Survey says UK fintechs apprehensive on future funding.

BANKING AND CREDIT NEWS-July 2, 2020--Survey says UK fintechs apprehensive on future funding

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Global Banking News - 02 July 2020

A survey conducted by Innovate Finance has indicated that fintechs in the UK are concerned about future funding and are working on a tight budget, Finextra has reported.

The survey showed that nearly 70 per cent of smaller UK fintech companies only have enough cash to last six months or less. Also, 77 percent of these firms are worried about their next funding...

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