UK finance: fintech firms’ contribution to this sector


The UK finance sector has been experiencing several changes during the past five years. More and more investors are turning their interest to firms offering cashless payment facilities. This sector is moving towards maturity. The United Kingdom received 2019’s largest fintech funding in the world. This was when the conglomerate holding company Softbank invested $800m in a supply chain finance lender. Financial-technology has also become the highest performing part of the UK’s tech industry. It contributes more than £130bn to the economy every year.


The UK received the largest funding for fintech

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