KPMG: UK fintech investment drops to $5.9bn in H1 2023 – down 57% in a year
Total UK fintech investment dropped to $5.9bn in the first half of 2023, down 57% from $13.8 billion in the same period in 2022, says KPMG.
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Total UK fintech investment dropped to $5.9bn in the first half of 2023, down 57% from $13.8 billion in the same period in 2022, says KPMG.
KPMG analysis finds geopolitical tensions and tech challenges contributed to the fall in fintech investment – although British firms attracted more than half of European funding.
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