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Investors shrugged off Brexit and coronavirus uncertainty and backed 376 FinTech rounds in the UK last year
The majority of over-55’s are looking for alternatives to lending options after expressing concern over existing products, according to a study from free2.
FinTech deal activity in Q2 hit a five-quarter low as deal pipelines are drying up and investors taking a more cautious approach due to economic uncertainty.
From challenger banks to stock trading apps, the last week has seen a smattering of both massive funding rounds and smaller seed investments.
Free2, a financial services platform aimed at helping over 55s, has received a £200m securitisation facility from NatWest Markets to help the FinTech issue customer loans.