Just as history and geography have shaped what fintech areas have developed in the past - witness New York's strength in capital markets fintech, compared to London's insurance, forex and payments technology, or continental Europe's retail banking startups - Brexit will also shape the types of fintechs that arise. Those that deal with the potential hassles of 'passporting' into Europe are among those with a bright future.
London’s booming fintech market under threat from Brexit vote - FT.com
London’s crown as the global capital of fintech is under threat by the decision to leave the EU amid worries about a squeeze on future funding and a brain drain of talent out of the UK. The UK has been at the forefront of the fintech — financial
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