Capital.com
is looking to deepen its involvement in the growth of the UK’s fintech sector.
To that end, the company announced today (Monday) that it has joined two
prominent local financial industry organizations. The move comes at a time when global fintech
investments have fallen below $100 billion in 2024, testing seven-year lows.
Capital.com Joins
Financial Trade Associations to Boost UK Fintech
Capital.com,
a provider of investment services to retail traders, is now a member of
TheCityUK and UK Finance. TheCityUK represents the UK’s financial and related
professional services industry, advocating for policies to strengthen the
sector’s global competitiveness. Meanwhile, UK Finance is a leading financial
services trade association in Europe, focused on setting industry standards and
shaping the future of financial regulations.
“We are
pleased to announce Capital.com’s membership in TheCityUK and UK Finance,” said
Rupert Osborne, the CEO at Capital.com UK. “As a global fintech company with a
strong presence in London and other financial hubs, Capital.com is
well-positioned to contribute to the UK’s status as a leading tech and
financial services powerhouse.”
While the
announcement didn’t specify exactly how Capital.com plans to contribute or
participate in the development of the UK’s financial and technology sectors,
Osborne noted that the company aims to drive innovation, improve financial
literacy, and bolster the UK’s standing in fintech through collaboration with
these industry bodies.
This move
marks another step forward in the British market, following the company’s
mid-February announcement of a partnership with LSEG. That collaboration
provides traders with enhanced tools and analytical resources to make faster,
more informed decisions.
UK: Europe’s Fintech
Capital
Although
2023 statistics highlighted significant challenges for the UK fintech industry,
with funding dropping by over 60% to $4.2 billion, London and its surrounding
areas remain Europe’s top hub for fintech investment. This is evident in the
data on investments in financial and tech startups, where the UK continues to
be the primary destination for venture capital.
Moreover,
the first half of 2024 showed a marked improvement, with UK fintech investments
rising to $7.3 billion. According to Roberto Napolitano, Chief Marketing
Officer at Innovate Finance, who spoke with Jonathan Fine of Finance
Magnates during FMLS:24, the UK now attracts “more fintech funding than all
of Europe combined.”
However, he
emphasized that the United States remains the dominant force on a global scale.
“The US still remains one of the largest markets, if not the largest market for
fintech,” he added. “So looking at the US, it would be my suggestion to
founders to at least be present in that market if they think they want to break
into it.”
$1.7 Trillion Trading
Volume in 2024
On a global
level, Capital.com has had an impressive year, achieving a total trading volume
of $1.7 trillion—a 30% increase from 2023. At the same time, the number of
executed transactions jumped by 20%.
“Capital.com’s
higher trading volumes and strong client engagement in 2024 mark a milestone in
our evolution as a high-growth trading platform ,” said Christoforos Soutzis,
Chief Executive Officer of Capital.com Europe, in a January 2025 statement.
Meanwhile,
the company’s UAE branch became the first fintech to partner with Amazon in the
region, further expanding its global footprint.
Capital.com
is looking to deepen its involvement in the growth of the UK’s fintech sector.
To that end, the company announced today (Monday) that it has joined two
prominent local financial industry organizations. The move comes at a time when global fintech
investments have fallen below $100 billion in 2024, testing seven-year lows.
Capital.com Joins
Financial Trade Associations to Boost UK Fintech
Capital.com,
a provider of investment services to retail traders, is now a member of
TheCityUK and UK Finance. TheCityUK represents the UK’s financial and related
professional services industry, advocating for policies to strengthen the
sector’s global competitiveness. Meanwhile, UK Finance is a leading financial
services trade association in Europe, focused on setting industry standards and
shaping the future of financial regulations.
“We are
pleased to announce Capital.com’s membership in TheCityUK and UK Finance,” said
Rupert Osborne, the CEO at Capital.com UK. “As a global fintech company with a
strong presence in London and other financial hubs, Capital.com is
well-positioned to contribute to the UK’s status as a leading tech and
financial services powerhouse.”
While the
announcement didn’t specify exactly how Capital.com plans to contribute or
participate in the development of the UK’s financial and technology sectors,
Osborne noted that the company aims to drive innovation, improve financial
literacy, and bolster the UK’s standing in fintech through collaboration with
these industry bodies.
This move
marks another step forward in the British market, following the company’s
mid-February announcement of a partnership with LSEG. That collaboration
provides traders with enhanced tools and analytical resources to make faster,
more informed decisions.
UK: Europe’s Fintech
Capital
Although
2023 statistics highlighted significant challenges for the UK fintech industry,
with funding dropping by over 60% to $4.2 billion, London and its surrounding
areas remain Europe’s top hub for fintech investment. This is evident in the
data on investments in financial and tech startups, where the UK continues to
be the primary destination for venture capital.
Moreover,
the first half of 2024 showed a marked improvement, with UK fintech investments
rising to $7.3 billion. According to Roberto Napolitano, Chief Marketing
Officer at Innovate Finance, who spoke with Jonathan Fine of Finance
Magnates during FMLS:24, the UK now attracts “more fintech funding than all
of Europe combined.”
However, he
emphasized that the United States remains the dominant force on a global scale.
“The US still remains one of the largest markets, if not the largest market for
fintech,” he added. “So looking at the US, it would be my suggestion to
founders to at least be present in that market if they think they want to break
into it.”
$1.7 Trillion Trading
Volume in 2024
On a global
level, Capital.com has had an impressive year, achieving a total trading volume
of $1.7 trillion—a 30% increase from 2023. At the same time, the number of
executed transactions jumped by 20%.
“Capital.com’s
higher trading volumes and strong client engagement in 2024 mark a milestone in
our evolution as a high-growth trading platform ,” said Christoforos Soutzis,
Chief Executive Officer of Capital.com Europe, in a January 2025 statement.
Meanwhile,
the company’s UAE branch became the first fintech to partner with Amazon in the
region, further expanding its global footprint.
This post is originally published on FINANCEMAGNATES.
