Financial Services: Technology

(asked on 29th October 2025) - View Source

Question to the HM Treasury:

To ask His Majesty's Government what steps they are taking to support the fintech sector, following reports that British firms secured half of the top 10 European fintech investment deals in the third quarter of 2025.


Answered by
Lord Livermore Portrait
Lord Livermore
Financial Secretary (HM Treasury)
This question was answered on 12th November 2025

The UK is a world leader in Fintech, and attracted attracted $3.6 billion of investment in 2024, second only to the US.

The Government’s Financial Services Growth and Competitiveness Strategy set out a comprehensive package of reforms to preserve the UK’s leadership in this area. Measures include streamlining the regulatory environment, initiatives to support UK Fintechs to scale up, and steps to accelerate progress in Open Finance and Smart Data.

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