Shaping the future of financial services
A world-leading fintech centre, the UK offers a unique proposition: world-class talent and clusters of expertise UK-wide, a forward-thinking approach to regulation, access to capital, and proximity to a forward-looking financial service sector. This has put the UK at the cutting-edge of fintech innovation – from peer-to-peer lending, to challenger banks, cyber, insurtech, regtech and blockchain.
Fintech is more than a subsector in the UK. The whole financial services industry has embraced its evolution, delivering new client-centric and innovative products, services, and solutions. Driven by innovation and technology, the sector is increasing the efficiency of established players and strengthening connections with financial centres across the world. Fintech bridges have already been set up with Australia, Hong Kong, Singapore, China and South Korea.
Increasingly purpose-led and a force for good, the UK supports the role of fintech in reducing inequality and boosting economic growth across the world. The government has committed to investing over £1bn to speed up the development and uptake of next generation digital infrastructure.
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