BROCHURE REQUEST
IW Capital IW Capital
  • Home
  • About us
  • For Investors
  • For Financial Advisers
  • For Companies
  • Blogs
  • Contact Us
BROCHURE REQUEST
IW Capital

Finding the right investment in the Fintech arena

30th May 2019
Finding the right investment in the Fintech arena

Published this month, the U.K. Tech on a Global Stage report finds that investment in “fintech” totalled £4.5 billion between 2015 and 2018, helping to cement Britain’s position as a world leader.

Fintech matters because it is one of the segments within the wider technology arena that plays to Britain’s economic strengths. For better or worse, the financial sector accounts for a disproportionate percentage of U.K. gross domestic product. With the City of London and other financial centres, such as Leeds and Edinburgh, on their collective doorstep, British fintech businesses are in close proximity to both customers and a deep well of industry expertise. Perhaps it’s not surprising, then, that investment levels are running so high.

Jared Jesner, founder of rapidly growing currency trading platform WeSwap, this week discussed the ability of businesses in the fintech sector to raise cash from VCs or move to an IPO with Forbes. Commenting, “We are on the path to profitability, our aim is to build a profitable business – not just a scaleup.”

WeSwap is enjoying impressive growth.  The company is a consumer-facing fintech venture that offers customers a means to buy foreign currency at cheaper rates than would be available through traditional outlets. This is achieved by enabling travellers moving in opposite directions to swap their available currencies. In the last year, the company traded £100 million in such swaps compared with £70 million the previous year. In 2019, it is moving into the Asian market for the first time.

IW Capital is keen to help SMEs that need assistance to plan for the future and find the right kind of investment in order to help them reach the next level.

To find out more about IW Capital, or for more information on investment and non-executive opportunities, please speak to a member of the IW Capital team today on 020 7015 2250, or email info@iwcapital.co.uk

Archive

  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020

Related Posts

Over half of UK SMEs prioritise green energy for the rest of 2022

Over half of UK SMEs prioritise green energy for the rest of 2022

Levelling up: Small businesses use technology to overcome challenges

Levelling up: Small businesses use technology to overcome challenges

Investment announcement: We’re investing £8.7m in Rockwater Sandbanks & Branksome Ltd

Investment announcement: We’re investing £8.7m in Rockwater Sandbanks & Branksome Ltd

Consumer support reduces the risk of small business failure

Consumer support reduces the risk of small business failure

ADDRESS: IW Capital Ltd, 42 Bruton Place, London, W1J 6PA | TELEPHONE: +44(0)20 7015 2250 | EMAIL: info@iwcapital.co.uk

© 2022 IW Capital Ltd | T&Cs | Privacy Notice | Privacy Policy | Cookie Policy

IW Capital Ltd is an appointed representative of Bramdean Asset Management LLP, which is authorised and regulated in England by the Financial Conduct Authority under registration number: 410624.

IW Capital Ltd, 42 Bruton Place, London, W1J 6PA
+44(0)20 7015 2250
info@iwcapital.co.uk

© 2022 IW Capital Ltd | T&Cs | Privacy Notice | Privacy Policy | Cookie Policy

IW Capital Ltd is an appointed representative of Bramdean Asset Management LLP, which is authorised and regulated in England by the Financial Conduct Authority under registration number: 410624.

Copy