The financial technology (FinTech) scene in London is booming. A recent article from Business Insider cited that two startups in the capital are already worth $1 billion (£650 million), and the city is well on its way to becoming the leading light for European Fintech.
It’s also estimated that over 40% of London’s workforce is linked to the finance or technology industry, with this statistic continually rising as more FinTech companies set up shop in the capital.
It’s no wonder corporate giants are continually looking to invest in or buy out these start-ups.
The innovative, forward-thinking nature of these tech companies has cut out years of research and development for many old finance dinosaurs.
It’s cheaper, easier, and swerves a few regulations if the big corporations either buy out or invest a stake in a FinTech company from an early stage.
But as big as the industry is, many of the graduates that we speak to aren’t too clued up on what some of these companies do, and may not understand the benefits of working for them. Don’t worry – our graduates’ guide to FinTech will get you up to speed!