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The United Kingdom is a global leading, international centre for financial services. Alongside the United
States, our economies represent over 41 percent of global financial services exports, and the U.S. represents
the U.K.'s largest net financial services export market.
Moreover, and perhaps in more recent times, the value of the U.S. market hasn't escaped U.K. FinTech firms.
From its consumer base and number of transactions, to the availability of venture capital – over $10.5 billion
in FinTech in 2018 – it is clear why U.K. FinTech firms seeking to grow internationally have identified the
United States as their priority export market.
It is for this reason that the U.K. Department for International Trade (DIT) and HM Treasury, in association with
Shearman & Sterling, have sought to produce this guide for FinTech firms looking to enter and expand their
operations in the United States, and to increase cross-border trade in FinTech activity.
The information contained in this document aims to provide expert commentary on the key questions FinTech
firms may ask as they continue their transatlantic journeys from startups to scaleups and to support smooth
growth into the U.S. market.
FOREWORD
