London Stock Exchange Group and TheCityUK publish their first Finance for Fintech report
London Stock Exchange Group and TheCityUK publish their first Finance for Fintech report, revealing insights into the scale, ambitions and barriers to international growth facing global fintech companies. The independent survey, carried out by YouGov, interviewed more than 400 fintech companies across eight countries (Australia, Germany, Hong Kong, Israel, Singapore, Turkey, UK & USA), all of which have had at least Series A funding rounds or above.
The report will be launched at London Stock Exchange Group’s Fintech Investor Forum today and presented at TheCityUK Eurasia Fintech Forum. This is alongside HMT’s International Fintech Conference, forming part of Fintech Week taking place across the City of London.
Dr Robert Barnes, Global Head of Primary Markets and CEO Turquoise, London Stock Exchange Group:
“The cross-border ambitions of innovative fintechs are transforming the global financial services sector. But in order to thrive, these innovators need access to long term growth capital and a supportive global regulatory environment. The UK offers both. Today’s report shows that the UK is one of the top three global markets for fintechs considering raising finance and expanding internationally. UK-based fintechs overwhelmingly see the process of raising public market funding as most straightforward compared to peers.
“Sitting at the heart of UK’s financial ecosystem, London Stock Exchange Group is the natural funding partner to a sector that is reshaping the global financial services landscape. We are proud to support these businesses throughout their growth journeys, offering them access to deep liquid pools of international investor capital for the long-term.”