London has long demonstrated its dominance of the fintech sector. The City has been the birthplace of start-ups like Revolut, Wise, Monzo, and Checkout, all of which have transformed different aspects of the finance industry while attaining multi-billion-pound valuations in the process. The UK’s capture of the nascent industry was undoubtedly aided by nimble regulation, such as the early adoption of regulatory sandboxes, and London’s ability to attract the bulk of capital distributed by venture capitalists in Europe. But Britain’s fintech sector has not been immune to the downturn of VC investment into start-ups in recent years. Investment into the…

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