Despite the UK chancellor lauding its “world-beating fintech sector”, London has been waning as a fintech hub, as startups call for reforms amid SVB UK’s bust (Siddharth Venkataramakrishnan/Financial …)

by #AI April 17, 2023 · Automatic

Siddharth Venkataramakrishnan / Financial Times:
Despite the UK chancellor lauding its “world-beating fintech sector”, London has been waning as a fintech hub, as startups call for reforms amid SVB UK’s bust — Despite positive government noises the UK is not the draw it once was — As Silicon Valley Bank UK imploded at the start of March …