Fintech firms will double in the UK by 2030

 

With consumers looking for efficiency, the number of fintech firms in the UK is set to double by 2030. Secure payment services are in demand and the adoption of new technology by start-ups has made it possible to offer such facilities. As such, the popularity of these firms is growing at a rapid rate. Thanks to a change in consumer habits, challenger banks have more opportunities to expand. In fact, they have cemented their role in the financial landscape, growing in search by 32% between 2016 and 2019.

Fintech start-ups are gaining popularity © Royalty-free image 


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