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.

Read more: Fintech unicorn Oaknorth more than trebles profits

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.

Monzo BankFintechLondon
Starling BankFintechLondon
Salary FinanceFintechLondon
BehavoxData AnalyticsLondon
BizumaEcommerce and MarketplacesLondon
Bulb EnergyHardware Devices and Internet of ThingsLondon
M Squared LasersHardware Devices and Internet of ThingsGlasgow
Reach RoboticsHardware Devices and Internet of ThingsBristol
Culture TripDigital EntertainmentLondon
MediatonicDigital EntertainmentLondon
EnsekSoftware as a ServiceNottingham
Kimble ApplicationsSoftware as a ServiceLondon
Garrison TechnologyCyber SecurityLondon
Ieso Digital HealthBiotech and HealthcareCambridge
GlobalwebindexAdtech and MarketingLondon
PerkboxEnterprise SoftwareLondon
StarleafEnterprise SoftwareWatford

Dr Kris Naudts, founder and chief executive at travel startup Culture Trip, said: “Being part of Future 50 will help us to connect with and learRead More – Source

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