RACONTEUR releases new report titled "UK Fintech"

UK Publisher of special interest content Raconteur.net releaded it report titled "UK Fintech" on 7 June 2016 online and with The Times print edition.

 

The report confirmed that the UK Fintech sector can be estimated tp be worth some £20 billion, and that the sector is now the UK’s fastest growing industry and London has become the fintech capital of the world.

 

A whole new wave of highly disruptive startups has forced established firms to rethink their business model and innovate before they are outpaced by emergent firms with greater agility. This report explores the blockchain revolution, and the innovative startups challenging financial services firms and inspiring collaboration between established firms and fintech newcomers.

 

KPMG and CB Insights publish research report "The Pulse of Fintech Q1 2016"

‘The Pulse of Fintech’ is a quarterly report created by KPMG Enterprise and KPMG Fintech in partnership with CB Insights was published in March 2016.  Given the significant interest in Fintech globally, and its ongoing evolution in terms of market drivers, technologies and potential use-cases, KPMG and CB Insights have partnered to publish the pulse of Fintech on VC investment globally.

 

The report is published quarterly and  highlights key Fintech deals, issues and challenges around the world, in addition to key trends and insights related to Fintech in key regions, including the North America, Asia and Europe.

 

The Q1 2016 report saw a big rebound in quarterly funding to the Fintech sector, with total investment in Fintech companies hitting US$5.7 billion. Globally, VC-backed Fintech companies drew $4.9 billion in funding, rising from just $1.9 billion in Q4-2015. Larger deals also spurred Fintech funding growth in Q1-2016. Q1-2016 saw 13 $50 million+ rounds to VC-backed Fintech companies, a slight rise from the 10 $50 million+ rounds in Q4-2015.

EY has produced a report that was commissioned by HM Treasury (UK) titled "UK FinTech On the cutting edge- An evaluation of the international FinTech sector".

EY has produced a report that was commissioned by HM Treasury (UK) with the objective to  compare the UK environment for FinTech against other leading FinTech hubs internationally.  The report is titled "UK FinTech On the cutting edge- An evaluation of the international FinTech sector".

 

Financial Technology – or FinTech – refers to the use of technology to provide financial services. Examples include payment services, alternative finance such as peer-to-peer platforms and digital currencies. Just as the UK is a leading financial services capital so we are also a leading FinTech capital. This report considers the UK environment for FinTech and compares it to the environment in other leading FinTech hubs (such as New York and California).
FinTech hubs are considered across four factors: access to skilled talent; investment in FinTech; government and regulatory policy; and demand.

Accenture research study: “The Future of Fintech and Banking: Digitally disrupted or reimagined?”

On 25 March 2015 Accenture released a research study titled “The Future of Fintech and Banking: Digitally disrupted or reimagined?”

The study confirms that global investment in financial-technology (fintech) ventures tripled from $4.05 billion in 2013 to $12.2 billion in 2014, with Europe being the fastest growing region in the world. The report also confirms that in 2014, fintech investment increased at more than three times the rate of overall venture capital investment. Further confirmed was that the US still captures the lion’s share of fintech investment, Europe experienced the highest growth rate, with an increase of 215% to $1.48 billion in 2014.

The UK and Ireland (UKI) accounted for more than two-fifths (42%) of the European total, as investment in the region rose from $264 million in 2013 to $623 million in 2014. In the rest of Europe, the regions that experienced the most significant levels of investment in 2014 were the Nordic countries ($345 million), the Netherlands ($306 million) and Germany ($82 million).

The massive investment in fintech shows that the digital revolution is well advanced in financial services, and it is both a threat and an opportunity for banks. The report also suggests that many established banks are not well equipped to deal with the digital revolution.

The full report can be downloaded here.

UKBAA Research Report: A Nation of Angels (2015) - The main findings

In a European context, the UK business angel market is seen as one of the most mature and extensively researched. However, there is a lack of recent systematic evidence on the profile and approach of business angels, their investing activities and notably their impact on the growth and performance of the businesses in which they invest. This report sets out to fill this gap by providing new findings from the largest survey of business angels in the UK and the impact of their investment activities to date. This report, commissioned by the UKBAA in association with the Centre for Entrepreneurs (CFE) and with the support of the BVCA, Deloitte, Barclays and the ESRC, presents the results of the largest study of the investment behaviour and impact of business angels in the UK to date. The study comprised responses from 403 individual angels who responded to the online Nation of Angels survey, detailed follow-up telephone interviews with 42 individual angels who shared more details of their investment behaviour, and an online survey of 28 angel syndicate and network leads across the UK representing 8,000 angels. What is clear from the results of this research is that the UK business angel market is changing.

The Reports can be downloaded here:

Nation of Angels - The Unsung Heroes of Britain's Economy
Nation of Angels - Full Report

The main findings of the study are:

• Rise in Female Angels 
• Angels are more active than ever 
• Investing further from home 
• Angels increasingly invest alongside funding vehicles
• 90% of Angels report using EIS or SEIS Tax Relief Schemes
• Syndicates show preference for an experienced Lead Angel over presence on board
• Increased expectations of returns
• 25% of Angels have invested in Social Impact.  

Source:  http://www.ukbusinessangelsassociation.org.uk/news/nation-angels-2015-main-findings

UK Trade & Investment (UKTI) release a research report titled “Fintech – the UK’s unique environment for growth”

UKTI released a report titled “Fintech – the UK’s unique environment for growth” on 6th August 2014 to coincide with the launch of the new UK Fintech organisation Innovate Finance.

The report looks at the strengths of the UK’s Fintech sector and how overseas companies can benefit from setting up in the UK.

The full report can be viewed or downloaded here.
Fintech in the UK. The UK is a uniquely well-suited location for technology applied to financial services – Fintech. This fast-growing sector covers both: (1) Traditional Fintech (with larger incumbent technology firms supporting the financial services sector), and (2) Emergent Fintech (with small, innovative firms using new technology to bring financial services directly to consumers, often disrupting existing business models).

The UK and Ireland is now the fastest-growing region for Fintech investment (Accenture). Deal volumes here have been growing at 74 percent a year since 2008, compared with 27 percent globally and 13 percent in Silicon Valley. During the same period, the value of Fintech investment increased nearly eightfold, to US$265 million in 2013 – a rate of 51 percent a year, nearly twice the global average (26 percent), and more than twice that of Silicon Valley (23 percent).   The UK’s growing strengths in Fintech are due to: