An overwhelming majority (76%) of international tech and business leaders believe London can create the first FinTech company with a $10bn valuation this year.
According to new research released by the organisers of London Tech Week and TechXLR8, only 10% of those surveyed said they did not believe London had the tech talent required to scale startups into global technology giants.
Somewhat unsurprisingly, FinTech regained its top position as the dominant technology vertical in the capital – with 30% of participants stating that financial technology businesses would attract the most investment over the coming year.
FinTech was closely followed by cybersecurity (22%), AR/VR (12%) and smart cities (12%).
Commenting on the findings, Zoe Osmond, festival director of London Tech Week, said: “This survey demonstrates the widespread confidence that 2018 could be the year a London tech company breaks the $10bn valuation milestone. ...