A previous article has advanced that London fintech has expanded so much that it is at the second position globally. Indeed, with more consumers using online payment solutions, it is attracting more investors. For instance, experts have disbursed $3.6 billion ($4.2 billion) in venture capital investments. In San Francisco, $5.1 billion were spent and in New York $2.2 billion. Moreover, 169 financial deals have been conducted in the UK capital so far. This gives it the top spot both in Europe and globally. An expert advanced that “London's fintech companies are innovating to respond to changing demands”.
Most deals were conducted in London © Royalty-free image
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