One third of UK privately held companies valued at more than $1bn are FinTechs
In Brief
The UK has joined the US and China as the only nations to have more than 100 unicorns and 34 of those are FinTech companies
Collectively those 100 have raised nearly $32bn in VC investment.
So far in 2021, 13 UK tech unicorns have already been created, compared to 7 in the whole of 2020.
What does this mean?
The UK’s record high levels of tech and FinTech unicorn creation show the continued strength of the UK tech sector which has raised $14.5bn since the start of the year.
