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Evening Standard
Evening Standard
Business
Simon Hunt

London overtakes New York and San Francisco for fintech funding

London has attracted almost $10 billion (£7.8 billion) in fintech venture capital funding since the start of the year

(Picture: Shutterstock / Sven Hansche)

London has edged ahead of San Francisco and New York to become the world’s biggest centre for fintech investment, a new report reveals today.

London has attracted $9.5 billion (£7.8 billion) in fintech venture capital funding since the start of the year, according to data from Dealroom, finishing ahead of New York’s $7.8 billion and San Francisco’s $7.4 billion despite coming third behind both US cities in 2021.

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