TechBloomberg Tech1h ago
UK Fintech Funding Drops to Lowest Level in At Least a Decade
TL;DRUK fintech funding hit a 10-year low as investors chase AI startups instead.
Why it matters: Signals a major shift in venture capital priorities away from traditional financial tech innovation.
Investment in UK financial technology firms fell to the lowest level since at least 2016 in the first half of this year, as funders flock to companies tied to artificial intelligence and can show long-term growth.
Read full articleSource: Bloomberg Tech · Opens in new tab