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UK fintech investment drops to $9.9bn in 2024

Geopolitical uncertainty, high levels of inflation and the higher interest rate environment all contributed to more subdued levels of UK fintech investment

UK fintech investment dropped to $9.9bn (£7.8bn) in 2024, down 27% from $13.6bn (£10.8bn) the previous year, according to KPMG’s Pulse of Fintech.

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