NEWS: Report finds Bristol & Bath is a UK hotspot for FinTech entrepreneurs

​New report says that the Bristol & Bath region has one of the strongest FinTech ecosystems in the UK, including a high number of fast-growing startups and scaleups.

The report says that Bristol and Bath regions have proportionally more firms active in the FinTech sector than any other region Whitecap has reviewed to date. The report also finds that:

• 28 of the 107 firms identified are FinTech startups and scaleups
• Bristol & Bath has a larger number of early stage FinTechs than areas with populations more than three or four times its size.
• the UK's South West has also had more participants than any other region outside London in the FCA’s regulatory sandbox. 

Co-authored by Whitecap’s Julian Wells, Director & FinTech Practice Lead, and Stuart Harrison, Associate Director for the South West, the report is the first formal analysis of the FinTech ecosystem in the region and was supported and co-funded by a number of organisations in the South West, including FinTech West, BJSS, Clarke Willmott, DAC Beachcroft, Hargreaves Lansdown, Invest Bristol & Bath (the inward investment arm of the West of England Combined Authority), TLT LLP, and University of the West of England (UWE). Forewords from Innovate Finance and TheCityUK.

Source: https://www.whitecapconsulting.co.uk/press-release/report-finds-bristol-bath-is-a-uk-hotspot-for-fintech-entrepreneurs/

Posted by Peter Oakes (www.peteroakes.com)
#FintechUK #UKFintech
See also www.UKFintech.com www.FintechIreland.com