Deals in first half of year leave UK second in world behind US, as global fintech investment soars to $98bn

Britain’s investment in the financial technology industry has hit a new record, with almost £18bn worth of deals in the first half of this year, placing the UK second in the world behind the US.

London’s Square Mile continued to dominate Europe’s fintech sector, attracting investors from across the world who bought more than 280 of the UK’s most advanced digital financial companies.

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