The UK government has announced that it plans to promote financial technology in a bigger way and has committed to a yearly investment of £500,000 ($620,000) into fintech companies.
The government is also reportedly gearing up for the launch of a network of regional fintech envoys in an attempt to boost the country’s status as a fintech leader and has commissioned a yearly study of the UK fintech market, incorporating key metrics required by investors. Read more: www.fintechmagnate.com
