UK fintech investment set for record-breaking year in 2017


  • TECH
  • Friday, 20 Oct 2017

Financial technology firms have been chipping away at traditional banking by offering services ranging from mobile payment apps to digital currencies like bitcoin.

LONDON: British fintech companies are expected to see record-breaking investment this year and to far outstrip their European competitors, data showed on Thursday, adding to signs that Brexit is so far having no big impact on the fast-growing sector. 

Financial technology firms have been chipping away at traditional banking by offering services ranging from mobile payment apps to digital currencies like bitcoin, and the government regards the sector as a key source of growth.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

In an online world, a new generation of protesters chooses anonymity
After two winsome Ori games, a pivot into dark fantasy
Teenager in China dies of heart attack after teacher forces her to exercise, insists illness is ‘fake’, delays first aid, enrages mainland social media
NoSpace is Gen Z’s answer to MySpace
What if customers were rewarded for tipping their meal delivery drivers?
Reddit CEO beneficially owns 61.5% of class A shares, regulatory filing shows
Exclusive-Stanford AI leader Fei-Fei Li building 'spatial intelligence' startup
Tech platforms make pitch for ad deals as TikTok is roiled by politics
Intesa targets new digital-only clients after antitrust blow
Paramount will let exclusive talks with Skydance lapse

Others Also Read