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Showing posts with label charts fintech. Show all posts
Showing posts with label charts fintech. Show all posts

August 23, 2015

3 charts that show why London is emerging as number one fintech market




"THREE DRIVERS THATS LEADING UK TO EMERGE AS HE BIGGEST FINANCIAL TECHNOLOGIES MARKET "



The UK is among the most technologically advanced nation in terms has a large and sophisticated consumer base with world leading mobile and internet penetration.That besides UK is among top 3 financial capital of the world. Lonon generates approximately 20 per cent of the UK's GDP while the economy of the London metropolitan area—the largest in Europe—generates approximately 30 per cent of the UK's GDP 

 The UK is home to over 100 of Europe's 500 largest companies which have their headquarters in London. Over 70 per cent of the FTSE 100 are located within London's metropolitan area, and 75 per cent of Fortune 500 companies have offices in London.The UK market open minded to innovative products from new providers. London is one of the world’s largest financial institutions with 251 foreign banks and 588 foreign quoted companies.