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London Mayor unveils £280,000 funding initiative for tech startups

News will be welcomed by fintech firms, which are concerned about London's future as a hub for the industry

London Mayor unveils £280,000 funding initiative for tech startups

London Mayor Sadiq Khan has launched a funding initiative to help the capital's tech startups, which could go some way to allaying the concerns of the fintech community as the UK heads towards Brexit.

Speaking at the Wired Live event in east London, Khan said that the Greater London Authority will provide £280,000 in funding through 20 dedicated investment days over the next four years.

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