London is home to 52 unicorn startups, establishing it as a major European tech hub. The financial technology company Revolut leads the group with a valuation of $75 billion.
While the financial technology sector is prominent, with companies like Checkout.com valued at $40 billion, other industries are also represented. For example, the clean energy company Octopus Energy Group has reached a $9 billion valuation.
Below is the full list of 52 London unicorn startups at this time.
Top 10 Most Valuable London Unicorns
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1,600+ Unicorns
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250 BioTech & Health Investors
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250 AI Investors
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250 Fintech Investors
List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Revolut built a financial technology platform that offers banking services, money transfers, and foreign exchange. Their app provides users with tools for spending analytics and managing all their finances in one place.
| Valuation | $75B (Joined April 2018) |
| Year Founded | 2015 |
| Founders | Nikolay Storonsky, Vlad Yatsenko |
| Funding Amount | $1.9B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Undisclosed |
| Top Investors | Bond, Lakestar, Ribbit Capital, Index Ventures, Coatue |
Checkout.com offers a flexible, end-to-end platform for businesses to manage and process digital payments globally. Their unified system is designed to simplify cross-border transactions and improve payment performance for large-scale enterprises.
| Valuation | $40B (Joined May 2019) |
| Year Founded | 2012 |
| Founders | Guillaume Pousaz |
| Funding Amount | $1.8B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series D |
| Top Investors | Insight Partners, Ribbit Capital, Endeavor Catalyst, Coatue, Franklin Templeton |
FNZ provides a wealth management platform that enables financial institutions to deliver personalized investment services. Their technology integrates complex back-office workflows with investment services into a single, end-to-end solution for managing client assets.
| Valuation | $20B |
| Year Founded | 2004 |
| Founders | Adrian Durham |
| Funding Amount | $5.8B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Corporate Round |
| Top Investors | Generation Investment Management, Temasek Holdings, General Atlantic, La Caisse, Raymond James |
Octopus Energy Group supplies renewable electricity and gas to millions of customers globally. They also license their proprietary energy technology platform, Kraken, to other utilities to help accelerate the clean energy transition.
| Valuation | $9B |
| Year Founded | 2015 |
| Founders | Greg Jackson, James Eddison, Stuart Jackson |
| Funding Amount | $2.9B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Private Equity |
| Top Investors | Generation Investment Management, Galvanize Climate Solutions, Lightrock, Origin Energy, CPP Investments |
Rapyd builds a global payments platform that lets businesses embed fintech services into any application. Their system simplifies cross-border commerce by unifying hundreds of local payment methods through a single API.
| Valuation | $8.75B (Joined December 2019) |
| Year Founded | 2016 |
| Founders | Omer Priel |
| Funding Amount | $1.3B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series F |
| Top Investors | General Catalyst, BlackRock, Spark Capital, Oak HC/FT, Stripe |
SumUp creates financial technology that enables businesses to easily accept card payments at the point-of-sale or on the go. They are best known for their simple card readers that pair with a mobile app, making it easy for merchants to process transactions anywhere.
| Valuation | $8.5B (Joined July 2019) |
| Year Founded | 2011 |
| Founders | Jan Deepen, Marc-Alexander Christ, Petter Made, Stefan Jeschonnek |
| Funding Amount | $4B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Private Equity |
| Top Investors | Deutsche Bank, Sixth Street, BlackRock, Temasek Holdings, Goldman Sachs |
Blockchain.com provides a platform for buying, holding, and using cryptocurrency, featuring a widely used wallet, exchange, and data explorer. They are one of the industry's foundational companies, offering both new and experienced users a reliable gateway to digital assets.
| Valuation | $7B (Joined February 2021) |
| Year Founded | 2011 |
| Founders | Benjamin Reeves, Nicolas Cary, Peter Smith |
| Funding Amount | $600M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series E |
| Top Investors | GV, Lightspeed Venture Partners, Coinbase Ventures, Digital Currency Group, Lakestar |
Monzo offers a digital-only bank account that gives users full financial control through a single mobile app. They are widely recognized for their distinctive hot coral card and a transparent approach to banking that simplifies budgeting and saving.
| Valuation | $6B (Joined October 2018) |
| Year Founded | 2015 |
| Founders | Gary Dolman, Jason Bates, Jonas Huckestein, Paul Rippon, Tom Blomfield |
| Funding Amount | $1.8B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series I |
| Top Investors | Accel, HSG, General Catalyst, Goodwater Capital, Stripe |
Vinted operates an online marketplace and community centered around second-hand fashion. The platform allows millions of users to buy, sell, and swap pre-owned clothing, making it easier to participate in the circular economy.
| Valuation | $5.4B (Joined November 2019) |
| Year Founded | 2008 |
| Founders | Greg O’Connor, Justas Janauskas, Mantas Mikuckas, Milda Mitkute |
| Funding Amount | $984.7M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series F |
| Top Investors | Insight Partners, Lightspeed Venture Partners, Accel, TPG, BNP Paribas |
Zepz operates a digital payments platform that powers two leading money transfer brands, WorldRemit and Sendwave. Together, these services enable millions of people to securely send money to family and friends in other countries.
| Valuation | $5B (Joined August 2021) |
| Year Founded | 2010 |
| Founders | Catherine Wines, Ismail Ahmed, Richard Igoe |
| Funding Amount | $1.1B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series F |
| Top Investors | Accel, LeapFrog Investments, TCV, International Finance Corporation, Coller Capital |
The Remaining 42 Unicorns Founded in London
The ten most valued unicorns are an impressive group, but they represent just a fraction of the city's high growth companies. Across London, founders are building businesses that are becoming essential in their fields.
Many of these businesses are in finance and AI, and they have attracted over $20 billion in investment so far. Here’s a look at the other unicorn startups that make London’s tech scene so vibrant.