UK Trade & Investment (UKTI) release a research report titled “Fintech – the UK’s unique environment for growth”

UKTI released a report titled “Fintech – the UK’s unique environment for growth” on 6th August 2014 to coincide with the launch of the new UK Fintech organisation Innovate Finance.

The report looks at the strengths of the UK’s Fintech sector and how overseas companies can benefit from setting up in the UK.

The full report can be viewed or downloaded here.
Fintech in the UK. The UK is a uniquely well-suited location for technology applied to financial services – Fintech. This fast-growing sector covers both: (1) Traditional Fintech (with larger incumbent technology firms supporting the financial services sector), and (2) Emergent Fintech (with small, innovative firms using new technology to bring financial services directly to consumers, often disrupting existing business models).

UK Trade & Investment (UKTI) has published a report that sets out the strengths of the UK’s fintech sector and the market opportunities for Fintech companies

The UKTI publication titled “Fintech: The UK’s Unique Environment for Growth” gives an overview of why the UK is a unique location for companies specialising in Fintech (Financial Technology).

UKTI publication suggests that the Fintech market in payments, platforms, software and data analytics is worth £20 billion to the UK annually. The research was commissioned by UKTI and carried out by EY (Ernst & Young). EY has for the first time mapped out the opportunities and strengths of the UK’s fintech sector by speaking to existing investors.  The UKTI report can be viewed / downloaded here.

The UKTI report was published to coincide with the launch of new UK Fintech industry trade body. 

Innovate Finance is a new UK industry organisation that aims to accelerate the UK’s leading position in the global financial services sector. It will support young or established technology-led financial services innovators.  

London is Benefitting from Fintech Investment Boom, according to Accenture Study

Recent research published by Accenture says that London is benefitting most from a global boom in fintech investment and that the London Fintech boom is strong because the City of London has a long tradition of strength in the financial services sector.

The Accenture study is titled: “The Boom in Global Fintech Investment; A new growth opportunity for London”, is based on an analysis of global Fintech investment data from CB Insights.

The Accenture report can be downloaded at the following link: