Apr 11, 2019
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London Firms Snared 39% of European Fintech Funding in 2018

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London Firms Snared 39% of European Fintech Funding in 2018

Financial technology (fintech) firms based in London took the lion’s share of investment in 2018, collectively attracting 39% of all European funding, against a total USD 36.6 billion in global venture capital (VC) investment last year, according to a CNBC business report.

Research from Innovate Finance has singled out the United Kingdom as an emerging leader when it comes to securing VC funding in fintech, ranking third in the world, behind only China and the United States.

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