Suhail Ahmad, MBA

Tech Investor & Entrepreneur | Founder AIx Group

UK FinTech Investment Flying High in 2019

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.

Read the article.