The UK is a hotbed of innovative financial technology talent. We look at some of the hottest fintech start-ups that you need to know – including Starling Bank, Habito and Flux
The UK is home to one of the most diverse and exciting technology sectors in the world.
The record level of tech investment ploughed into the UK last year (£2.99bn) is evidence of this, with London beating every major European city by a significant margin.
And despite a volatile political climate, the capital’s reputation as the world’s leading financial centre – according to the Global Financial Centres Index 2018 – has endured, thanks in no small part to the wealth of financial technology (fintech) start-ups that call the city home.
These game-changing start-ups have adapted the services of a stale industry to an increasingly digital and mobile world. For instance, Tech Nation 2018 recently found that the UK’s digital technology sector is outpacing the country’s wider economy, growing 4.5% in 2017, compared to 1.7% for GDP.
Early-stage fintech companies are also injecting transparency into a sector that – as the financial crisis of the last decade made clear – hasn’t always put the customer first.
Covering everything from banking to mortgages and investments, these six up-and-coming fintech companies are shaping the UK’s digital future, with disruptive and customer-centric products and services that you can start using today.