About FinTech sector in United Kingdom
The FinTech sector in United Kingdom comprises 20.3K companies, including 4.05K funded companies having collectively raised $124B in venture capital money and private equity. Out of these, 1.78K are Series A+ funded, and 39 have achieved unicorn status.
FinTech sector in United Kingdom has seen 986 acquisitions and 117 IPOs. This represents almost 5.4% of all such companies - which is higher than the 3.8% exit rate of tech companies in general.
This sector includes companies providing 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 are included in this sector. Companies offering traditional financial services like Banks, NBFCs, Insurance Carriers, etc are excluded.
Top FinTech Companies in United Kingdom
There are 20,276 FinTech startups in United Kingdom which include SumUp, Monzo, Blockchain, Revolut, GoCardless. Out of these, 4,051 startups are funded, with 1,775 having secured Series A+ funding, and 39 achieving unicorn status.
2026 has seen the creation of 321 FinTech startups in United Kingdom. Over the past 10 years, an average of 1,113 new companies have been launched annually. Notably, several of these startups have been founded by alumni of University of Cambridge, University of Oxford and Imperial College London.
Here is the list of top FinTech startups in United Kingdom
1. SumUp
Provider of card payment terminals and point of sale systems. These hardware and software tools facilitate transaction processing for merchants. The offerings include mobile card readers, self-service kiosks, and digital invoicing capabilities. Merchants utilize these tools to accept contactless payments and manage financial records. The system integrates with mobile applications to support business operations and order processing.
Key facts about SumUp
- Founded Year: 2012
- Location: Wilmington (United States)
- Stage: Series E
- Total Funding till date: $997M
- Investors: Bain Capital, Life.SREDA and 52 Others
- Latest Funding Round: Conventional Debt, May 19, 2025, $*****
- Tracxn Score: 84/100 What is this?
- Competitors Rank: 1 of 682 Competitors
2. Monzo
Provider of digital banking services including savings accounts and loans. This entity offers personal and business current accounts, credit products, and investment options. Customers manage finances through a mobile application that includes tools for budgeting, spending insights, and automated savings features. The service facilitates payments, transfers, and the management of pension funds. Security measures include card controls, biometric authentication, and transaction notifications. Additional offerings include insurance products and credit cards for personal use.
Key facts about Monzo
- Founded Year: 2015
- Location: United Kingdom
- Stage: Series I
- Total Funding till date: $2.37B
- Investors: Passion Capital, General Catalyst and 67 Others
- Latest Funding Round: Series I, Mar 20, 2025, $*****
- Tracxn Score: 84/100 What is this?
- Competitors Rank: 2 of 3,204 Competitors
3. Blockchain
App-based platform for exchange and trading solutions for cryptocurrency. It enables users to buy, sell, swap, hold, earn, and trade crypto. It also has a wallet where users can buy, sell, and swap cryptocurrencies like Bitcoin, Ethereum, Bitcoin Cash, Stellar, and ALGO. It also allows users to transfer cryptocurrencies to interest accounts where users can earn interest. It is available on iOS and Android devices.
Key facts about Blockchain
- Founded Year: 2011
- Location: London (United Kingdom)
- Stage: Series E
- Total Funding till date: $700M
- Investors: Lightspeed Venture Partners, Lakestar and 29 Others
- Latest Funding Round: Series E, Nov 14, 2023, $*****
- Tracxn Score: 83/100 What is this?
- Competitors Rank: 2 of 5,444 Competitors
4. Revolut
Provider of financial services and digital banking solutions. This platform offers a range of tools for managing money, including currency exchange, international transfers, and budgeting features. Users can access various accounts to track spending, save funds, and perform transactions through a secure digital interface.
Key facts about Revolut
- Founded Year: 2015
- Location: London (United Kingdom)
- Stage: Series E
- Total Funding till date: $1.73B
- Investors: Balderton Capital, TSG Consumer Partners and 149 Others
- Latest Funding Round: Series E, Aug 09, 2021, $*****
- Tracxn Score: 83/100 What is this?
- Competitors Rank: 8 of 3,204 Competitors
5. GoCardless
Provider of automated bank payment collection and recurring billing services. This service enables businesses to pull payments directly from customer bank accounts. It supports one-off invoice payments and recurring billing cycles for subscriptions or installments. The system integrates with accounting software to facilitate automatic reconciliation of financial records. It includes functionality for managing failed payment retries and processing international transactions through bank networks.
Key facts about GoCardless
- Founded Year: 2011
- Location: London (United Kingdom)
- Stage: Acquired
- Total Funding till date: $540M
- Investors: Bain Capital Ventures, Notion Capital and 27 Others
- Latest Funding Round: Series G, Feb 08, 2022, $*****
- Tracxn Score: 81/100 What is this?
- Competitors Rank: 1 of 186 Competitors
Companies founded year-on-year in the FinTech sector in United Kingdom
321 new startups have been founded so far in 2026 in the FinTech sector in United Kingdom. 1,696 FinTech startups in United Kingdom were founded in 2021 - 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 | 321 |
2025 | 403 |
2024 | 781 |
2023 | 1,047 |
2022 | 1,087 |
2021 | 1,696 |
2020 | 1,494 |
2019 | 1,466 |
2018 | 1,634 |
2017 | 1,209 |
Stage-wise distribution of FinTech sector companies in United Kingdom
Out of the total 20,276 FinTech companies in United Kingdom, 4,051 have secured funding. Among them, 1,775 have reached Series A or higher, and 1,396 to Series B or beyond.
Founded - 20,276
Funded - 4,051
Series A+ - 1,775
Series B+ - 1,396
Series C+ - 1,251
Company Stage | No. of companies |
|---|---|
Founded | 20,276 |
Funded | 4,051 |
Series A+ | 1,775 |
Series B+ | 1,396 |
Series C+ | 1,251 |
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Funding Trends in the FinTech sector in United Kingdom
Total funding year-on-year in the FinTech sector in United Kingdom
The FinTech sector in United Kingdom saw a total funding of more than $113B in the last 10 years. The most amount of funding was in 2021 at more than $20.7B. There has been a total funding of $4.78B in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $4.78B |
2025 | $12.8B |
2024 | $11.4B |
2023 | $14B |
2022 | $18.2B |
2021 | $20.7B |
2020 | $7.61B |
2019 | $10.8B |
2018 | $7.11B |
2017 | $5.44B |
Recent Funding Rounds in FinTech in United Kingdom
In the year 2026, till October 2026, FinTech companies in United Kingdom have raised $2.67B in equity funding across 141 rounds.
In the same period last year (i.e. till October 2025), FinTech companies in United Kingdom had raised $3.27B across 203 rounds.
So, 2026 has seen a 18.27% drop in funding in FinTech companies in United Kingdom as compared to 2025.
Here are some recent, important funding rounds in FinTech companies in United Kingdom:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
PE | 6933 | Oct 28, 2026 | - | |
Seed | 9497 | Oct 26, 2026 | ||
Series B | 2055 | Oct 26, 2026 | and 5 more | |
Series C | 2855 | Oct 22, 2026 | ||
Series A | 9681 | Oct 21, 2026 |
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Top Investors in FinTech in United Kingdom
Plug and Play Tech Center is the top investor in FinTech companies in United Kingdom based on number of companies invested.
Here are some top investors in FinTech companies in United Kingdom:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Sunnyvale (United States) | ||
Palo Alto (United States) | ||
Menlo Park (United States) | ||
Cambridge (United States) | ||
London (United Kingdom) |
M&A activity in FinTech sector in United Kingdom
In the year 2026, till October 2026, 63 acquisitions happened in FinTech sector in United Kingdom. Last year, in 2025, a total of 108 acquisitions happened in FinTech sector in United Kingdom.
Here are some recent, important acquisitions in FinTech sector in United Kingdom:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Oct 27, 2026 | ||
Business Acquisition | Oct 23, 2026 | ||
Business Acquisition | Oct 21, 2026 | ||
Business Acquisition | Oct 20, 2026 | ||
Business Acquisition | Oct 06, 2026 |
Acquisition trends in FinTech sector in United Kingdom
Here are the acquisition trends in FinTech sector in United Kingdom:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 63 |
2025 | 108 |
2024 | 89 |
2023 | 81 |
2022 | 84 |
2021 | 127 |
2020 | 67 |
2019 | 78 |
2018 | 73 |
2017 | 71 |
IPOs in FinTech in United Kingdom
In the year 2026, till September 2026, 1 IPO happened in FinTech sector in United Kingdom.
Here are some recent, important IPOs in FinTech sector in United Kingdom:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Sep 01, 2026 | Canadian Securities Exchange (CSE) | |
Jan 22, 2025 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Apr 25, 2024 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Sep 15, 2023 | OTC Markets (OTCMKTS) | |
Jul 31, 2023 | Frankfurt Stock Exchange (FRA) |
Colleges which produce the most FinTech companies in United Kingdom
Companies founded by alumni from top colleges in the FinTech in United Kingdom
Most number of FinTech startups in United Kingdom have been founded by alumni from University of Cambridge, University of Oxford and Imperial College London.
College | No. of companies |
|---|---|
University of Cambridge | 165 |
University of Oxford | 156 |
Imperial College London | 91 |
London School of Economics and Political Science | 87 |
University College London | 72 |
London Business School (LBS) | 67 |
INSEAD | 44 |
University of Manchester | 40 |
University of Warwick | 38 |
Harvard University | 32 |
Total funding in FinTech companies founded by alumni from top colleges in United Kingdom
In the last 10 years, University of Cambridge graduates' FinTech companies in United Kingdom have raised the most funding among top colleges. London School of Economics and Political Science alumni are second, and University of Oxford alumni are third.
College | Total Funding |
|---|---|
University of Cambridge | $11.3B |
London School of Economics and Political Science | $10.9B |
University of Oxford | $10.2B |
INSEAD | $6.21B |
University of Edinburgh | $6.09B |
Stanford University | $5.13B |
Harvard University | $4.69B |
Imperial College London | $4.56B |
Stanford Business School | $4.36B |
University College London | $2.49B |
Top News in FinTech in United Kingdom
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Revolut partners with Just Eat for one-click payments and rewards in UK and IrelandBusinessplus•Oct 28, 2026•Just Eat Takeaway, Revolut
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Insurwave Relaunches Dynamic Risk Platform with AI-Powered UpdatesReinsurance News•Oct 28, 2026•Insurwave
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Premialab Integrates Marex's Institutional Crypto Indices, Expanding Digital Asset CoveragePR Newswire•Oct 26, 2026•Marex, PremiaLab
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Chelsea FC Announces Multi-Year Sleeve Partnership with Sokin Business PaymentsPR Newswire•Oct 24, 2026•Chelsea FC, Sokin
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Debenhams Group launches Daily Advance service for marketplace sellersDirect Commerce•Oct 20, 2026•Debenhams, Storfund
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Kensington Mortgages Completes Major Servicing Migration, Enhancing Digital Future with Sabio PartnershipGlobal Fintech Series•Oct 13, 2026•Kensington Mortgages
