21 January 2021

UK led Europe with £3bn FinTech investment in 2020 

Written By FinTech Alliance

UK led Europe with £3bn FinTech investment in 2020 

Despite the economic strains of Covid-19, FinTech companies in the UK saw £3bn investment last year.  

In Brief:  

  • £3bn was invested across 408 deals.  

  • This comes from a report by Innovate Finance.  

  • While the UK comes top in Europe, the US is ranked highest globally with around £16bn worth of deals.  

What does this mean?  

Global FinTech has risen by 14% in 2020, spurred on by the Covid-19 pandemic where other industries ground to a halt. Other top countries in Europe for investment were Germany and Sweden, but the UK accounted for just under half of all investment in the continent.  

Read more here.    

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