A recent EY study looks at how the UK FinTech ecosystem compares to that of California, New York, Germany, Singapore, Hong Kong and Australia based on their status as FinTech hubs. The report considers four attributes in each region:
- Talent (availability and pipeline)
- Capital (seed, growth and listed)
- Policy (regulatory regimes, government programmes and taxation policy)
- Demand (consumer, corporate and financial institution)
The analysis was commissioned by the UK Government to inform policy and support the sector. It also includes case studies on Israel and China.
The study gives extremely interesting comparative data across the regions and provides recommendations for the UK Government based on the experience in other countries.