BFC Bulletins Monthly News Digest
In 2018, tech firms in London raised over GBP 1.8 billion in venture funding and public listings, higher than anywhere else in Europe and reinforcing London as a major destination for tech growth. Year after year, the FinTech cluster has remained London’s most attractive tech industry sector, accounting for GBP 1.0 billion in funding raised in 2018 and hosting over 90% of the United Kingdom’s financial startups. This has resulted in London attracting top talents and investment opportunities in new technologies. In short, London is poised to remain a strong technology player well into the foreseeable future, especially within the burgeoning FinTech sector.
