The appetite is still strong for foreign investment in British financial-technology companies despite uncertainty over Brexit.
Fintech companies setting up shop in the UK looks set to continue as over half of investment comes from overseas Hermione Hodgson Over half a billion dollars were poured into British financial technology companies in the first half of 2017, over a third more than the same period last year, trade body Innovate Finance said on Wednesday, in the latest sign the fast-growing sector is so far weathering Brexit. UK-based fintech startups pulled in $564m (£433m) of venture capital investment in the first six months of the year, more than half of which came from outside Britain. That was up 37 per cent from the first half of 2016, and put Britain in third place globally for fintech investment, behind the United States and China.
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