These are London's hottest startups in the 2018 Fintech50

Citi A.M. reports on the 2018 Fintech50, including Featurespace which joins the list for a second year running.

Over half of the 2018 Fintech50 are based in London, as it fights to keep its crown amid increasing competition from startups in cities like Berlin, Dublin, Amsterdam and Warsaw.

In spite of all this competition, with over double the number of startups with a $1bn valuation or higher than any other country in the continent, the UK is now the tech unicorn capital of Europe.

Julie Lake, CEO and co-founder of the Fintech50, and fellow co-founder Nicky Cotter, said in a joint statement "For us, the hottest trend this year is not the strength of individual verticals such as regtech or insurtech, but in how a once fragmented sector is increasingly working together with banks and with other fintechs to deliver a superior experience for customers.”

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