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UK fintech investment down 56% in 2022

The City Of London In The Mist
Photo: Getty Images

Fall comes alongside drop in global investment, but confidence in strength of UK sector remains.

The UK remains a global leader in the fintech space despite a big year-on-year drop in investment, the new Pulse of Fintech H2’22 report from KPMG shows. Higher interest rates, inflation and dampened investor appetite are the most likely causes of the fall.

Investment in the UK fintech sector peaked