Investors splash the cash on British fintech startups

Chatsworth was the first PR agency to focus on fintech. We have been building fintech reputations for 20 years, steering start-ups through launch, growth and onto corporate action, and protecting and enhancing established infrastructures.

And our sector is booming. Heartening news this month with reports that global investors poured money into the UK’s fintech sector last year, almost doubling the amount invested here between 2018 and 2019 — despite the rest of the world suffering a slight downturn in funding.

British fintech companies attracted USD 48.5bn (£37.4bn) of investment in 2019, up 91 per cent from USD 25.4bn a year earlier. Data released by KPMG also revealed the number of deals in the UK reached a six-year high, defying the amount invested globally where overall fintech fundraising fell just short of 2018’s record at USD 135.7bn.

Across Europe, the UK accounted for half of the top 10 deals and netted more than 80 per cent of the continent’s record-setting total of USD 58bn.

Read more here.