London races to keep its head-start in fintech

LONDON: At the 600-year-old Guildhall in the City of London, key players in a two-decade-old industry looking to remake finance are gathering. Innovate Finance’s summit – part of the United Kingdom Fintech Week – aims to showcase Britain’s financial technology (fintech) sector and its global ambitions.

Its profile has never been higher, with soaring demand from both customers and investors – even if the latter are proving a little harder to find than in the United States.