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UK fintech investment set for record-breaking year in 2017
Concentration of financial service players in a tight geography seems to help
Add BT as a preferred sourcePublished Thu, Oct 19, 2017 · 09:50 PM
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London
BRITISH fintech companies are expected to see record-breaking investment this year and to far outstrip their European competitors, data showed on Thursday, adding to signs that Brexit is so far having no big impact on the fast-growing sector.
Financial technology firms have been chipping away at traditional banking by offering services ranging from mobile payment apps to digital currencies like bitcoin, and the government regards the sector as a key source of growth.
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