UK fintech startups to watch: from challenger banks to peer-to-peer lending

Fintech is booming in the UK, with venture capitalists and the big banks circling companies that can transform financial services and make everyone rich.

Looking for a job in fintech? Browse Techworld Jobs here.

In 2017, the country's fintech sector attracted £1.34 billion of venture capital funding, according to research by funding database PitchBook. The figure is almost half of £2.99 billion that was invested across UK tech companies, an all-time high that almost doubled the £1.63 billion outlay of 2016.

Here are some of the hottest fintech startups in the UK right now, from young upstarts to more established names that are eyeing an IPO.

Note: fintech can be a nebulous term in the world of startups but for the sake of this list we are defining a fintech startup as a company that is using technology to help people and businesses manage their finances.

Additional reporting by Thomas Macaulay