London to remain FinTech hub says Stripe boss

June 01, 2020 | FinTech

Written by FinTech Alliance

London to remain FinTech hub says Stripe boss

In an interview with The Telegraph, Matthew Henderson, Head of Product for EMEA, said London will remain the place to be for FinTech.

In Brief:

  • He said it will remain at the centre of investment for technology innovation in financial services.

  • This is despite factors like Coronavirus and Brexit.

  • He added Stripe has processed over $1bn transactions from new users since March.

What does this mean?

Henderson told the paper that Stripe has seen years’ worth of growth take place in just weeks as consumers go digital due to necessity throughout the Covid-19 crisis.

At the end of last year it was reported that London had overtaken New York as the city seeing the highest number of investment deals in FinTech.

 

Read more here.

 

https://www.telegraph.co.uk/technology/2020/06/01/stripe-boss-backs-london-remain-fintechs-global-hub/

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