Post Brexit has caused investors to question London's ability to maintain it's stance as one of the leading global fintech hubs. The result - neighboring European cities are flying in to London to basically "court" investors and financial firms, trying to convince them they they should be next to carry the "fintech crown". Some think Amsterdam, Some Berlin some Paris, Some think Dublin may be the most eligible city to wear the crown, as many large tech companies have their HQ situated there, but without a strong financial industry it's hard to see how that will play out.
The race is on between European cities including Frankfurt, Dublin and Paris for London's finance crown following the Brexit vote. Just a day after the vote result was announced last week, Ireland's foreign investment agency had already contacted more than a thousand investors letting them know the Emerald Isle is part of the European Union and will remain so, while offering assistance in moving staff over from the United Kingdom. Although this is all very premature as Article 50 is yet to be triggered and when it is, there will be up to two years of negotiations, these other major European cities are wasting no time in trying to hasten its downturn.
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