Barclays Bets Big on Fintech in UK Despite Brexit Fallout

[kreslik.news]

At a time when other lenders are eyeing a succinct exit from the UK, Barclays is looking to shore up at least one segment of its operations in London, strengthening its fintech capabilities in the capital. The group’s fintech arm, Rise, is also looking to dramatically expand its operations.

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Indeed, the mood in the UK may be doom and gloom for the banking sector, though opinions surrounding the fintech space are much more optimistic. London has already to date seen a massive influx in fintech spending and investments, with Barclays being the ... (read more)