London continues to demonstrate its strengths in the financial and tech services after being named the world’s biggest centre for fintech funding reports London & Partners. Overtaking San Francisco and New York, the city raised £7.8bn in fintech venture capital funding since the start of 2022.
Prospering in areas like payment processing and online banking, the capital offers access to policy makers, regulators and financial institutions, making it a key spot for international investment. Recent data also reveals that London is considered the most successful place in Europe for employees of unicorn companies, with 27 of London’s unicorns producing 168 new ventures, the highest in Europe.