RE: Reality of the Challenger Banks7 Feb 2022 09:25
UK fintech investment topped $37.3bn (£27.5bn) in 2021, a sevenfold increase compared to 2020, as dealmaking activity soared.
Britain has emerged as a hub for fintech investment post-Brexit, with over 600 M&A, private equity and venture capital deals finalised in 2021, up by 27 per cent compared to 2020. The investment total was boosted by a string of high value deals, with five of the ten largest fintech deals in the EMEA region completed in the UK, according to KPMG data.
“The UK is a world-leader in fintech, which is good for jobs and the economy,” a spokesperson for the Treasury told City A.M.. “We welcome these figures from KPMG that show how our work to create an environment that supports innovation and attracts investment is paying off.”
https://www.cityam.com/uk-fintech-investment-topped-37bn-in-2021/