The FinTech ecosystems of seven regions: the UK, California, New York, Germany, Singapore, Hong Kong and Australia. These in-scope regions were selected by HM Treasury on the basis of the reputation and size of their FinTech sectors. Source : EY Analysis Report
Benchmarked ranking of FinTech ecosystems : EY find that the UK ranks first, as the leading global FinTech ecosystem. The UK has a well-rounded FinTech ecosystem with particular competitive advantage in its government and regulatory policy.
Germany : Fintech | Source: EY analysis, CB Insights | Notes: Investment refers to the period from October 2014 to September 2015
Key Takeaways from EY abridged report on UK FinTech
The UK is a global capital for FinTech. EY estimates that the UK FinTech sector generated £6.6b in revenue in 2015, and accounted for 32% of all revenues generated across in-scope regions. The UK FinTech sector attracted £524m in investment in 2015, and employs a FinTech workforce of 61,000, second only to California which employs a FinTech workforce of 74,000.