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