UK fintech spending plummets in 2022

The U.K.’s fintech sector was hit hard last year, with investment plunging 56% in 2022 to $17.4 billion from $39 billion the previous year, according to KPMG’s latest Pulse of Fintech report. The second half of 2022 suffered more due to the combination of higher inflation and interest rates as well as volatile stock markets; […]

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