“It is part of a greater push toward bridging the gap between companies and their customers that we have identified happening across the world since the annual report started in 2019, but which has accelerated in the last 12 months as a result of the pandemic driving more people to use digital finance,” Hardie noted.New York is currently the best city to live in in the world, according to a new study. “We have even seen fintech companies emerge in towns like Macclesfield, Ashford, Caerphilly and Inverness.” ![]() today the industry is seeing how investment in creating technology hubs in secondary cities is translating into the creation of thriving communities and viable companies. “The UK continues to be a major player in fintech, but unlike the larger finance sector it is moving away from being largely London-based,” said Findexable’s founder and CEO Simon Hardie. Birmingham entered the rankings at 123, Cardiff came close after at 127 and Newcastle upon Tyne at 155th. ![]() Growth in large English cities like Manchester and Birmingham is to be expected, according to the researchers, as is the presence of fintechs in cities near London like Cambridge and Brighton. Top fintech hubs across Europe (Source: Findexable)ĭespite London remaining Europe’s most important fintech space, a range of UK cities outside of London are developing into thriving fintech hubs, with the growth of what the report identifies as ‘tertiary hubs’ being promising.
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