UK FinTech Investment Increases

UK FinTech Investment Increases

By Veronica Glab, Head of Engagement, Innovate Finance

In the first half of 2022 total capital invested in FinTech globally reached $59 bn – flat year-on-year. The UK FinTech sector continues to grow with investment reaching $9.1bn – a 24% year-on-year increase from H1 2021.

The UK remains second globally in FinTech investment, behind the US.

On the back of a record-breaking 2021, the levels of investment in UK FinTech continue to increase despite global slowdown. Founders and enthusiasts were optimistic that FinTech investment would continue to hit previous records this year.

2022 has so far demonstrated that we continue to live in unprecedented times. Geopolitics have shown that tectonic shifts do not occur in a vacuum and the substantive reaction in the FinTech investment landscape is no exception.

Total capital invested in FinTech globally in the first half of 2022 reaches $59bn –  flat year-on-year – across 3,046 deals analysed.

The global slowdown in investments comes with some notable exceptions, mainly the UK, which has reported a 24% growth in FinTech investment compared to the first half of 2021. While these results pale in comparison to the 217% YoY growth of UK FinTech last year, the country maintains its strong position as the second in the world for the amount invested, more than the rest of Europe combined.

Overall, the US received the most investment in the first half of 2022, bringing in $25bn in FinTech capital, with the UK firmly in second place with $9.1bn, rounded off by India ($3.9bn), Germany ($2.4bn) and France ($2.3bn).

The rest of the report can be read here

Source: Innovate Finance

Related articles

  1. OPINION: How 'Robo' Advisors Will Change Wealth Management

    Clearstream plans to expand D7 offering to other countries.

  2. OPINION: Artificial, Yes. Intelligent? Maybe.

    The platform uses machine learning and AI to automate fixed income portfolio construction and management.

  3. Buy Side Forced to Review Collateral Arrangements

    As rates and volatility rise, the need to optimise the value of collateral is greater than ever.

  4. This opens the door for the delivery of the first live intraday repo market.

  5. Cloud-enabled infrastructure delivers a 10% performance improvement for participants.