UK Government Commits to Yearly £500,000 Investment in Fintech

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UK Government Commits to Yearly £500,000 Investment in Fintech

Postby kreslik.news » Wed Nov 23, 2016 9:26 pm


The UK government has announced that it plans to promote financial technology in a bigger way and has committed to a yearly investment of £500,000 ($620,000) into fintech companies.

The government is also reportedly gearing up for the launch of a network of regional fintech envoys in an attempt to boost the country’s status as a fintech leader and has commissioned a yearly study of the UK fintech market, incorporating key metrics required by investors.

Fintech Bridge

As reported by Finance Magnates, the UK struck a deal with Korea back in July to make it easier for each country to invest ... (read more)

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