1. World-class funding
Invest in your success: the average early-stage funding per start-up in London is $486k, while the global average is only $284k. £2.7bn+ of fintech VC has been raised in London in 2020 (up to September), more than New York, Berlin and Paris.
2. Extensive talent pool
Hire the best talent: London has more software developers than anywhere else in Europe, and 44,000 people working in fintech roles, which is handy for the 48,000 financial services and insurance companies operating in the city.
3. Diverse ecosystem
There are 2,183 fintech companies headquartered in London – the highest amount globally and more than New York and San Francisco. The capital is also home to more than 250 foreign banks and 233 languages are spoken in the city.
London will always be great for fintech because of its inherent strength as a finance hub and its cutting-edge attitude to tech.Fluidly
4. Extensive expertise
Ranked by Deloitte as the top city in the world for fintech, access serious industry expertise. London hosts 37% of global foreign exchange trading and is a global financial centre leading in providing professional services.
5. Modern consumers
Meet 10 million innovative consumers. Britain leads the world by per capita ecommerce spend. By 2026, it is predicted that cash will be used for just 21% of payments in the UK.
Use the filters in the map to discover the city's fintech scene. See the full list featured on the map [PDF].