UK businesses

London Named as Top City for Fintech Businesses

Three quarters of businesses in financial technology say London is better in terms of infrastructure, access to talent and geographical position The majority (75.6%) of financial technology (fintech) companies believe London is the best place to launch and grow a financial company followed by Edinburgh (37%) and Manchester (26%), according to a recent survey by communications group Seven Hills. London beat infamous business hubs like San Francisco and New York in terms of financial services (81%), access to talent (72%) and geographical position (68%). Respondents of the survey also highlighted key sectors that would grow within the fintech industry with 39% considering mobile payment to be the fastest growing sector, shadowed by peer-to-peer lending at 26%. The survey was released by Seve... »