UK’s cash-strapped fintechs brace for buyouts as London IPOs stall Fintech Amid a dearth of IPO activity, the UK's fintech sector is bracing for more consolidation as successful start-ups expand and established players fend off future rivals.
Lendinvest: Fintech lands £500m investment from JPMorgan Banking Property fintech Lendinvest has added £500m to a funding deal with JPMorgan as it looks to return to profitability after a rough year for mortgage lenders.
UK fintech investment almost triples in first half of 2024 as sector outperforms Europe Fintech Investment in the UK's fintech sector almost tripled in the first half of 2024, new data shows, as a slew of major deals helped the country retain its title as the centre of European fintech funding.