What Price Brexit: How Will FinTech Be Affected?
WatersTechnology examines some of the key areas of capital markets technology that may be affected by the UK’s planned withdrawal from the European Union.
![brexit-shutterstock-417868516 brexit-shutterstock-417868516](/sites/default/files/styles/landscape_750_463/public/import/IMG/934/349934/brexit-shutterstock-417868516.jpeg.webp?h=1b75fe38&itok=IzrPiTRV)
London as a FinTech Hub
Last year investment in UK financial technology firms soared to a total of $901 million, increasing 35 percent on 2014's total, the lion's share of which was firmly focused on London. Everything was going to the plan laid out in 2014 by the Chancellor, George Osborne, who aimed to turn London into the world's capital for fintech.
The future looked rosy and the city was building a reputation as the centre of blockchain development, as numerous start-ups blossomed into being
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