London is considered as a popular fintech hub. The UK has seen the emergence of several start-ups developing
innovative micropayment
services. As such, shoppers are increasingly opting for these payment systems. According to
statistics, 15% of people advanced that they are frustrated with banks’
poor technology offerings. This figure increases to 28% for customers aged
between 18 and 24 years old. This shows that new tools are becoming more and
more important in today’s era. Thus, it would not be surprising if more British
consumers opt for innovative financial
services in the future.
Consumers
look for innovative technologies
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