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5 of the most promising fintechs in the UK

Amply's Amanda Kavanagh spotlights five UK fintechs to watch in 2024

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Big investors may now be turning to riskier assets, but 2023 was a year of heightened risk aversion, and companies seeking venture capital (VC) funding had an uphill journey.

Pitchbook’s newly-released annual European Venture report says that dealmaking fell significantly last year, compared with the two years prior. Just €57bn was invested, representing a year-on-year decline of 45.6 per cent. 

Looking at the UK specifically, the statistics are even bleaker. UK fintech funding fell 63 per cent to $4.2 bn in 2023, and the number of $100m-plus funding rounds fell to nine, compared to 25 in 2022. 

In addition to rising interest rates and inflation, fintech has been viewed as particularly volatile since the collapse of FTX, and Binance’s $4.3 billion settlement with the US Department of Justice. 

However, deals are being made, and according to Tracxn, the UK fintech start-up ecosystem ranks second in the world – after the US, and the UK has over 13,000 companies in the fintech space, accounting for nearly 10 per cent of all fintech companies worldwide. 

As banking tech, mobile wallets and payments, and alternate lending companies continue to raise funds, acquire and merge, a new CB insights report includes a spotlight on high-performing tech companies.

Here are five fintechs to watch in 2024. 


Not only did payments orchestration platform APEXX raise $25m Series B funding in 2023, but in Q3, it also joined forces with Klarna to expand the latter’s flexible, interest-free payment choices to global merchants. This means that all merchants on the APEXX Connect platform can host BNPL services through a unified API. 

In Q4, the progressive organisation also struck a deal with US-based travel company Internova to allow travellers to access a simple and secure payment process. Further North American expansion is on the cards for APEXX, which is already active in over 50 markets. 


Founded in 2020 and based in Maidstone, LemFi, the company formerly known as Lemonade Finance, raised $33m in Series A funding five months ago. Its mobile application features payment services, global accounts, and international money transfers, and primarily serves migrants who move abroad to start new lives. 

In late 2023, it announced its partnership with ClearBank, citing payment volumes to up 550,000 transactions in September, with customer numbers growing each month.


Since 2007, Liberis has provided over 60,000 small businesses with accessible and responsible finance across three continents. Last month, it announced $112 million debt financing, which will be used to deploy advanced AI and machine learning algorithms to provide personalised products that meet SME needs for sustainable growth. 

These algorithms will work from a large data set drawn from the company’s many years in business, and this brings the total funding of Liberis to $700m to date. 


Africa’s second-fastest growing company, Moniepoint provides an all-in-one payments, banking and operation platforms for businesses, and has branches in London, Nigeria, Kenya and the US. 

Offering financial products to underbanked communities, Moniepoint now reaches even more customers in far-flung and remote areas with its personal banking app, which launched in 2023. 

By announcing plans to acquire Nairobi-based Kopo Kopo last year (a deal not yet completed although Moniepoint has received regulatory approval to conduct the transaction), the firm will expand further into the Kenyan market in 2024, and continued growth is expected.


Founded in 2019 and based in London, Volt focuses on developing lightning-fast, real-time payment solutions with its platform that enables instant notifications, real-time reporting and fraud prevention. 

Active in 25 territories, it raised $60m in a Series B round last summer to fund expansion into APAC and the Americas, and to support product development in existing markets across Europe, the UK, and Brazil. 

Seeking a new opportunity in 2024? Fintech roles abound on the AltFi Job Board, here’s three as a taster. 

Engineering Manager (Mobile) - Global Bank, SumUp, London

SumUp is seeking an Engineering Manager based in London, with regular travel to Berlin and Sofia. The successful candidate will lead a team of mobile engineers, building and supporting banking features in the SumUp Super App. Ideally, you’ll have seven or more years of software development experience, over three years working as an engineering manager, have experience leading multiple-location and agile teams, as well as a deep understanding of the mobile landscape, industry trends and user expectations in app development. Find out more here

Customer Experience Associate, Robinhood, London

As its name might suggest, Robinhood seeks to democratise finance for all. While it’s not quite stealing from the rich and giving to the poor, the organisation is a fintech broker that allows individuals to start investing easily with little money. As it expands, the company is seeking a Customer Experience Associate to support its operations team. The successful candidate will build and maintain dashboards to maintain oversight of interactions with customers across multiple channels, will assist in investigating and escalating customer complaints, and work closely with the engineering and product teams to launch, enhance and scale Robinhood’s product offering. Read more here.

Sales Specialist - Fintech/Payment, Guardian Professional, London

An award-winning fintech organisation is seeking a Sales Specialist to present, promote and sell products/services with consultative selling techniques to help guide customers through their technology or process hurdles. The successful candidate will reach out to customer leads, establish, develop and maintain business relationships, help solve business problems and negotiate contracts. A Bachelor’s degree in business admin, marketing, sales or a related field is required, as well as two years sales experience, ideally in finance, fintech or payments. Some travel is part of the gig. Apply now

Browse the AltFi Job Board to find your next opportunity today

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