Publication Date: February 2016
Financial Technology – or FinTech – is fundamentally changing the way nancial services rms operate and transforming the way we transfer, borrow, protect and manage our money.
Just as the UK is the nancial capital of the world, so we are also a leading FinTech capital, with increasing FinTech activity taking place across the nancial sector. Small start-ups and innovation within existing large nancial services rms is creating jobs and attracting investment. The sector has now grown from its disruptive roots into an industry in its own right – generating £6.6b in revenue in 2015.