About FinTech sector in United Kingdom
The FinTech sector in United Kingdom comprises 18.6K companies, including 4.08K funded companies having collectively raised $118B in venture capital money and private equity. Out of these, 1.83K are Series A+ funded, and 41 have achieved unicorn status.
FinTech sector in United Kingdom has seen 1K acquisitions and 152 IPOs. This represents almost 6.2% of all such companies - which is higher than the 4.8% 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 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 18,624 FinTech startups in United Kingdom which include Blockchain, Monzo, Revolut, Wise, Starling Bank. Out of these, 4,082 startups are funded, with 1,831 having secured Series A+ funding, and 41 achieving unicorn status.
2026 has seen the creation of 11 FinTech startups in United Kingdom. Over the past 10 years, an average of 1,021 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. 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: Acquired
- Total Funding till date: $700M
- Investors: Lightspeed Venture Partners, Kingsway Capital and 26 Others
- Latest Funding Round: Series E, Nov 14, 2023, $*****
- Tracxn Score: 85/100 What is this?
- Competitors Rank: 2 of 4,984 Competitors
2. Monzo
Provider of digital banking services including accounts payments, savings and investments. Offers mobile-based current accounts with debit cards, spending notifications, and budgeting tools that categorize transactions and separate funds into dedicated savings pots. Provides savings accounts, cash individual savings accounts, and investment features enabling users to allocate funds into investment options through the banking application. Offers credit products including credit cards and flexible payment options for purchases. Additional services include joint accounts, youth accounts managed by guardians, and business banking accounts for small enterprises. Platform also provides payment services, cashback programs with participating retailers, security controls such as card freezing and biometric login, and integrated tools for monitoring balances, managing transactions, and organizing personal finances.
Key facts about Monzo
- Founded Year: 2015
- Location: United Kingdom
- Stage: Series I
- Total Funding till date: $1.81B
- Investors: Passion Capital, General Catalyst and 63 Others
- Latest Funding Round: Series I, Mar 20, 2025, $*****
- Tracxn Score: 84/100 What is this?
- Competitors Rank: 3 of 2,691 Competitors
3. Revolut
Provider of banking solutions for retail customers and businesses. It provides users with a platform that offers a comprehensive suite of features designed to simplify financial management and enhance user experience.
Key facts about Revolut
- Founded Year: 2015
- Location: London (United Kingdom)
- Stage: Series E
- Total Funding till date: $1.99B
- Investors: Balderton Capital, TCV and 139 Others
- Latest Funding Round: Series E, Feb 18, 2025, $*****
- Tracxn Score: 83/100 What is this?
- Competitors Rank: 4 of 2,691 Competitors
4. Wise
Provider of multi-currency accounts, international money transfers, and card services. The platform facilitates sending and receiving funds across different currencies. It offers options for personal and business use, including tools for managing finances. The company provides solutions for individuals and enterprises to engage in international transactions.
Key facts about Wise
- Founded Year: 2011
- Location: Shoreditch (United Kingdom)
- Stage: Public
- Total Funding till date: $1.03B
- Investors: Lone Pine Capital, Valar Ventures and 116 Others
- Latest Funding Round: Venture Debt, May 19, 2021, $*****
- Tracxn Score: 83/100 What is this?
- Competitors Rank: 2 of 539 Competitors
Internet-first bank offering digital banking services for consumers and businesses. Its services include deposit accounts, money transfers, consumer and business loans, prepaid and corporate cards for online/offline purchases, bill payments, and more. The application is available on Android and iOS platforms.
Key facts about Starling Bank
- Founded Year: 2014
- Location: London (United Kingdom)
- Stage: Series D
- Total Funding till date: $1.06B
- Investors: Merian Global Investors, Goldman Sachs and 35 Others
- Latest Funding Round: Series D, Apr 21, 2022, $*****
- Tracxn Score: 83/100 What is this?
- Competitors Rank: 5 of 2,691 Competitors
Companies founded year-on-year in the FinTech sector in United Kingdom
11 new startups have been founded so far in 2026 in the FinTech sector in United Kingdom. 1,663 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 | 11 |
2025 | 158 |
2024 | 601 |
2023 | 994 |
2022 | 1,019 |
2021 | 1,663 |
2020 | 1,499 |
2019 | 1,445 |
2018 | 1,629 |
2017 | 1,192 |
Stage-wise distribution of FinTech sector companies in United Kingdom
Out of the total 18,624 FinTech companies in United Kingdom, 4,082 have secured funding. Among them, 1,831 have reached Series A or higher, and 1,454 to Series B or beyond.
Founded - 18,624
Funded - 4,082
Series A+ - 1,831
Series B+ - 1,454
Series C+ - 1,303
Company Stage | No. of companies |
|---|---|
Founded | 18,624 |
Funded | 4,082 |
Series A+ | 1,831 |
Series B+ | 1,454 |
Series C+ | 1,303 |
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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 $107B in the last 10 years. The most amount of funding was in 2021 at more than $21.2B. There has been a total funding of $1.1B in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $1.1B |
2025 | $7.82B |
2024 | $10.1B |
2023 | $14.7B |
2022 | $19.7B |
2021 | $21.2B |
2020 | $9.17B |
2019 | $10.2B |
2018 | $7.19B |
2017 | $5.98B |
Recent Funding Rounds in FinTech in United Kingdom
In the year 2026, till April 2026, FinTech companies in United Kingdom have raised $841M in equity funding across 52 rounds.
In the same period last year (i.e. till April 2025), FinTech companies in United Kingdom had raised $1.62B across 87 rounds.
So, 2026 has seen a 48.17% 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 |
|---|---|---|---|---|
Seed | 9618 | Apr 22, 2026 | - | |
Series C | 6763 | Apr 21, 2026 | and 1 more | |
Series A | 6839 | Apr 21, 2026 | ||
Seed | 8543 | Apr 20, 2026 | ||
Series A | 8003 | Apr 14, 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 April 2026, 25 acquisitions happened in FinTech sector in United Kingdom. Last year, in 2025, a total of 120 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 | Apr 14, 2026 | ||
Business Acquisition | Apr 09, 2026 | ||
Business Acquisition | Mar 31, 2026 | ||
Business Acquisition | Mar 17, 2026 | ||
Business Acquisition | Mar 12, 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 | 25 |
2025 | 120 |
2024 | 94 |
2023 | 88 |
2022 | 90 |
2021 | 129 |
2020 | 72 |
2019 | 81 |
2018 | 73 |
2017 | 74 |
IPOs in FinTech in United Kingdom
In the year 2025, till January 2025, 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 |
|---|---|---|
Jan 22, 2025 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Apr 25, 2024 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Mar 08, 2024 | London Stock Exchange (LSE) | |
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 | 199 |
University of Oxford | 190 |
Imperial College London | 103 |
London School of Economics and Political Science | 75 |
University College London | 61 |
London Business School (LBS) | 60 |
INSEAD | 57 |
University of Bristol | 54 |
University of Manchester | 50 |
University of Warwick | 48 |
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. University of Oxford alumni are second, and London School of Economics and Political Science alumni are third.
College | Total Funding |
|---|---|
University of Cambridge | $14.3B |
University of Oxford | $10.9B |
London School of Economics and Political Science | $10.2B |
INSEAD | $6.47B |
Stanford University | $5.44B |
University of Edinburgh | $5.44B |
IE Business School | $5.31B |
Stanford Business School | $5.01B |
Harvard University | $4.6B |
Imperial College London | $4.4B |
Top News in FinTech in United Kingdom
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Cytora and LexisNexis Risk Solutions Announce Strategic RelationshipMarTech Series•Apr 23, 2026•Cytora, LexisNexis
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BMLL integrates SpiderRock's US equity options analytics into its cloud research environment.Finance Magnates•Apr 23, 2026•BMLL, spideRRock
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Aldermore Increases Automated Lending Threshold to £250,000theintermediary.co.uk•Apr 22, 2026•Aldermore Bank
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Paysafe Introduces PaysafeWallet Digital Wallet for the Experience EconomyGlobal Fintech Series•Apr 22, 2026•Paysafe
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Cytora Expands Partnership with Arch Insurance to London Market BusinessFintech Finance•Apr 16, 2026•Cytora, Arch Insurance
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Global Fintech CLOWD9 and Sphere for Good to Embed Climate Action Into Everyday PaymentsFintech Finance•Apr 13, 2026•Sphere, CLOWD9
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RMS partners with GoCardless for direct bank payment solutions in anticipation of surcharge ban.Australian FinTech•Apr 13, 2026•GoCardless, RMS
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GoCardless Points to Commercial VRPs as the Fix for Failing Legacy Payments for UK BusinessesThe Fintech Times•Apr 11, 2026•GoCardless
