New evaluation from Innovate Finance, revealed that in a backdrop of stabilised international fintech funding, UK fintech corporations proceed to outperform on core enterprise metrics.
The newest knowledge from the trade physique representing UK fintech, revealed that following a protracted interval of contraction, the worldwide fintech sector is stabilising – marking the tip of the “growth-at-all-costs mindset”.
The UK is now the third-largest fintech market globally with $1.5bn (£1.1bn) and 240 offers within the first half of the 12 months and first in Europe, forward of France and Germany mixed.
Evaluation within the report reveals that 11 of the UK’s most worthwhile fintechs, together with Atom, Revolut, and Clever, generated a mixed $3.3bn (£2.4bn) in income earlier than tax in 2024.
“Regardless of the broader market adjustment, it’s encouraging to see indicators of stabilisation and resilience, within the UK and throughout Europe,” mentioned Janine Hirt, chief govt of Innovate Finance (pictured).
“The UK fintech sector has confirmed its worth […] to retain our international lead nonetheless we have to proceed working with trade, authorities and regulators to enhance entry to progress capital and innovation.”
Within the first half of 2025, international fintech funding reached $24bn (£17.7bn) throughout 2,597 offers, a 6% improve on H2 2024.
For the primary time, the UAE is the second-largest fintech market globally, primarily because of the $2bn (£1.5bn) deal of Binance in March.
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