FinTech encompasses any technology-enabled innovation that results in new business models, processes or applications within the financial services sector.

Currently the UK has more than 1,600 FinTech firms located here and it is expected this will more than double by 2030. In 2019, the revenue by FinTech firms in the UK nearly doubled since 2016, reaching £11bn and highlighting the market growth opportunities for FinTech in the UK.

The sector proposition outlines twelve opportunities within FinTech such as Paytech, Regtech, InsurTech, Cyber-security and more alongside the regional strengths of FinTech across the UK.