The FinTech Impact Report: Working through the world’s to-do list #FinTechforPlace PLACE This impact category spans Sustainable Cities and Communities. A number of FinTechs have a positive contribution on local communities 61 and infrastructure, whilst only 3% have a relatively low negative impact. Key SDG targets impacting People: (Including the percentage of FinTechs and their average Net Impact Ratings) FinTechs are… 01 | Enabling housing, infrastructure and mobility 02 | Fuelling economies beyond the capital But there is still work to do… • Distribution of FinTech and their employee base is far from even around the UK, with the majority of Fintech continuing to base 62 out of London and the south-east. • As the sector has matured, other major FinTech hubs have developed including north-west England, Wales and south-west England, the Midlands, Northern Ireland and Scotland.63 • As the FinTech sector continues to grow, a greater breadth and depth of geographic expansion around the UK will require sustained support to further positively impact Place. 35
The FinTech Impact Report: Working through the world’s to-do list Page 34 Page 36