The UK’s Edge in Financial Technology Innovation


January 11, 2013

The UK has got to be one of the leading locations for banking and finance innovation. It is not our aim today to theorize why it is more entrepreneurially innovative in this sector than say Switzerland, for example, rather here’s a summary of some recent financings. In the first week of the New Year, iwoca raised GBP 2 million from Beyond Digital for its online merchant financing startup, according to PE Hub. Other startups that are attracting investors include Zopa, Funding Circle and Crowdcube, according to BBC Online.

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