New Contenders Emerge to Replace London as EU’s Fintech Hub
With London moving out of the European Union, Germany, Switzerland, Greece, and Lithuania emerge as potential fintech hubs of the future. London has so far been considered as the financial powerhouse of the European Union. With Britain, all set to separate from the EU following its Brexit vote, the position is now open for others to fill in. While Germany and Switzerland remain the most favored replacement for London, there are two unlikely contenders — Greece and Lithuania making a hard push to attract fintech and blockchain startups into their country. Since the announcement of Brexit,....
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Innovate Finance, the association of fintech and blockchain companies in London, UK to set up fintech hubs in Bahrain and the UAE. London had gained a reputation for being the financial hub of Europe. The capital of United Kingdom has been in the forefront of Fintech innovation, thanks to various initiatives in the past. But with Brexit, things are slowly falling apart. By moving away from the European Union, London has lost the charm of being the gateway to Europe for many companies. As the country becomes less attractive each day, other European nations are trying to replace it as the....
The German fintech sector expected to outperform other countries in the coming years. The European financial sector is witnessing a tectonic shift resulting in the relocation of continent’s fintech hub. Until now, London has been the financial hub of the entire continent. The United Kingdom boasted of housing some of the best fintech companies developing cutting edge products. However, Brexit has poured water over the country’s big plans. With Britain’s eventual exit from the European Union, the focus of fintech market has shifted from London to Berlin. The change is evident in the German....
Innovate Finance, a non-profit membership organization serving the UK's global FinTech community, has announced a strategic partnership with leading business association BritishAmerican Business. The collaborative initiative will connect FinTech startups in New York and London, allowing firms to expand their services and products with ease. "As the next wave of innovation in financial services begins to evolve, we are seeing London and New York emerge as the epicenters of collaboration between the incumbents and disruptors, between regulators and innovators, and investors and....
The number of fintech and cryptocurrency startups in Israel have increased in the past few years, strengthing the country's position in the sector. Israel has been one of the fastest growing startup hubs for a while, now the country is also making a place for itself in the financial technology map. The majority of startups in the Israeli startup ecosystem are now focused on fintech and blockchain technology. According to reports, the number of startups in the fintech sector has increased fourfold from 90 to 430 within a span of 7 years. The cryptocurrency industry has already seen a....
As London FinTech Week approaches — being held during September 2015 — Kevin Taylor, author of Fin Tech Law: A Guide to Technology in the Financial Services Industry that covers topics from Bitcoin to cybersecurity, will be available for interview, meeting or excerpt requests. The city of London is going to host FinTech Week this September to represent the thriving Fintech community. The organizers aim to unite the world of FinTech in the world’s financial capital and enhance the dialog between established multi-nationals and disruptive start-ups. They are also inviting the leaders of the....