Question to the Department for International Trade:
To ask the Secretary of State for International Trade, what assessment he has made of recent trends of the level of foreign direct investment into the UK FinTech industry in the (a) 2017-18 and (b) 2016-17 financial years.
The information regarding FDI is not held centrally and could only be obtained at disproportionate cost.
Last year British FinTech’s attracted more venture capital funding than any other European country once again totalling $1.73 billion across 261 deals.