In fact, the UK’s fintech ‘unicorns’ had a combined revenue growth of 130% in the last 12 months – in monetary terms this was an increase from £77.1m to £177.6m revenue.
The report also analysed these unicorns and found out their international expansion in these Brexit times. “What is most interesting about the various fintech unicorns is their international expansion, with the majority now aggressively expanding either to North America or Europe or both. When looking at the composition of hiring within the
fintech unicorns, unsurprisingly IT dominates.”
Chris Hickey adds: “This is a positive story for the UK economy, and job creation across the board within the fintech sector has grown significantly.
“In fact, between 2017-18 job creation within fintech increased by 100% in HR, accounting, and business support roles, by 74% for IT positions, 48% in banking-specific roles, 40% in legal, and 16% in both insurance and sales.”
In fact, the UK’s fintech ‘unicorns’ had a combined revenue growth of 130% in the last 12 months – in monetary terms this was an increase from £77.1m to £177.6m revenue.
The report also analysed these unicorns and found out their international expansion in these Brexit times. “What is most interesting about the various fintech unicorns is their international expansion, with the majority now aggressively expanding either to North America or Europe or both. When looking at the composition of hiring within the
fintech unicorns, unsurprisingly IT dominates.”
Chris Hickey adds: “This is a positive story for the UK economy, and job creation across the board within the fintech sector has grown significantly.
“In fact, between 2017-18 job creation within fintech increased by 100% in HR, accounting, and business support roles, by 74% for IT positions, 48% in banking-specific roles, 40% in legal, and 16% in both insurance and sales.”