UK FinTech Investment Flying High in 2019. That is according analysis by consultancy firm Accenture, which found that the UK attracted $2.6bn (£2.2bn) in the first half of this year, with the number of deals jumping 25% to 263.
However, total global investment fell 29% from $31.2bn to $22bn, largely because there were no giant deals like Ant Financial’s record $14bn transaction in 2018.
Discounting that deal, the researchers said that global investment would have climbed by around a quarter in the first half of 2019 compared to the same period last year.
UK FinTech Investment Flying High in 2019