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The U.K. FinTech market had a strong showing in 2018, with venture capital and private equity investments hitting $3.3 billion.
According to Innovate Finance, that marked an 18 percent year-over-year gain. In a press release, the industry trade group said that private equity investments in U.K. FinTech startups increased 57 percent to $1.6 billion in 2018. Meanwhile, venture capital investments were $1.7 billion. Innovate Finance said the money is coming as the U.K. FinTechs enter a new stage of growth ahead of rivals across Europe.
“It is very encouraging to see that investment continues to grow in the U.K. FinTech sector, reaffirming its position as a leading global financial and technology center,” said Charlotte Crosswell, chief
Read full article » https://www.pymnts.com/news/fintech-investments/2019/uk-fintech-vc-pe-investments/
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