The European fintech sector enjoyed an extraordinary boom last year. The pandemic drove more activity online, boosting growth prospects, and investment poured in, juicing up valuations.
According to KPMG, investment in European fintech firms ballooned to $77bn (£56.5bn) in 2021, almost half of which went to UK businesses. That’s many multiples of the 2020 figure, even allowing for the inclusion of the Refinitiv purchase by the London Stock Exchange Group.
