International investors have the UK high on their radar for a new round of post-Covid investment with Welsh tech and fintech firms in a position to secure growth finance, according to the Lord Mayor of London.
On an official visit to Wales, Vincent Keaveny, said the City of London and its exchanges needed to do more to back tech and growth firms, a shift which he said is being supported by a new regulatory landscape including the lowering of the percentage of shares required to be in public hands from a flotation from 25% to 10%.
On venture capital investment appetite Mr Keaveny said there was a correlation between where investors reside and where investments are made, but that was only part of the equation.
