UK fintech funding fell 21% last year, hitting lowest since 2020
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Investment in UK fintech fell 21% last year to nearly US$11 billion, the lowest since 2020, as investors hesitated due to macroeconomic risks. A total of 418 deals were closed, down from 527 in 2024. Revolut's fundraising significantly contributed to the total, raising around US$4 billion. Despite the decline, UK fintech attracted more funding than several countries combined but lagged behind the US, which saw US$56.6 billion in funding. KPMG noted that while risks remain, stronger exit markets and innovation could support future investment.
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