About FinTech sector in Birmingham, United Kingdom
The FinTech sector in Birmingham, United Kingdom comprises 164 companies, including 21 funded companies having collectively raised $75.5M in venture capital money and private equity. Out of these, 10 are Series A+ funded.
FinTech sector in Birmingham, United Kingdom has seen 9 acquisitions. This represents almost 5.5% of all such companies - which is higher than the 5.0% exit rate of tech companies in general.
This sector includes companies offering tech-enabled financial services and IT infrastructure and software for offering and managing financial services.
FinTech sector is also known as BFSI Tech.
Companies providing tech solutions to provide financial services like lending, banking, fundraising, insurance, etc. Companies offering traditional financial services like Banks, NBFCs, Insurance Carriers, etc.
Key Metrics
Total Companies
Top Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
Acquisitions
Also known as
BFSI Tech
Top FinTech Companies in Birmingham, United Kingdom
There are 164 FinTech startups in Birmingham, United Kingdom which include Altras International, Oxygen Finance, Love Finance, National Debtline, Synapse Information. Out of these, 21 startups are funded, with 10 having secured Series A+ funding.
Over the past 10 years, an average of 10 new companies have been launched annually. Notably, several of these startups have been founded by alumni of University of Manchester and University of Oxford.
Here is the list of top FinTech startups in Birmingham, United Kingdom
Banking channel for cross-border money transfers. It allows users to send, receive, and make payments for goods and services globally. Features tools for calculating transaction costs, pricing lists, and tracking transactions. The application can be accessed on iOS and Android devices.
Key facts about Altras International
- Founded Year: 2002
- Location: Birmingham (United Kingdom)
- Stage: Funding Raised
- Tracxn Score: 46/100 What is this?
- Competitors Rank: 32 of 629 Competitors
Provider of early payment programs and public sector procurement insights. The organization facilitates early payments to suppliers and offers insights into public sector spending. It provides tools for managing procurement pipelines and identifying risks within the supplier base. The company delivers services related to procurement strategy and payment processing.
Key facts about Oxygen Finance
- Founded Year: 2010
- Location: Birmingham (United Kingdom)
- Stage: Funding Raised
- Investors: Kinled Holding and Ariadne Capital
- Tracxn Score: 44/100 What is this?
- Competitors Rank: 19 of 267 Competitors
3. Love Finance
An online lender providing business loans. It offers business loans with an automated application process. The platform provides solutions to small and medium-sized businesses.
Key facts about Love Finance
- Founded Year: 2015
- Location: Birmingham (United Kingdom)
- Stage: Funding Raised
- Investors: Paragon Bank and LGB & Co
- Latest Funding Round: Conventional Debt, Oct 01, 2025, $*****
- Tracxn Score: 42/100 What is this?
- Competitors Rank: 21 of 204 Competitors
National Debtline is a debt advicpry company which offers consultation services related to debt management, bankruptcy, budgeting etc.
Key facts about National Debtline
- Founded Year: 1987
- Location: Birmingham (United Kingdom)
- Stage: Unfunded
- Tracxn Score: 40/100 What is this?
- Competitors Rank: 11 of 249 Competitors
Synapse software is a cloud-based corporate performance management software provider. One of its main products is Cloud CFO, which enables the integration of financial data from multiple entities to create a unified, consolidated set of management or statutory accounts for group finance. Cloud CFO then automates the entire budgeting and forecasting process. Another product is the NanoApp, which is a cloud-based collaboration solution that allows multiple users, each with their own desktop spreadsheet, to maintain one consistent view of data by syncing it to Synapse's cloud database server.
Key facts about Synapse Information
- Founded Year: 2012
- Location: Birmingham (United Kingdom)
- Stage: Series A
- Total Funding till date: $2.45M
- Investors: British Business Bank, HSBC and 59 Others
- Latest Funding Round: Series A, Apr 23, 2018, $*****
- Tracxn Score: 40/100 What is this?
- Competitors Rank: 19 of 277 Competitors
Companies founded year-on-year in the FinTech sector in Birmingham
19 FinTech startups in Birmingham were founded in 2017 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | 1 |
2024 | 12 |
2023 | 9 |
2022 | 6 |
2021 | 12 |
2020 | 11 |
2019 | 16 |
2018 | 15 |
2017 | 19 |
Stage-wise distribution of FinTech sector companies in Birmingham
Out of the total 164 FinTech companies in Birmingham, 21 have secured funding. Among them, 10 have reached Series A or higher, and 9 to Series B or beyond.
Founded - 164
Funded - 21
Series A+ - 10
Series B+ - 9
Series C+ - 9
Company Stage | No. of companies |
|---|---|
Founded | 164 |
Funded | 21 |
Series A+ | 10 |
Series B+ | 9 |
Series C+ | 9 |
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Funding Trends in the FinTech sector in Birmingham
Total funding year-on-year in the FinTech sector in Birmingham
The FinTech sector in Birmingham saw a total funding of more than $75.5M in the last 10 years. The most amount of funding was in 2025 at more than $60.5M.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $60.5M |
2020 | - |
2019 | $325K |
2018 | $3.87M |
2017 | $442K |
Recent Funding Rounds in FinTech in Birmingham
In the year 2019, till April 2019, FinTech companies in Birmingham have raised $325K in equity funding across 1 round.
In the same period last year (i.e. till April 2018), FinTech companies in Birmingham had raised $1.68M across 1 round.
So, 2019 has seen a 80.66% drop in funding in FinTech companies in Birmingham as compared to 2018.
Here are some recent, important funding rounds in FinTech companies in Birmingham:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 5917 | Apr 24, 2019 | ||
Seed | 8994 | Oct 08, 2018 | ||
Seed | 9156 | Aug 13, 2018 | ||
Series A | 2934 | Apr 23, 2018 | - | |
Seed | 9673 | May 26, 2017 | - |
Top Investors in FinTech in Birmingham
Everywhere is the top investor in FinTech companies in Birmingham based on number of companies invested.
Here are some top investors in FinTech companies in Birmingham:
Investor | Location | Top Portfolio Companies |
|---|---|---|
New York City (United States) | - | |
Birmingham (United Kingdom) | - | |
Belfast (United Kingdom) | - | |
Camberley (United Kingdom) | - | |
Manchester (United Kingdom) | - |
M&A activity in FinTech sector in Birmingham
In the year 2023, till November 2023, 1 acquisition happened in FinTech sector in Birmingham.
Here are some recent, important acquisitions in FinTech sector in Birmingham:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Nov 20, 2023 | ||
Acqui-Hired | Aug 17, 2021 | ||
Business Acquisition | Feb 02, 2021 | ||
Acqui-Hired | Dec 17, 2020 | ||
Business Acquisition | Oct 12, 2020 |
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Acquisition trends in FinTech sector in Birmingham
Here are the acquisition trends in FinTech sector in Birmingham:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | - |
2023 | 1 |
2022 | - |
2021 | 2 |
2020 | 3 |
2019 | - |
2018 | - |
2017 | 1 |
Colleges which produce the most FinTech companies in Birmingham
Companies founded by alumni from top colleges in the FinTech in Birmingham
Most number of FinTech startups in Birmingham have been founded by alumni from University of Manchester and University of Oxford.
College | No. of companies |
|---|---|
University of Manchester | 1 |
University of Oxford | 1 |
Top News in FinTech in Birmingham
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Companies partner to launch PDP onboarding solutionAsset Servicing Times•Mar 10, 2023•Target, mypensionID, Bravura Solutions, Delta Financial Systems
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HSBC appoints Charles Li as new Asia wholesale business headThe Business Times•Jul 20, 2022•HSBC, Fortis Investment
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Power takes chair at consumer guidance firm GuiideDaily Business•Apr 01, 2022•Delta Financial Systems
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CRISIL partners with RiskBusiness to offer next-gen Governance, Risk and Compliance solutionsGlobalsecuritymag•Aug 10, 2021•CRISIL, RiskBusiness
