropTech, WealthTech, BankTech, AgriTech, and the enabling technologies enabling innovation such as AI, Blockchain, etc.

What do I get if I buy the membership? Is there a difference between being a free subscriber and being a member?

By becoming a member, you will unlock all the content on our website. A free subscriber gets access to only 5% of what we publish on the web-site. Paid members also get preferred access to our live events, and exclusive access to the members-only community for live digital engagement.

Do you have a discounted plan for students?

Yes. Please write to us at innercircle@goMEDICI.com.

Do you have an enterprise plan for corporates or groups?

Yes. Please write to us at innercircle@goMEDICI.com.

Do you offer refunds?

We offer a 7-day free trial during which you can access all of our data, insights, and analyses. You can cancel the subscription any time before the end of the free trial period. However, we do not offer refunds.

Unlock this article by signing up for MEDICI Inner Circle

--------------- OR ---------------