The double doubles below in the United Kingdom of Fintech with a new fund worth $ 100 million

Fintech sector in the United Kingdom on a roll. The London-based bank allica-based Finetech announced that he had had it Her profits were doubled in 2024, 29.9 million pounds, while Neobank Revolution has announced a billion pounds in 2024. Companies of this type continue to leave London, a city that has become a World Fintech leader, partly due to its long financial heritage but also because it was a pioneer in open banking. There are now more than 185 emerging companies in the United Kingdom value More than one billion pounds, according to a research from HSBC Innovation Banking.

So with this context developmentThe UK VC has launched its headquarters in Fintech, AI and Saas Startups, a new fund worth $ 100 million.

It was launched in partnership with Japanese investors at VC, SBI Investment Co. This will be the second box dedicated to Volnter after the beginning, which reached $ 30 million.

The transformation said that a “large number” of the current LPS was clarified in the new box.

Policy said it will aim at companies that have already set revenue flows but require additional capital.

James Kudlling, the Volnter’s administrative partner, told Techcrunch that while the UK government focuses on productivity and growth, there is a structural financing challenge, with the funding of an early stage of the post -stage chain A. He said it is an external to finance companies that fit the product market and a strong strategy to reach the market

“We support companies ranging from five million revenues and up to 20 years. This is a strongly required part in the market at the present time, and it has become increasingly increasing due to what happened in the correction in the project markets 2021-22. There is a lot of money that struggles to raise the new capital and try to handle the problems they are already in the portfolio.”

Previous companies supported by Signal AI, Flagstone, CGNISM and Zopa Bank. The previous box was three exits.

“The UK is a world leader in Fintech and AI, with global universities, a strong organizational environment, and the prosperous entrepreneurship environment comes in the UK’s ecosystem,” said Tomoyuki Nii, director of SBI Investment:

Volnter also runs the “carbon pregnancy” initiative focusing on ESG aimed at encouraging responsible and sustainable growth through its portfolio.

Although Fintech is well afflicted, the UK technology sector faced a contraction with Funding in Series A decrease of 44 % In 2024 compared to the previous year, the chain transfer rates decreased More than 50 % In the past five years.