New report from KPMG shows UK's fintech investment has increased sevenfold in 2021- comment from OpenOcean

  • Tom Henriksson, General Partner at OpenOcean

  • 07.02.2022 03:00 pm
  • #KPMG #investment

Tom Henriksson, General Partner at OpenOcean, said: “These figures from KPMG underline that fintech is quickly becoming a globally recognised USP for the European economy. The meteoric rise of world-leading unicorns like Klarna, Wise, and Revolut has showcased Europe’s credentials to not only grow but scale such firms, totally redefining the delivery of financial services to customers.
“The UK is the beating heart of this European fintech success story. It offers investors an attractive mix of the old and the new: centuries of expertise in financial services in the City of London, combined with thriving start-up hubs and access to talent at world-leading universities.
“Technology innovation in fintech offers huge potential in the years ahead. As delivery of financial services becomes ever more tech-driven, KYC & AML will grow in importance as firms look to deliver a safe and streamlined experience for customers.”

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