Everything you need to know about the London Fintech Ecosystem

Share This Post

Share on facebook
Share on linkedin
Share on whatsapp
Share on twitter
Share on email

What distinguishes the London Fintech ecosystem from others?

The London Fintech ecosystem is widely recognized as one of the most established and rapidly developing finance and technology ecosystems. It is positioned within the world’s largest financial hub and contains some of the most innovative and recognizable Fintech startups, such as Transferwise, Monzo, and Funding Circle.
Moreover, London’s Fintech scene has been supported by a broader national movement, where from 2010 to 2016, Britain attracted US$5.4 billion in Fintech related investment out of a global amount of US$49.7 billion – more than any other area in Europe.
The primary factors which have served to both foster this strong reputation and distinguish the London Fintech ecosystem from others are multifold. London’s financial sector is uniquely located alongside a booming technology sector- something uncharacteristic of Silicon Valley, Route 128, or Wall Street. It also is housed within an environment with attractive investment incentives such as the Seed Enterprise Investment Scheme (SEIS), which provides initial income tax relief of 50% on start-up investments up to £100,000.
In combination with a diverse talent pool, active government support for foreign investment, and regulators progressively levelling the playing field between Fintech entrants and incumbent institutions, London has developed a blueprint for an innovative Fintech ecosystem unparalleled by any other.
This is giving rise to a new wave of innovative banking that is helping cement London’s place at the heart of the global Fintech industry.
In order to learn more of the elements and factors forming leading Fintech ecosystems like in London, you may be interested in taking CFTE’s Fintech Foundation course; Chapters 3 and 4 provide a comprehensive overview of current innovators in finance, where this innovation is occurring, and the methodology behind how it takes place. Other subjects covered in the course include challenger banks, blockchain & cryptocurrencies, payment systems and more.
Visit cfte.education/fintechcouse for more information, and subscribe to our free newsletters below for the latest developments in Fintech!
This is an updated version of a blog originally published 5th June 2018. Updated on January 3rd 2018.

15 Minutes Daily Lessons

Learn the skills of Fintech Today

Master Fintech, new business models and emerging technologies with Top CEOs, CIOs, Founders and Experts from Startling Bank, Kabbage, Citi, Arbor Ventures and many more.

More To Explore

Industry News

Frequently Asked Questions

The Centre for Finance, Technology & Entrepreneurship (CFTE) is a global education platform that aims to equip financial professionals and organisations with the necessary skills to remain competitive in a rapidly changing industry. Our leading training programmes, curated by global industry experts, help talent build skills to join the digital revolution in finance. CFTE’s courses are globally recognised with accreditations from ACT, IBF, CPD, SkillsFuture and ABS.

At CFTE, our mission resonates with every learner’s goals to rapidly advance in their career, to thrive in their next project or even to lead the disruption in finance with their own venture. To help you do this, CFTE gives you the tools you need to master the right skills in digital finance. We bring exclusive insights from leaders that are steering the developments in the financial sphere from global CEOs to disruptive entrepreneurs. With CFTE you don’t just learn what’s in the books, you live the experience by grasping real-world applications.

If you are looking for rich insights into how the Financial Technology arena is transforming from within, we can help you get the latest knowledge that will stir things up in your career. CFTE offers leading online programmes in digital finance, covering an expanse of topics like – Payments, AI, Open Banking, Platforms, Fintech, Intrapreneurship and more, that will help you conquer the financial technology landscape. With this expertise at your disposal, you will be on track to turbocharge your career.

You will be learning from a curated line-up of industry leaders, experts, and entrepreneurs hailing from Fortune 500 companies and Tech Unicorns, among others. They will each be presenting their knowledge and experience in the field of digital finance. No matter if you are embarking on a new journey or fortifying your role, these lecturers and guest experts will guide you through the perspective of established institutions like – Starling Bank, Wells Fargo, tech giants like – Google, IBM, successful startups such as – Kabbage or Plaid, among many more!