LONDON—London has the most fintech headquarters of any city in the world, according to new research.
Data shows that London currently boasts more than 1,000 global fintech headquarters with companies such as WorldPay, Finastra, Monzo and TransferWise among those choosing to base themselves here. New York and San Francisco come in at second and third with 939 and 593 fintech headquarters respectively. Other cities ranked in the findings include Singapore, Paris, Beijing and Mumbai, Business Matters reported.
The joint report from Savills and Workthere shows London, New York and San Francisco are the clear epicenters of the fintech world making up a combined 38% of global fintech venture capital investment by volume so far this year. London topped the table for the number of fintech venture capital deals for the first nine months of 2019 with 194, followed by New York at 164 and san Francisco at 123, Business Matters said.