London fintechs dominate startup programme as they bid to scale-up

London fintechs dominate the latest entries to a government-backed startup programme as the capital's fintech sector continues to boom.

Monzo, Starling Bank, Revolut and Salary Finance were among the companies selected for this years Future 50 programme.

The scheme, which is run by government-backed Tech Nation, helps British tech businesses to scale up by providing access to a peer network and contact with senior government decision-makers.

This years cohort reflects the continued success of London fintech firms, which made up 10 of the 24 new entries.

Tristan Thomas, head of marketing and community at Monzo, said: “We're excited to have been included in this years Future 50 programme and work with and learn from other high-growth companies in the cohort.

“As we near 2m customers in the UK, we're preparing for the next stage in our company's growth trajectory.”

The announcement comes after a bumper year for venture capital investment in the UK, with startups pulling in $7.9bn (£6bn) in funding last year.

Startup	Sector	Location
Aire	Fintech	London
Blockchain	Fintech	London
Currencycloud	Fintech	London
Marketinvoice	Fintech	London
Monzo Bank	Fintech	London
Nested	Fintech	London
Quantexa	Fintech	London
Starling Bank	Fintech	London
Revolut	Fintech	London
Salary Finance	Fintech	London
Behavox	Data Analytics	London
Bizuma	Ecommerce and Marketplaces	London
Bulb Energy	Hardware Devices and Internet of Things	London
M Squared Lasers	Hardware Devices and Internet of Things	Glasgow
Reach Robotics	Hardware Devices and Internet of Things	Bristol
Culture Trip	Digital Entertainment	London
Mediatonic	Digital Entertainment	London
Ensek	Software as a Service	Nottingham
Kimble Applications	Software as a Service	London
Garrison Technology	Cyber Security	London
Ieso Digital Health	Biotech and Healthcare	Cambridge
Globalwebindex	Adtech and Marketing	London
Perkbox	Enterprise Software	London
Starleaf	Enterprise Software	Watford