The mood music was upbeat at this week’s Innovate Finance Global Summit at London’s Guildhall, as fintech companies gathered to discuss the new opportunities in generative AI, open banking and digital assets.
While the UK cannot compete with Silicon Valley as a global centre of technology innovation, it is home to several fintech unicorns and has attracted founders and engineers from around the world.
The number being repeated all around the conference was that $5 billion of investment flowed into UK fintech last year, a tough year for fundraising.
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