London has emerged over the last 15 years as a global leader in fintech. Our UK fintech sector receives more investment than any other country in the world, bar the United States, and more than all of the rest of Europe combined.
More importantly, it is our community of world-leading UK fintechs that are putting the consumer back at the heart of the industry, making financial services more inclusive, more democratic, more effective, and better for everyone. However, our international leadership must not be taken for granted, and we must continually push forward with driving an environment here in the UK that allows our most promising FinTech companies to grow, scale, and ultimately list here, for the benefit of both the sector and wider society - and the launch today of the Unicorn Council for UK FinTech (UCFT) by Innovate Finance marks a pivotal moment in cementing this leadership.
