Industry

Fintech is arguably one of the hottest areas of investment and start-up activity at the moment, with billions flowing into the sector.

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What will be the next household-name app-based service like Uber? Where are the next “unicorns” – start-up businesses that rapidly rise to a $1 billion valuation?

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Major investment and growth punctuated London’s fintech scene in 2015, while this year the sector is expected to see increased M&A activity.

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Big banks are battling to get ahead of the technology disruption unfolding in the banking industry, with financial technology start-ups turning into red-hot investments.

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This year will see the first failed fintech company as more start-ups must begin to prove their worth, according to share portfolio management software provider Sharesight chief executive Doug Morris.

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