FinTech valuations are cooling: accelerator

Fintech comes in many forms. It might be a robo advisor that automatically rebalances your portfolio, or an app that approves a microloan for your new business, or a money transfer overseas using blockchain technology. But according to Ben Brabyn of Level39, Europe’s largest technology accelerator for finance, there has been a recent cooling of exuberance around fintech. Still, he credits the ‘superhero’ of fintech in London – the Financial Conduct Authority – for helping to create a fintech hub. Read more: Bloomberg.com