About FinTech sector in United Kingdom
The FinTech sector in United Kingdom comprises 18.9K companies, including 4.04K funded companies having collectively raised $114B in venture capital money and private equity. Out of these, 1.81K are Series A+ funded, and 37 have achieved unicorn status.
FinTech sector in United Kingdom has seen 984 acquisitions and 156 IPOs. This represents almost 6.0% of all such companies - which is higher than the 4.3% 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 18,937 FinTech startups in United Kingdom which include Wise, Monzo, Revolut, Blockchain, Starling Bank. Out of these, 4,044 startups are funded, with 1,806 having secured Series A+ funding, and 37 achieving unicorn status.
2026 has seen the creation of 227 FinTech startups in United Kingdom. Over the past 10 years, an average of 1,063 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. Wise
Provider of international money transfer and multi-currency. It offers secure, transparent, and cost-efficient cross-border payment solutions. It provides personal accounts, business accounts, multi-currency cards, and platform APIs that enable individuals, companies, and financial institutions to send, receive, hold, and convert money globally.
Key facts about Wise
- Founded Year: 2011
- Location: Shoreditch (United Kingdom)
- Stage: Public
- Total Funding till date: $397M
- Investors: Valar Ventures, Merian Global Investors and 103 Others
- Latest Funding Round: Venture Debt, May 19, 2021, $*****
- Tracxn Score: 86/100 What is this?
- Competitors Rank: 1 of 1,200 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: $2.41B
- Investors: General Catalyst, Passion Capital and 65 Others
- Latest Funding Round: Series I, Mar 20, 2025, $*****
- Tracxn Score: 84/100 What is this?
- Competitors Rank: 2 of 2,753 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, TSG Consumer Partners and 149 Others
- Latest Funding Round: Series E, Feb 18, 2025, $*****
- Tracxn Score: 82/100 What is this?
- Competitors Rank: 5 of 2,753 Competitors
4. 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: 82/100 What is this?
- Competitors Rank: 2 of 5,240 Competitors
Provider of digital banking services including savings and payment accounts. These services include personal and business current accounts, savings products, and tools for managing budgets and expenses. The platform enables users to track spending, categorize transactions, and automate bill payments. Additional features include virtual debit cards for specific spending categories and integrated accounting software for tax compliance. Deposits are protected through a government-backed compensation scheme.
Key facts about Starling Bank
- Founded Year: 2014
- Location: London (United Kingdom)
- Stage: Series D
- Total Funding till date: $1.01B
- Investors: Merian Global Investors, Goldman Sachs and 35 Others
- Latest Funding Round: Series D, Apr 21, 2022, $*****
- Tracxn Score: 82/100 What is this?
- Competitors Rank: 7 of 2,753 Competitors
Companies founded year-on-year in the FinTech sector in United Kingdom
227 new startups have been founded so far in 2026 in the FinTech sector in United Kingdom. 1,675 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 | 227 |
2025 | 263 |
2024 | 673 |
2023 | 1,022 |
2022 | 1,057 |
2021 | 1,675 |
2020 | 1,475 |
2019 | 1,435 |
2018 | 1,611 |
2017 | 1,194 |
Stage-wise distribution of FinTech sector companies in United Kingdom
Out of the total 18,937 FinTech companies in United Kingdom, 4,044 have secured funding. Among them, 1,806 have reached Series A or higher, and 1,431 to Series B or beyond.
Founded - 18,937
Funded - 4,044
Series A+ - 1,806
Series B+ - 1,431
Series C+ - 1,283
Company Stage | No. of companies |
|---|---|
Founded | 18,937 |
Funded | 4,044 |
Series A+ | 1,806 |
Series B+ | 1,431 |
Series C+ | 1,283 |
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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 $102B in the last 10 years. The most amount of funding was in 2021 at more than $19.8B. There has been a total funding of $3.46B in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $3.46B |
2025 | $8.5B |
2024 | $9.81B |
2023 | $13.7B |
2022 | $17.6B |
2021 | $19.8B |
2020 | $7.91B |
2019 | $8.96B |
2018 | $7.08B |
2017 | $5.53B |
Recent Funding Rounds in FinTech in United Kingdom
In the year 2026, till August 2026, FinTech companies in United Kingdom have raised $1.91B in equity funding across 111 rounds.
In the same period last year (i.e. till August 2025), FinTech companies in United Kingdom had raised $2.66B across 168 rounds.
So, 2026 has seen a 28.23% 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 | 8017 | Aug 27, 2026 | ||
Seed | 9073 | Aug 25, 2026 | ||
Seed | 5556 | Aug 18, 2026 | and 3 more | |
Series A | 4318 | Aug 17, 2026 | ||
Seed | 1128 | Aug 13, 2026 | - |
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 August 2026, 52 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 | Aug 14, 2026 | ||
Business Acquisition | Aug 05, 2026 | ||
Business Acquisition | Aug 01, 2026 | ||
Business Acquisition | Jul 27, 2026 | ||
Business Acquisition | Jul 23, 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 | 52 |
2025 | 108 |
2024 | 89 |
2023 | 82 |
2022 | 84 |
2021 | 129 |
2020 | 67 |
2019 | 79 |
2018 | 73 |
2017 | 72 |
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) | |
Sep 15, 2023 | OTC Markets (OTCMKTS) | |
Jul 31, 2023 | Frankfurt Stock Exchange (FRA) | |
Jul 14, 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 | 148 |
University of Oxford | 143 |
Imperial College London | 83 |
London School of Economics and Political Science | 74 |
University College London | 67 |
London Business School (LBS) | 58 |
INSEAD | 40 |
University of Manchester | 38 |
University of Warwick | 36 |
University of Edinburgh | 29 |
Total funding in FinTech companies founded by alumni from top colleges in United Kingdom
In the last 10 years, University of Oxford graduates' FinTech companies in United Kingdom have raised the most funding among top colleges. University of Cambridge alumni are second, and London School of Economics and Political Science alumni are third.
College | Total Funding |
|---|---|
University of Oxford | $9.8B |
University of Cambridge | $7.08B |
London School of Economics and Political Science | $6.65B |
INSEAD | $6.16B |
Imperial College London | $4.48B |
University of California (Berkeley) | $2.85B |
University College London | $2.48B |
University of Warwick | $2.28B |
University of Pennsylvania | $1.94B |
Wharton School | $1.94B |
Top News in FinTech in United Kingdom
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Paysafe and FastSpring Partner for Merchant of Record SolutionPYMNTS.com•Aug 27, 2026•FastSpring, Paysafe
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Paysafe: Getting Interesting, But It Will All Depend On Execution (NYSE:PSFE)Seeking Alpha•Aug 18, 2026•Paysafe
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Paysafe Non-GAAP EPS of $0.43 beats by $0.04, revenue of $447.44M beats by $0.46M (PSFE:NYSE)Seeking Alpha•Aug 13, 2026•Paysafe
