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Innovate Finance: The UK Retains European Fintech Investment Crown in 2020
January 20, 2021 @ 11:35 am By JD Alois
Innovate Finance has published a note regarding Fintech investment in the UK. According to their numbers, the UK retains its title as the top investment destination in Europe for Fintech firms at with $4.1 billion in venture capital and growth private equity invested across a total of 408 Fintech deals. London-based firms attracted 91% of capital invested in UK Fintech, receiving $3.8 billion across 310 deals, including Revolut, Molo, and Monzo.
Innovate Finance noted that female founders in the UK Fintech grew to $720 million in 2020, accounting for 17% of total investment – an increase from 11% of the total in 2019.