Top FinTech Startups & Scaleups of London to Watch Out in 2023

In the era of technology, information technologies and modern fintech apps dominate our world, plus our wallets. Presenting a rich context of investment management and financial innovations, FinTech startups and scaleups are in their highest demand. FinTech companies and ventures provide software services, and currently, a lot of them are nearly considered equivalent to banks, and in some ways, they are better.

Before we start, make sure to register for the Startups of London talent-network if you are interested in finding startup jobs in London. We are in contact with startups who are hiring, and can get you introductions with founders.

Defining FinTech Startups and Scale-ups

To briefly define, a FinTech startup refers mainly to technology and innovation, aiming to compete with the old-school financial methods and services. In the previous years, the handicap of the market confronted reliability and trust, however, now it is becoming no such trouble with the years, and successful samples came by. Nevertheless, subscription offers and third parties are still the most effective ways to make the most of the money to make and use them more efficiently. 

Tech scaleups are one step taller than the startup phase. “A scaleup (company) is a company who has an average annualized return of at least 20% in the past 3 years with at least 10 employees at the beginning of the period,” according to OECD. However, it seems impressive; the more a company scales, the more it values.