HNW investors favour fintech

HIGH-NET-WORTH and professional investors are favouring the fintech sector, according to new research.

Direct private investment platform Capitama surveyed its own investors and found that 69 per cent were interested in putting money into fintech opportunities, while 67 per cent said they were keen to invest in software and technology deals.

“Fintech is a sector that has seen huge growth in the past three years and evidence suggests it’s just the start,” said Simon Ramery, co-founder and chief executive at Capitama.

Read more: Barclays: Financial services firms need fintechs

“Our data shows that investors see real value in the companies operating in this space, and that they see a strong future for the UK fintech scene despite Brexit.”

Growth funding is the most popular investment type on available on Capitama with 83 per cent of investors interested in the area.

This was followed by early stage investments at 72 per cent, buy-outs at 63 per cent and real estate at 47 per cent.

In addition, Capitama found that its investors had channelled £300m into philanthropic and social impact opportunities.

Read more: Deloitte partners with Fintech Scotland to drive sector’s growth

“We’re also really excited about the commitment of investors to look at philanthropic and social impact investing,” said Ramery.

“£300m is a considerable total of investable capital and we hope to be able to help put this to good use.”

Read more: UK fintech fundraising decline in first quarter