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Out-of-date laws, siloed systems and anti-data rules: what to scrap to boost fintech

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City AM

By Sascha O’Sullivan The UK is one of the world’s great fintech success stories. 42 fintech unicorns are headquartered in the UK and fintech investment is soaring to $9.1bn – a 24 percent year-on-year increase from the first half of 2021. This represents more than the rest of Europe combined. The UK also has one of the largest fintech adoption rates – with 71 percent of the population now using a fintech company or product. The UK fintech proposition not only offers access to capital, but world-class talent and a forward-thinking approach to regulation. The country is a natural hub for creatin…

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