Despite the continued uncertainties of Brexit, 2018 was another year for the UK’s fintech sector. Record levels of investment poured into the community, with $16bn secured in the first six months of 2018, exceeding the value of investment in US fintech by almost $2bn. In addition, progressive
UK fintech firms expect higher than average growth over the next few years as London remains a top destination for business. UK-based financial technology firms expect 88 per cent growth over the next three years, topping the average country's expectations, according to a global fintech survey
A NEW investment trust dedicated to backing fintech start-ups is set to list on the London Stock Exchange on Tuesday. Augmentum Fintech has raised £94m through an initial public offering (IPO) alongside a Seedrs crowdfunding round that raised £695,000. The company’s investment objective is to generate capital
An AI-driven cybersecurity company, a fashion industry analytics business and a tech-based language teaching company are among the 26 UK startups that have been identified as potential future tech stars. Darktrace, Featurespace and Firefly are among the companies joining companies such as SpitfireAudio, Thread and Superawesome
Trufin, a niche technology-enabled bank run by a former hedge fund boss, has just floated on the London Stock Exchange this morning to raise £70m. The fintech-focused business has three divisions including DFC, a short-term lender focusing on financing supply chains, Oxygen Finance, which helps provide
The UK is seeking to woo foreign fintech firms after Brexit with more than 50 startups set to head to London. The government and City institutions will host companies from more than 13 countries inside the European Union and outside the bloc, in a fresh bid
A finance firm set up above an Italian restaurant nearly 20 years ago has emerged as one of the first companies to confirm a London listing this year. Transact, which provides software to over 5,000 financial advisers and posted profits of £37m last year, has told
