London still attracts over 82% of FinTech investment capital but a closer look at the data shows that other parts of the UK are making progress.
We had a closer look at the numbers and found that early-stage investments actually increased over the last three years.
Overall UK FinTech investments dropped by just over 15% last year
Investments in private UK FinTech companies dropped 15.4% last year from £1,113m in 2015 to £941m in 2016. Although this is a decrease over one year, the figure should be compared to the total of £622m in 2014, which shows that 2016 was still, relatively, a very strong year for UK FinTech.
Early-stage FinTech investments in the regions doubled over three years
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