British FinTechs raise record amount

August 14, 2019 | Venture Capital
Written by FinTech Alliance

Tags

Investment
British FinTechs raise record amount

FinTechs in Britain raised a record amount of venture capital last quarter, despite regulatory challenges.

In brief:

  • Venture Capitalists invested a total of £720mn into UK FinTech companies in the three months ending June this year.

  • This is almost double the investment from the same quarter last year.

  • CB Insights has revealed the data as part of its Global FinTech Report.

What does this mean?

CB Insights has cited the fast-growing number of unicorns in the UK as a contributing factor to this positive investment news. Indeed, there are 72 unicorn firms based in Britain at the moment, 18 of which are FinTech companies.

Read more here.

More in Venture Capital

Horizons Ventures Leads Series A+ Financing in MioTech
Venture Capital
January 06, 2020

Horizons Ventures Leads Series A+ Financing in MioTech

The Hong Kong FinTech specialises in AI analytics for ESG investments In Brief The new undi...

Where top VCs are investing in FinTech
Venture Capital
November 06, 2019

Where top VCs are investing in FinTech

TechCrunch asked 12 leading FinTech VCs about their perspective on growth and opportunities In Br...

Delio secures £3.3mn VC investment, eyes scale-up
Venture Capital
August 14, 2019

Delio secures £3.3mn VC investment, eyes scale-up

Welsh FinTech Delio has received £3.3mn in venture capital investment. In brief: D...

Venture Capital
January 15, 2020

Venture Capital Funding Report Q4 2019

PwC and CB Insights' Q4 2019 MoneyTree report highlights the latest trends in venture capital fu...

Venture Capital
December 11, 2019

Global Financial Services CVC Report

We look at global investment trends and activity over the last 6 years by CVC funds that fall into t...

Venture Capital
July 22, 2019

What job titles mean in venture capital, and how to navigate them.

Venture Capital can be an opaque industry. Everyone can read about investments and exits, but few ar...

There are no Events in this category