Lawson Conner discusses launching your FinTECH firm
11th August 2015 181 - Firm News
FinTech is transforming the entire financial services world on a global scale and in a speed never seen before. In 2011 Crowdfunding platforms raised $1.5bn worldwide. Last year that figure had grown to $5bn. In 2013 over a quarter of us used our mobiles to check bank balances. In 2014 over $14bn was invested in the sector. In the last 18 months alone we have seen a proliferation of new technologies for making payments.
New startup companies are challenging traditional banking institutions and their existing solutions, and London, being traditionally one of the world’s main financial centres, is attracting a lot of those startups and becoming one of the leaders in FinTech innovation. There is a wave of innovation in financial services taking place and its taking place right now.
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