London’s leading fintechs will sit down with Treasury and FCA officials next week as part of UK Fintech Week, a clear signal that ministers want to keep home‑grown unicorns from seeking listings abroad. City Minister Lucy Rigby and FCA chief Nikhil Rathi will meet CEOs from Revolut, Monzo, Oaknorth and others to discuss regulatory relief and incentives for growth today.

Revolut victory in securing a UK banking licence after a clash with regulators underscores pressure on firms to stay. The licence win coincided with a plunge in fintech IPO applications to zero for 2025, prompting officials to pitch deregulation and listing benefits. Meanwhile, Zilch will host Nikhil Rathi at the Emirates Stadium to chart a strategy for overseas expansion now.

Finance minister Rachel Reeves announced in October that scaling banks and insurers would receive regulatory support, a scheme slated to extend to fintechs this year. By bundling deregulation promises with targeted assistance, the government hopes to preserve jobs and maintain London’s edge as Europe’s fintech hub. The upcoming talks will test whether those incentives can halt a migration of capital.