With a current valuation of £6.6 billion, the UK FinTech market is rapidly transforming the way consumers access the financial services sector. To ensure long-term success, the UK aims to position itself at the forefront of the FinTech evolution. In November 2017, TheCityUK published a guide (the “Guide”) to partnering between FinTechs (primarily start-ups) and Financial Services Institutions (“FSIs”) that is designed to steer both sides into a collaborative, joined-up approach to reap the benefits of this high-growth area.

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