London retains crown as Europe’s fintech capital

Industry News | 20/01/21

London remains Europe’s capital for investment in financial technology with $4.1bn (£3bn) pumped into the sector during 2020, according to new research.

Investments in leading banking start-ups including Monzo and Revolut ensured the UK stayed ahead of Germany, France and others, the report from trade body Innovate Finance found.

UK companies raised more money than deals in Germany, Sweden, France, Switzerland and the Netherlands combined.

Source: The Telegraph