Investment in UK-based fintech companies declined to £1.8bn in the first half of the year, its lowest six-month total since 2016, according to KPMG’s Pulse of Fintech H1 2026 report.
British financial technology companies had raised £5bn in funding in H1 2025, a year in which the UK accounted for 68% of fintech investment in the EMEA region.
And while the UK did attract more fintech investment than any other EMEA economy between January and June, its share of total funding fell to a more modest 22%.
The number of deals, encompassing investment, mergers and acquisitions, dropped year-on-year from 281 to 205, again the lowest level in a decade.
Such...
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