Trending this month



Showing posts with label social media UK. Show all posts
Showing posts with label social media UK. Show all posts

August 22, 2015

UK Fintech industry to exceed £20billion ,growing at 18%





FINANCIAL ANALYSIS AND BIG DATA



"The UK  Fintech market is worth  £20bn  with a  18% growth rateThe UK  Fintech market is  worth c. £20bn in annual revenue which is growing at 18% presently. According the latest findings by  Ernst and Young ( summarized in chart above )  shows the state of the UK  Fintech market sizes across the 4 verticals

  1.  Payments  Space (c. £10bn), 
  2. Software (c. £4.2bn),
  3.  Data and Analytics (c. £3.8bn) and 
  4. Platforms (c. £2.0bn).
    Meanwhile the  highest growth areas  across Fintch industry has been across peer-to-peer platforms, online payments and the data and analytics products (credit reference, capital markets and insurance) which together represent . 60% of the sector.