Over the past decade, the British fintech ecosystem has flourished. From a global perspective, the UK punches well above its weight, making up 10% of the worldwide fintech market, according to the recent Kalifa Review.
A symbiotic relationship between investors and entrepreneurs has been crucial to this success. Venture capital and growth equity firms look at the UK as a place in which to find and invest in cutting-edge fintech businesses with huge growth potential, abetted by their proximity to the City of London and British consumers’ willingness to adopt new financial technologies.
Fintech founders see the UK as the perfect place to launch a new business, with readily available access to funding and guidance from sophisticated investors who have supported multiple other success stories....