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Equity investment into fintech companies with one or more female founders has continued to grow exponentially over the past decade, rising from just two deals worth £350k in 2012 to 111 deals worth £578m in 2021. Despite the increase in funding secured by female-founded fintech companies, these figures are still disproportionately low given the investment in male counterparts. For example, in 2021, just 1.9% of fintech equity investment went to companies with at least one female founder. Of the £578m of equity invested into fintech companies with a female founder in 2021, 61.1% (£352m) of the investment was secured by all female founding teams. This high proportion is largely due to investment raised by Starling Bank, a challenger bank founded by Anne Boden, which amounted to £322m in 2021.

Find the full report below:

This is the third in our quarterly series, see previous editions below.

REPORT 2: May 2022
In the second edition of our quarterly UK fintech analysis, we explore the exits and equity deals achieved by companies in the sector. View PDF below.

REPORT 1: March 2022
In our first edition we look at the UK’s fintech sector to explore emerging growth trends, which may be indicative of where the fintech industry is heading. View PDF below.