"Even in a hyper-connected world, physical location still matters to entrepreneurs, investors and talent. Factors affecting a start-up’s decision on where to establish their headquarters include quality of life, cost of living, proximity to academic institutions, government support, the economy and existing "ecosystems" that help new businesses.
Here we look at five innovation hotspots and discover what makes London, Paris, Singapore, Munich and Tel Aviv so attractive to entrepreneurs."
World Economic Forum Feb 22 2018
“We have an 800-year-old history of finance here and an incredibly favourable regulatory landscape to support it. Over the last few years alone, initiatives like Innovate Finance’s Industry Sandbox and the [FCA or Financial Conduct Authority’s] Regulatory Sandbox have helped fintech start-ups connect with established financial institutions and regulators. It’s enabled the industry to pool its resources to develop solutions to shared problems, and for fintechs to test their products in a safe space. Thanks to that spirit of collaboration, London is widely accepted as the fintech capital of the world – and PwC predicts that we’ll retain the title for some time to come.”