Legal Business

City firms poised to ride fintech wave

Victoria Young reports on the diverse mix of law firms  looking to take advantage as finance meets technology

UK Economic Secretary Harriett Baldwin isn’t holding back on the government’s ambitions for the fintech industry in the UK.

‘We are already a major player in financial technology; our ambition is now to be the major player – the leading fintech centre in the world,’ she recently said, ahead of announcing reviews of so-called ‘robo-advisers’ – online wealth management services.