Fintech is a phenomenon. Just as with other sectors, the tentacles of technology have coiled their way into the financial services industry and traditional firms are feeling the squeeze. Dealmaking in the sector shows no sign of letting up. Research from the consultancy firm KPMG suggests global fintech M&A during 2017 was up sharply compared […]
Fintech founders pessimistic about UK’s post-Brexit prospects
As Brexit looms, UK fintech founders are pessimistic about the country’s ability to remain a world leader in the field, according to a survey from the Digital Finance Forum. Of 50 financial technology company founders surveyed by the Digital Finance Forum, 63% say the UK is the global leader in fintech. However, only 33% are […]
The FinTech bubble: Euphoria surrounds $1 billion Swiss ‘unicorn’ but there is no profit
The million dollar, or perhaps in this particular context, billion dollar question is, how can the new FinTech challengers become highly capitalized entities that are able to gain huge venture capital investment when there is no track record and no sign of profit? In the financial technology sector, today’s massively high profile new startups which […]
As London’s trading FinTech rockets ahead, investment in APAC fintech down in H1 2019
The new wave of FinTech companies that have begun to produce high profile alternatives to traditional banks and electronic financial services companies have absolutely captured the limelight over the past two to three years, resulting in a dynamic which is very unusual in the financial sector, that being vast investment from venture capital funds into […]
Curve launches first crowdfunding campaign
Curve, the over-the-top banking platform which consolidates multiple cards and accounts into one smart card and one even smarter app, is launching a seven figure crowdfunding campaign this September. Curve is valued at a quarter of a billion dollars which positions the company firmly amongst the UK’s most exciting scaleups; Transferwise, Monzo, Revolut and Starling, and has raised over […]
Global fintech investment doubles to €43 billion in 2018
FinTech funding has continued to boom in the UK, with the country seeing investment in the sector at the start of 2019 almost doubling on the levels seen over the first six months of 2018. The global FinTech sector could be set to see falling interest, however, following declines in both volume and value. As […]