London is the best place for fintech – despite Brexit

fintech

 

One of the country’s most influential VC investors and the Treasury’s special envoy for fintech Eileen Burbidge, told the audience at WIRED Money that she expects London’s fintech scene to continue to grow over the next few years.

She believed that part of London’s success is down to its time zone, conveniently placed between the US and Asia, and a regulatory system that recognises the need for. But there will be significant development in the next few years.

She expects to see a lot of investment opportunities in fintech companies that go beyond building consumer-facing apps and gets into the “unsexy bits” of banking – offering business-to-business solutions and innovating in the back-end.

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Tags: Britain London

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