The fintech revolution is now becoming reality. The global fintech sector continues to accelerate in investment and exit activity, with the UK positioning itself as a key hub for fintech.
Silicon Valley Bank's 2015 fintech report, Investment Trends in Fintech, addresses the breadth and depth of investments in the fintech sector.
The report highlights the global and UK specific investment trends in fintech 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 key findings of the report were:
- Fintech investment is on the rise with spikes in deals in Q2 and Q4 of 2014
- Q4 of 2014 was the busiest quarter of the last 5 years in fintech, with 214 deals taking place globally
- $3.1 billion was invested into the fintech sector in Q4 of 2014 across the 214 deals
At Silicon Valley Bank, we recognise the importance of fintech in the UK and are proud to provide banking and lending to innovative fintech businesses, as well as adopting some of their solutions to help better serve our clients.