Fintech - Shaping The Future Of Financial Services
The acute challenges of the global COVID-19 pandemic have demanded fast responses from the world’s most innovative industries. The UK’s world leading fintech industry is empowering resilience at a time of worldwide uncertainty with innovative solutions and partnerships.
The UK’s proposition for fintech is unique: world-class talent, UK-wide expertise, a forward-thinking approach to regulation, access to capital, and proximity to an innovative financial services sector. This ideal environment has put the UK at the cutting-edge of fintech innovation – from peer-to-peer lending, to challenger banks, cyber, insurtech, regtech, AI, paytech, tech for good, 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 are already in place with Australia, Hong Kong, Singapore, China, and South Korea.
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