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Brexit emboldens London fintech start-ups

James Eyers
James EyersSenior Reporter
Updated

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Brexit has emboldened leaders of Britain's financial technology sector to ramp up efforts to attract entrepreneurs to London, where a falling corporate tax rate and deep pools of capital and talent have created a thriving ecosystem that Australian governments wish to replicate.

The day after UK Prime Minister Teresa May called a surprise election for June 8, a delegation of Australian fintech start-ups, investors and government officials, arranged by the Australian British Chamber of Commerce, arrived in London for three days of briefings on UK fintech policy settings.

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James Eyers writes on banking, payments and fintech. He is a former legal and investment banking editor at the AFR, has degrees in commerce and law from UNSW, and is co-author of Buy now, pay later: The extraordinary story of Afterpay Connect with James on Twitter. Email James at jeyers@afr.com.au

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    Original URL: https://www.afr.com/business/banking-and-finance/financial-services/brexit-emboldens-london-fintech-startups-20170420-gvony3