October 25, 2017
Investors have poured more than $1 billion into British FinTech companies since the beginning of 2017. In H1 2017, UK attracted $564 million of VC investment, up 37% on H1 2016. FinTech is worth $9.25 billion to the UK economy and now employs 60,000 people.
FinTech is a real asset for the UK’s economy and we are a global leader in our own right, Catherine McGuinness, Chairman of the Policy and Resources Committee at the City of London Corporation, said earlier in October 2017.