The fintech revolution is now becoming a reality, according to a report by Silicon Valley Bank.
The “2015 Fintech Report: Investment Trends in Fintech” says that the sector continues to accelerate the investment and exit activities, with the UK positioning itself as a key place.
The document highlights the global and UK specific investment trends over the past five years and demonstrates the increasing evidence of London developing as a global hub, with fintech now being worth £20bn in revenue to the UK economy.
The investment activity is rising with peaks in deals in the fourth quarter of 2014 with $3.1 billion invested across the 214 deals.
Dowload the report here