Tag: UK
European PayTech investment declined over 80% in 2023 despite higher adoption
Key European PayTech investment stats in 2023:
• European PayTech companies raised a combined $1.5bn in 2023, a 81% drop from 2022
• European PayTech deal...
UK InsurTech funding doubled in 2023 defying global trends
UK InsurTech investment stats in 2023:
• UK InsurTech companies raised a combined $395m in 2023, a 43% increase from 2022
• UK InsurTech deal activity...
Kumari Bank taps Compass Plus to bolster payment processing capabilities
Nepalese commercial bank, Kumari Bank, has entered into a strategic partnership with Compass Plus Technologies to bolster its payments processing capabilities.
UK still dominate the top 10 FinTech deals in Europe amid...
2023 has seen a stark comparison to the previous year with no European FinTech deals reaching the $1bn mark, compared to two in 2022....
2023’s Top 10 FinTech deals in Europe were dominated by UK...
2023 has seen a stark comparison to the previous year with no European FinTech deals reaching the $1bn mark, compared to two in 2022....
UK dominates European InsurTech deals in 2023
Key European InsurTech investment stats in 2023:
• European InsurTech deal activity totalled at 126 deals in 2023, a 44% reduction from the previous year
•...
UK FinTech investment in Q4 2023 reaches $1.4bn more than previous...
Key UK FinTech investment stats in Q4 2023:
• UK FinTech deal activity totalled at 72 deals a 56% reduction from Q4 2022
• UK FinTech...
AXA UK&I welcomes Alain Zweibrucker as new CEO of AXA Retail
AXA UK & Ireland has named Alain Zweibrucker as the CEO of AXA Retail, effective 2 January 2024, pending regulatory approval.
Lithuanian FinTech PAYSTRAX launches in UK
Lithuanian FinTech PAYSTRAX has launched in the UK having received its Payment Institution License from the Financial Conduct Authority (FCA).
UK remains the leading FinTech hub in Europe amid investment slump...
Key European FinTech investment stats in Q3 2023:
· European FinTech deal activity reached 233 deals in Q3 2023, 56% drop YoY
· European FinTech companies...










