Finance

Reform listings rules to boost UK fintech post-Brexit: Kalifa review

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Icons for the Monzo and Starling banking apps on a smartphone.

Adrian Dennis | AFP via Getty Images

LONDON — The U.K. should reform listings rules and visa applications to help its £11 billion ($15.3 billion) fintech sector thrive after Brexit, a government-commissioned review said Friday.

Britain is one of the leading players in fintech globally, attracting $4.1 billion in venture capital investment last year, according to industry body Innovate Finance. It’s home to several fintech unicorns — private firms worth over $1 billion — including Checkout.com, Revolut and Monzo.

The review, led by former Worldpay boss Ron Kalifa, makes a number of notable proposals, including: the creation…



Source cnbc.com

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