Brexit Vote Brings Uncertainty to Fintech

The latest withdrawal agreement from Theresa May was soundly rejected by Parliament and now uncertainty takes center stage as a government turnover looks possible; fintech leaders believe there is ample opportunity for other European cities to take the lead in attracting top tier talent, which is one of London’s biggest advantages; ensuring London keeps talent is the biggest question facing the market, when a deal is finally reached what will it look like and how will immigration shake out; London will always be a key player in fintech but staying at or near the top is very dependent on attracting new talent from outside the country; there is some difference of opinion on how big Brexit will effect fintech in the long term, though operating in limbo has caused a number of issues as well; coming to a clearly defined decision will not only remove uncertainty but help companies make long term plans. Source.

Todd is the Chief Product Officer of LendIt Fintech.

He is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists.

He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences.

He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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