In some recent research, Accenture found that global investment in fintech tripled in 2014, to $12.21bn, from $4.05bn in 2013. These are the places where investors are putting the most money into new, disruptive, financial technology.
Nearly $10bn was invested into the fintech space in America during 2014, and the country leads investment in fintech globally. However, despite its prominence in the tech world and all this money coming in, Silicon Valley is not considered a particular hotbed of fintech.
UK & Ireland
$623m was invested in the UK and Ireland in 2014. The numbers may be dwarfed by the much bigger US, but the UK, and London in particular, are considered the fintech capital of the world. UK and Ireland fintech investment leads the way in Europe as a whole. This year UK fintech firms had a combined value of £1bn.
The Nordic nations’ fintech scene received $345m of investment in 2014. Firms emerging from the region include mobile credit card payments system iZettle, which is from Sweden.