Happy Wednesday!
In this section:
Investment in fintech booms as upstarts go mainstream
London fintech funding soars in first half of the year
The payments revolution: Fintech unwrapped 2.0
Why artificial intelligence still needs a human touch
Marshall Wace to make foray into investing in crypto sector
Investment in fintech booms as upstarts go mainstream.
Firms’ expansion plans and investors’ search for returns bring a blizzard of deals and listings.
An air of hype habitually surrounds the founders of startups and their venture-capital backers: everyone is an evangelist for their latest project. But even allowing for that zeal, something astonishing is going on in fintech. Much more money is pouring into it than usual.
London fintech funding soars in first half of the year.
Fintech companies based in London raised more funding from venture capital investors in the first six months of 2021 than in any other year, demonstrating the British capital's resilience as a hub for digital financial services post-Brexit.
Investors poured $5.3 billion into London fintech start-ups in the first half of the year, compared to $2.1 billion in the same period in 2020, new research from Dealroom and agency London & Partners found.
The payments revolution: Fintech unwrapped 2.0.
The payments revolution: fintech unwrapped 2.0 is a Sifted Intelligence report. It looks at the trends and start-ups powering change in the consumer payments sector.