📈 The United Kingdom has launched a £1 billion ($1.27 billion) Fintech Growth Fund, backed by industry giants like Mastercard, Barclays, and the London Stock Exchange Group, to accelerate the scale-up of growth-stage fintech firms.

🔥 Targeting investments between £10 million and £100 million, the fund aims to solve the conundrum of UK-based fintech companies struggling to go public, often eying overseas listings. It’s part of a larger blueprint to establish the UK as a global fintech nerve center.

For insights into the fund’s first planned investment by year-end and expert opinions on why it’s a strategic moment in fintech history, tap into the full story via the link below. 👇🏻

Source of news

https://www.cnbc.com/2023/08/16/uk-launches-1-billion-fintech-growth-fund-to-compete-with-us.html