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London fintech funding soars in first half of the year Toggle share menu
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London fintech funding soars in first half of the year
The City of London financial district is seen with office skyscrapers commonly known as Cheesegrater , Gherkin and Walkie Talkie seen in London, Britain, on Jan 25, 2018. (Photo: REUTERS/Toby Melville)
08 Jul 2021 07:25AM (Updated:
08 Jul 2021 08:02AM) Share this content
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LONDON: Fintech companies based in London raised more funding from venture capital investors in the first six months of 2021 than in any other year, demonstrating the British capital s resilience as a hub for digital financial services post-Brexit.
Investors poured US$5.3 billion into London fintech startups in the first half of the year, compared to US$2.1 billion in the same period in 2020, new research from Dealroom and agency London & Partners found.