What about Brexit? The appetite is still very strong for foreign investment in British fintech companies with over $564m invested, 33% more than the same period last year.
Some had worried that Britain's vote last June to leave the European Union would see Britain lose its status as the main European hub for fintech - a sector that ranges from mobile payment apps to digital currencies like bitcoin, and one that the government regards as a key source of economic growth. The latest figures paint a promising picture, with investment up almost 50 per cent on the second half of last year in the aftermath of the Brexit vote.