Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Business
Miles Brignall

UK-based financial tech firms won sevenfold funding rise last year to $37bn

United Kingdom KPMG London Europe Africa Middle East
Workers walk to work during the morning rush hour in the financial district of Canary Wharf in London
KPMG said five out of the 10 largest fintech deals in Europe, the Middle East and Africa were completed in the UK. Photograph: Eddie Keogh/Reuters

Investment in financial tech firms in the UK grew sevenfold last year to $37.3bn (£27.5bn), according to KPMG, with London attracting more fintech funding than the rest of Europe, the Middle East and Africa (EMEA) put together.

The investment total was boosted by 601 deals that were finalised in the UK in 2021, the financial services firm said, up from 470 the year before.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
UT Austin student heads for a ‘free matcha’ sign near campus. Then she sees whose building it is and covers her mouth
She nearly went in.
We Got This Covered
We Got This Covered
A$AP Rocky Makes Cheeky Rihanna Confession After Son Riot Joins Him on Stage
A$AP Rocky said his three-year-old son Riot 'stole' a moment during the rapper's Copenhagen tour performance, after Rihanna brought the toddler on stage at the Royal Arena.
International Business Times UK
International Business Times UK
For centuries, bird migration was a mystery – a tech revolution is changing that, and could help save these amazing creatures
For more than 2,000 years, scientists have scratched their heads over one of the most basic mysteries of the natural world: Where do birds go?
The Conversation
The Conversation
The Elizabeth Holmes Documentary You Can See Everything Is an Act of Radical Empathy
The high-concept documentary from Nathan Fielder and Lance Oppenheim offers surprising generosity to a Big Tech villain without fully excusing her crimes.
Reason
Reason
Women just want to work out in peace. Why all the thigh-rubbing lechery?
On Saturday Night Live last week, comedian Shane Gillis made a pathetic ‘joke’ about the clothes women wear to the gym. It was puerile – but also pernicious, writes Emma Beddington
The Guardian - UK
The Guardian - UK
‘He’s terrified, panicked, can’t sleep’: the tragic, lonely death of Beatles manager Brian Epstein
Spandau Ballet’s Gary Kemp paid £10k at auction for Epstein’s address book. He then used it to co-author a thrilling account of the swinging 60s – and an intimate portrait of a tormented man whose life was unravelling
The Guardian - UK
The Guardian - UK
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play