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Why Peter Thiel’s $3.5B fintech is fleeing Britain

Bloomberg NewsbyBloomberg News
February 15, 2020
in Banking, Payments
Reading Time: 2 mins read
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Defying the gloom around the financial services industry in post-Brexit Britain, the U.K. has maintained its edge in fostering the industry’s digital revolution. Lured by friendly regulators, fintechs have proliferated and investors have poured billions into companies that have rattled centuries old, high-street lenders. The battleground is becoming so fierce, however, that it’s proving too much […]

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