The UK's offer Work with regulators with a mandate to help firms innovateAccess one of the world’s biggest pools of client and partner financial and professional services firmsReach out through a global network of fintech bridges reducing barriers to entry to international marketsBenefit from more fintech funding than any other centre in EuropeLead the field - in one of the world's most cutting edge fintech industriesJoin a growing community - London is home to over 2,500 fintech companies, more than any other global city 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. Download Fact Sheet The UK is taking the lead – whether this is regtech, payments, artificial intelligence or tech for good. Powering the fintech revolution Powering the fintech revolution Over the past decade, the UK has undergone a fintech revolution and today is one of the leading global fintech hubs. The Kalifa review of UK fintech The Kalifa review of UK fintech Our global offer to business London and the UK’s competitive strengths in a critical time London and the UK’s competitive strengths in a critical time Financing growth London is home to over 2,500 fintech companies, more than any other global city. These companies are innovating to respond to changing demands, enabling them to take advantage of new opportunities at speed and scale. Portal to global capital Between 2016 and 2020, UK-based fintechs received $111bn in investment across 1,380 venture capital, private equity, and M&A deals. Portal to global capital A world leading destination for investment The UK attracted a record $11.6bn in fintech investment in 2021 – nearly half of all investment in Europe. A world leading destination for investment A thriving tech sector In the wider tech sector, London’s tech firms raised $10.5bn VC investment in 2020 – more than any other European city A thriving tech sector WE ARE THE UK: WORKING WITH YOU UK Fintech: Partnering the world in innovative solutions The digitisation of finance is accelerating as the world responds to global uncertainty. The UK partners the world to find innovative solutions – shaping the world of business for today. And tomorrow. Watch the Video Access to customers, partners and top talent With the world's largest cluster of financial and professional services providing a vast pool of clients, partners, and top talent, the UK offers an unmatched opportunity for growth. The UK had one of the highest fintech adoption rates in the world at 71% - providing a huge partner and customer opportunity for fintech firms. 71% UK fintech adoption rate well above global average of 64% Over 350,000 software developers are in London more than any other European city 42% of overseas workers in UK fintech with the sector benefiting from a wide pool of global talent #2 London is ranked the second most active city worldwide for fintech Partner story Applied Blockchain Applied Blockchain Partner story Worldpay Worldpay Partner Story Comply Advantage Comply Advantage Partner story Revolut Revolut Partner story Goldex Goldex Partner story FinTru FinTru Partner Story Agvesto Agvesto See more Case Studies "Being able to attract money and investment through the City of London means it is always an attractive place for fintechs to start." Jana Mackintosh, Director of Government Affairs and Public Policy Worldpay "COVID-19 has highlighted the value of services such as Crossflow in helping businesses. The UK supports this rapid innovation, making it one of the world’s highest regarded financial centres." Tony Duggan, CEO Crossflow 1 2 Stay in touch Sign up to our mailing list to make sure you're the first to hear about news, reports, and events relating to financial and professional services from the City of London Corporation. Sign up now Everything you need The UK offers you everything you need to grow your business. We have a global outlook, which means we understand your business needs. The depth and breadth of our offer mean unparalleled opportunities for you to grow. Innovation is what we do - creating an inspirational ecosystem where you can thrive. Choose the UK Innovation Open and global Business environment Opportunity Talent Industries A UK-wide offer Need more information? 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