TLDR: Innovate Finance, the UK fintech industry body, has released a report on fintech investment in 2023, finding that global investment dropped by 48% compared to the previous year. However, a panel hosted by Innovate Finance and the City of London Corporation discussed why 2024 could be different for UK fintech. The panel highlighted that the UK retains its position as the second-largest fintech market, after the US, with $5.1 billion in investment in 2023. The panel also discussed the companies that thrived in 2023 and predicted future trends for 2024, including increased mergers and acquisitions.
UK Fintech Investment: A Glimpse into the Future
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PriyaPatel
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