London overtakes New York for FinTech investment

September 23, 2019 | FinTech

Written by FinTech Alliance

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.

 

 

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