London overtakes New York for FinTech investment

September 23, 2019 | FinTech
Written by FinTech Alliance

Tags

London
London overtakes New York for FinTech investment

New research has shown London has attracted the largest number of FinTech fundraising deals in 2019.

In Brief:

  • A total of 114 deals have taken place in London’s FinTech sector this year.

  • The deals were worth a total of $2.1bn.

  • San Francisco still took the most money with $3bn raised, but from just 80 deals.

What does this mean?

London raised $200mn more than New York, with those cities followed by Belgium and Stockholm. However, the US as a whole is still the biggest FinTech market in the world.

Read more here.

 

 

More in FinTech

BNP Paribas buys FinTech stake
FinTech
November 20, 2019

BNP Paribas buys FinTech stake

BNP Paribas Securities Services has reportedly bought a stake in a FinTech firm. In Brief:...

Tyro Payments seeks A$250mn in IPO
FinTech
November 20, 2019

Tyro Payments seeks A$250mn in IPO

Australian FinTech Tyro Payments is looking to raise £132mn (A$250) in its Australian Securiti...

Irish FinTech Siren gains $10mn
FinTech
November 18, 2019

Irish FinTech Siren gains $10mn

Investigative intelligence platform Siren has secured $10mn in Series A funding. In Brief:...

FinTech
November 19, 2019

Global FinTech Report Q3 2019

Summary of findings Q3’19 fintech funding topped $8.9B, a quarterly record when adjusting f...

FinTech
November 07, 2019

The United States Of Fintech Startups

Fintech startups across 35 US states are transforming payments, investing, insurance, and more.

FinTech
November 01, 2019

Q3 2019 Rise FinTech Report

Welcome to the third edition of the Rise FinTech report. In this edition, we focus on the evolvin...

FinTech Legal Labs, powered by Ashurst

FinTech Legal Labs, powered by Ashurst

When: Nov 20th - Nov 22nd, 2019
Where: Ashurst LLP, London
Price: FREE
Growth in Financial Technology entrepreneurship

Growth in Financial Technology entrepreneurship

When: Nov 26th, 2019
Where: Clore LT, Huxley, London
Price: FREE
Managing and Innovating the use of Apple in Fintech

Managing and Innovating the use of Apple in Fintech

When: Nov 28th, 2019
Where: Funding Circle, London
Price: FREE