Brexit casts cloud over fintech sector

Brexit uncertainty is sending jitters through London's fintech industry, with startup companies finding it increasingly hard to access capital in London.

According to a survey by Tech London Advocates, access to capital and talent have both become more challenging in the past two years, and 87 percent of tech companies think Brexit has damaged London's global reputation.

The survey found one in four tech startups have lost out on investment as a result of Brexit and 60 percent believe this situation will become even more challenging in the next 12 months.