英国金融科技行业市场前景及投资研究报告-培训课件外文版2024.6微信支付宝

DIGITAL

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TRENDSFintechintheUnitedKingdomCHAPTER

01OverviewNumberoffintechcompaniesintheUnitedKingdom(UK)from2012to2024NumberoffintechsintheUK2012-20243,5003,0002,5002,0001,5003,1683,1203,0212,8012,5502,2871,9391,6721,395100050008357202012201320142016201720182019202020212022202320244Description:ThenumberoffintechsintheUnitedKingdomgrewsharplybetween2012and2024,thoughthegrowthratesloweddownafter2018.AsofMarch2024,therewereatotalof3,168fintechcompaniesintheUK,aslightincreasecomparedtothepreviousyear.ReadmoreNote(s):UnitedKingdom;2012to2024Source(s):CrunchBase;NumberoffintechusersintheUnitedKingdom(UK)from2017to2023,withforecastsfrom2024to2028,bysegment(inmillions)NumberoffintechusersintheUK2017-2028,bysegmentDigitalPaymentsDigitalInvestmentNeobankingDigitalAssets807060504030201002017201820192020202120222023202420252026202720285Description:ThenumberoffintechusersintheUKincreasedgraduallyinallobservedsegmentsbetween2017and2023.Thedigitalpaymentssegmentoftheindustryboastsbyfarthehighestnumberofusers.Asof2023,thissegmenthadanestimated53.87millionusers.AccordingtoNote(s):MarketInsights,theuserbaseofeachsegmentisforecasttoexpandevenfurtherinthefollowingyears.ReadmoreSource(s):RevenueofthefintechindustryintheUnitedKingdom(UK)from2018to2023,withforecastsfrom2024to2028,bysegment(inbillionU.S.dollars)RevenueofthefintechindustryintheUK2018-2028,bysegmentDigitalAssetsDigitalInvestment876543210201820192020202120222023202420252026202720286Description:TherevenueofthefintechindustryintheUKgrewsharplybetween2018and2023,despiteanotabledecreasein2022.In2023,theestimatedrevenueoftheindustrywas3.37billionU.S.dollars,mostofitgeneratedbythedigitalassetssegment.AccordingtoMarketInsights,fintechrevenueisforecasttogrowgraduallyinthecomingyears,reaching6.7billionU.S.dollarsin2028.ReadmoreNote(s):UnitedKingdomSource(s):TransactionvalueofthefintechindustryintheUnitedKingdom(UK)from2017to2023,withforecastsfrom2024to2028,bysegment(inbillionU.S.dollars)TransactionvalueofthefintechindustryintheUK2017-2028,bysegmentDigitalCapitalRaisingDigitalPaymentsNeobanking2,5002,0001,5001,00050002017201820192020202120222023202420252026202720287Description:ThetransactionvalueofthefintechindustryintheUKincreasedgraduallybetween2017and2023,reaching1.2trillionU.S.dollarsin2023.Thelargesttransactionvaluewasgeneratedintheneobankingsegment,withroughly781.6billionU.S.dollars.AccordingtoMarketInsights,transactionvaluewillincreaseinthefollowingyearsaswell,exceeding2.3trillionU.S.dollarsin2028.ReadmoreNote(s):UnitedKingdom;2017to2023;datashownisusingcurrentexchangeratesandreflectsmarketimpactsoftheRussia-UkrainewarSource(s):MobileinternetusagepenetrationintheUnitedKingdomfrom2014to2029MobileinternetusagereachintheUnitedKingdom2014-202910093.8293.9894.194.1993.2893.5992.8592.2691.4490.388.7186.51908070605040302010083.4879.3373.8166.7420142015201620172018201920202021202220232024202520262027202820298Description:ThepopulationsharewithmobileinternetaccessintheUnitedKingdomwasforecasttocontinuouslyincreasebetween2024and2029byintotal0.9percentagepoints.Afterthefifteenthconsecutiveincreasingyear,themobileinternetpenetrationisestimatedtoreach94.19percentandthereforeanewpeakin2029.Notably,thepopulationsharewithmobileinternetaccessofwascontinuouslyincreasingoverthepastyears.

ReadmoreNote(s):UnitedKingdom;2014to2029;allvaluesareestimatesSource(s):CHAPTER

02InvestmentlandscapeNumberofinvestmentsinthefintechsectorinEuropein2023,bycountryLeadingcountriesinEuropebynumberoffintechinvestmentdeals2023Numberofdeals05010097150200250300350400450UnitedKingdomFrance409GermanySwitzerlandSpain867654NetherlandsSweden393631ItalyDenmarkBelgium20910Description:In2023,theUnitedKingdomsawbyfarthelargestnumberoffintechinvestmentdealsinEurope.Therewere409investmentdealsintheUKthatyear,overfourtimeshigherthaninFrance,whichsawthesecond-highestnumberofdeals.Germanyrankedthird,with86dealsregistered.ReadmoreNote(s):Europe;2023Source(s):InnovateFinanceValueofinvestmentinthefintechsectorinEuropein2023,bycountry(inbillionU.S.dollars)LeadingcountriesinEuropebyfintechinvestmentvalue2023InvestmentvalueinbillionU.S.dollars0123456UnitedKingdomFrance5.11.21.1GermanySwitzerlandNetherlandsSpain0.590.260.24Sweden0.20.11DenmarkItaly0.10.1Belgium11Description:TheUnitedKingdomaccountedforthehighestvalueoffintechinvestmentinEuropein2023,withthetotalinvestmentvalueexceedingfivebillionU.S.dollars.ThiswassignificantlyhigherthanthevalueofinvestmentinFrance,thecountrywiththesecond-highestfintechinvestmentvalue.Germanyrankedthird,completingthelistofEuropeancountrieswhosefintechinvestmentvalueexceededonebillionU.S.dollars.ReadmoreNote(s):Europe;2023Source(s):InnovateFinanceTotalvalueofinvestmentintofintechintheUnitedKingdom(UK)from2014to2023(inbillionU.S.dollars)ValueofinvestmentintofintechintheUK2014-202316141210814.6213.395.4665.124.613.814203.421.491.250.94201420152016201720182019202020212022202312Description:ThetotalinvestmentvalueintofintechintheUnitedKingdomdroppedsharplyin2023,afteraperiodofcontinuousincreaseininvestmentvalue.Thevalueofinvestmentstoodat5.12billionU.S.dollarsin2023,downfrom14.62billionU.S.dollarsayearearlier.ReadmoreNote(s):UnitedKingdom;2014to2023Source(s):InnovateFinanceNumberofinvestmentdealsinfintechintheUnitedKingdom(UK)from2014to2023NumberofinvestmentdealsinfintechintheUK2014-20237006005004006266114574304093533073001971782001000135201420152016201720182019202020212022202313Description:Between2014and2022,thenumberoffintechinvestmentdealsintheUKincreasedannually,withanexceptionallysharpincreasein2021.After2021,however,investmentactivitydropped,with2023reportingthelowestnumberofdealssince2019.Thevalueofinvestmentalsofellsignificantlyduringthesameperiod.ReadmoreNote(s):UnitedKingdom;2014to2023Source(s):InnovateFinanceValueofventurecapitalfintechinvestmentintheUnitedKingdom(UK)from2017to2022(inbillionU.Sdollars)ValueofVCfintechinvestmentintheUK2017-2022161412101411.486.55.5642.92.82020172018201920202021202214Description:Thevalueofventurecapital(VC)investmentsintofintechintheUnitedKingdom(UK)amountedto11.4billionU.S.dollarsin2022,whichwasadecreasecomparedtothepreviousyearbutstillremainedhigherthanpriorto2021.Between2017and2022,thevalueofVCinvestmentsgrewsharply,with2021recordingthehighestvalueofVCinvestments(14billionU.S.dollars).ReadmoreNote(s):UnitedKingdom;2017to2022Source(s):Dealroom.coLargestfintechinvestmentdealsintheUnitedKingdom(UK)in2023LargestfintechinvestmentdealsintheUK2023DealvalueinbillionU.S.dollars012345678FinastraAbound6.90.6Updraft0.340.31SumupRedpin0.18QuantexaAtombankNetcraft0.130.120.110.115Description:TherecapitalizationofthepaymentscompanyFinastrawasbyfarthelargestfintechdealintheUnitedKingdomin2023.Withadealvalueof6.9billionU.S.dollars,thiswastheonlymulti-billiondollarfintechdealinthecountryin2023.Abound'searly-stageVCdealrankedsecond,withadealvalueof0.6billionU.S.dollars.ReadmoreNote(s):UnitedKingdom;H12021;Thesourcedefinesa"megadeal"asadealabove100millionU.S.dollarsSource(s):InnovateFinance;KPMG;PitchBook;CHAPTER

03DigitalbanksOnlinebankingusageintheUnitedKingdom(UK)from2007to2022ShareofpeopleusingonlinebankingintheUK2007-2022100%90%80%70%60%50%40%30%20%10%0%86%86%80%78%74%68%64%58%57%54%52%50%45%45%38%32%200720082009201020112012201320142015201620172018201920202021202217Description:OnlinebankingusageintheUKincreasedsteadilybetween2007and2022.In2007,aroundonethirdoftheBritishpopulationusedonlinebanking,whichincreaseduptoover90percentasof2022.Bankingandfinancialservicesaretypicallyamongthefirstindustriestoembracetechnologicaladvances;startingasfarbackintimeastheappearanceofautomatedtellermachines(ATMs)andcreditcards.EversincethefirstsecureInternetsystemsforfinancialoperationsbecameavailableona[...]

ReadmoreNote(s):UnitedKingdom(GreatBritain);2007to2022Source(s):NumberofneobankingusersintheUnitedKingdom(UK)from2018to2023,withforecastsfrom2024to2028(inmillions)NumberofneobankingusersintheUK2018-2028353028.9328.227.0625.2925201510522.6719.114.2411.7720217.884.92.940201820192020202220232024202520262027202818Description:ThenumberofneobankingusersintheUKincreasedsignificantlybetween2018and2023,reaching19millionin2023.Accordingtoyears,reaching28millionin2028.ReadmoreMarketInsights,theuserbaseoftheneobankingindustryintheUKwillexpandevenfurtherinthefollowingNote(s):UnitedKingdom;2018to2028Source(s):MarketInsightsNetinterestincomeofthedigitalbankingindustryintheUnitedKingdom(UK)from2017to2023,withforecastsfrom2024to2028NetinterestincomeofdigitalbanksintheUK2017-2028250194.1200181.64166.43148.3115010050125.7399.1768.346.08202127.27202015.9320197.814.09020172018202220232024202520262027202819Description:ThenetinterestincomeofdigitalbanksintheUKgrewsteadilybetween2017and2023,reachingover99billionU.S.dollarsin2023.AccordingtoMarketInsights,theinterestincomeofthesectorwillincreasefurtherinthefollowingyears,reaching194billionU.S.dollarsin2028.ReadmoreNote(s):Source(s):ValueofcustomerdepositsatdigitalbanksintheUnitedKingdom(UK)from2017to2023,withforecastsfrom2024to2028ValueofdepositsatdigitalbanksintheUK2017-20286,0005,0005,182.974,864.534,475.34,007.14,0003,0002,0001,00003,416.062,712.981,884.511,432.852021863.352020482.112019269.662018149.022017202220232024202520262027202820Description:Between2017and2023,thevalueofcustomerdepositsatdigitalbanksintheUKgrewsharply,reaching2.7trillionU.S.dollarsin2023.AccordingtoStatista'sFinancialMarketInsights,thevalueofdepositsisforecasttogrowevenfurtherinthefollowingyears.By2028,thetotalvalueofcustomerdepositsisestimatedtoexceedfivetrillionU.S.dollars."ReadmoreNote(s):Source(s):LeadingneobankingandneobrokeragebrandsrankedbybrandawarenessintheUnitedKingdomin2023Mostwell-knownneobankingandneobrokeragebrandsintheUK2023Shareofrespondents0%10%20%30%40%50%60%70%80%MonzoRevolutStarlingeToro77%71%61%39%AtomBankWiseMoneseFreetradeTrading212Curve37%27%26%25%25%24%IG21%20%20%CashplusTandem21Description:MonzoisthemostpopularneobankingandneobrokeragebrandintheUK.Foundedin2015,theLondon-basedbankisrecognizedby77percentofinternetrespondents.Revolut,withabrandawarenessof71percent,comessecondinthislist,followedbyStarlingandeToro.ReadmoreNote(s):UnitedKingdom;OctobertoNovember2023;1244respondents;18to64yearsSource(s):ConsumerInsightsLeadingneobankingplayersintheUnitedKingdom(UK)in2022,bybrandshareKeyplayersinneobankingintheUK2022,bybrandshareBrandshare10%0%5%15%20%25%24%30%MonzoRevolut19%CashApp14%StarlingBank12%GoHenryYouthDebitCard&App6%ZopaStocard4%3%AtombankOther2%16%22Description:MonzowastheleadingneobankingplayerintheUnitedKingdom(UK)intermsofbrandsharein2022.TheLondon-basedneobankhadabrandshareof24percent.ItwasfollowedbyRevolut,whichhadabrandshareof19percent,andCashApp,withabrandshareof14percent.CashApp,whichisnotstrictlyaneobankbutamobilefinancialserviceprovider,wasfollowedbyStarlingBank,withabrandshareof12percent.ReadmoreNote(s):UnitedKingdom;March2023Source(s):MarketInsightsNumberofdigitalormobileactivecustomersatselectleadingbanksintheUnitedKingdom(UK)in2023(inmillions)NumberofdigitalcustomersatleadingbanksintheUK2023NumberofcustomersinmillionsMobileappusers15Digitallyactive20051025303534.8640HSBC*LloydsBankingGroupNatwestBankingGroupBarclays18.721.59.810.911SantanderUK**VirginMoney***Nationwide74.624.61.61.9AIB(UK)23Description:In2023,amongthelargestbanksheadquarteredintheUnitedKingdomthatreportedofficialnumbersofdigitalormobileappusers,HSBChadthelargestdigitallyactivecustomerbase,with34.86million.LloydsBankingGroupfollowed,withadigitallyactivecustomerbaseof21.5million,ofwhich18.7millionwereactiveappusers.ReadmoreNote(s):UnitedKingdom;2023Source(s):Varioussources(annualreports,pressreleases)NumberofcustomersatselecteddigitalbanksintheUnitedKingdom(UK)in2023(inmillions)NumberofcustomersatselecteddigitalbanksintheUK2023Numberofcustomersinmillions15

20051025303540Revolut(October2023)Monzo(May2023)357.5StarlingBank(March2023)Monese(2023)3.62AtomBank(2023)0.2224Description:InFebruary2018,theLondon-basedapp-onlybank,Revolut,announcedthattheyhit1.5millioncustomers,afigurethatgrewto25millionbyNovember2022andto35millionbyNovember2023.Withthisexceptionalcustomerbase,RevolutisthemostcommonlyuseddigitalbankintheUK.In2023,Monzorankedsecond,with7.5millioncustomersannouncedinMay.StarlingBankfollowedwithacustomerbaseof3.6millionasofMarch2023.ReadmoreNote(s):UnitedKingdom;2023;Figureshavebeencollectedbyfromcompanyannouncements,pressreleases,andannualreports.Referencedatesaredifferentforeachbank.Insomecases,nospecificreportingdateisavailable(onlytheyear).Source(s):Varioussources(companyannouncements,pressreleases,annualreports)CHAPTER

04DigitalpaymentsMarketshareofcash,creditcards,andotherpaymentmethodsatpointofsale(POS)intheUnitedKingdom(UK)from2017to2023,withaforecastfor2027Mostusedin-store(POS)paymentmethodsintheUK2017-2023,with2027forecast201755%15%5%22%1%-201948%18%4%27%1%-202049%21%8%202145%28%9%202247%29%10%10%1%202346%28%14%10%2%202737%25%29%6%DebitcardCreditcard(incl."chargecard"since2021)*E-wallet,Digital/mobilewalletCash13%2%11%1%Prepaidcard2%POSfinancing*4%-2%1%1%BuyNow,PayLater(splitofffrom"POSfinancing"in2021)*---3%---Retailer/bankfinancing(splitofffrom"POSfinancing"in2021)*---2%-------Chargecard*2%2%3%26Description:CashuseinUKtransactionsdeclinedforthesuccessiveyear,whilethemarketshareofdebitandcreditcardsincreasedagain.DebitcardswerethemostpopularmethodinPOStransactionsintheUnitedKingdomin2022,accountingfor47percentoftransactions.Thiswasfarhigherthantransactionswithbanknotesorcoins,accountingfor10percentofbrick-and-mortarpaymentsin2022.TheUK'sshareofcashwasoneofthelowestworldwide,accordingtobothaglobalsurveyoncash[...]

ReadmoreNote(s):UnitedKingdom;March2024;*Thesourcemadechangestoitscategoriesin2021,seethe"Details"tabformoreinformation.Source(s):GlobalData;IMF;McKinsey&Company;WorldBank;WorldpayPenetrationrateofcreditcardsintheUnitedKingdomfrom2014to2029PenetrationrateofcreditcardsintheUnitedKingdom2014-20297065.3764.5464.1263.7262.8962.9162.1161.9761.7961.6961.5961.461.2161.0260.8460.686050403020100201420152016201720182019202020212022202320242025202620272028202927Description:ThecreditcardpenetrationintheUnitedKingdomwasforecasttocontinuouslydecreasebetween2024and2029byintotal0.9percentagepoints.Afterthetwelfthconsecutivedecreasingyear,thecreditcardpenetrationisestimatedtoreach60.68percentandthereforeanewminimumin2029.ReadmoreNote(s):UnitedKingdom;2014to2029;allvaluesareestimatesSource(s):PenetrationrateofdebitcardsintheUnitedKingdomfrom2014to2029PenetrationrateofdebitcardsintheUnitedKingdom2014-202912096.3710080604020094.795.4695.1495.0595.0194.9794.9494.994.8694.8294.4493.0692.4493.4391.45201420152016201720182019202020212022202320242025202620272028202928Description:ThedebitcardpenetrationintheUnitedKingdomwasforecasttocontinuouslydecreasebetween2024and2029byintotal0.2percentagepoints.Accordingtothisforecastin2029,thedebitcardpenetrationwillhavedecreasedfortheeighthconsecutiveyearto94.82percent.ReadmoreNote(s):UnitedKingdom;2014to2029;allvaluesareestimatesSource(s):ValueofcreditcardtransactionsforpaymentsintheUnitedKingdom(UK)from2012to2022(inmillionBritishpounds,andestimatesinU.S.dollars)AnnualcreditcardspendingintheUK2012-2022,inlocalcurrencyandUSDTransactionvolumeinmillionBritishpoundsTransactionvolumeinbillionU.S.dollars300,000250,000200,000150,000100,00050,00002012201320142015201620172018201920202021202229Description:ThevalueofcreditcardpaymentsintheUnitedKingdomreachedanall-timehighin2022,growingbynearly50billionBritishpoundsthatyear.2022isthesecondconsecutiveyearinwhichcreditcardexpensesgoup.Thesourceclaimsthatlockdownrestrictionsinthesummerof2020limitedcreditcardpayments.Themonthlycreditcardexpensesdidincreaseoverthecourseofthattimeframe,reachingnearpre-pa

cfiguresinJuly2021.

ReadmoreNote(s):UnitedKingdom;2012to2022;Figureshavebeentakenfrommultiplemonthlypublications,convertedtoannualfigures,andthenestimatedtoU.S.dollarsby

FiguresareonbothUKandoverseasissuedcards,andincludepurchases,cashadvancesandbalancetransfersSource(s):BankforInternationalSettlements;UKFinance;WorldBankValueofdebitcardtransactionsforpaymentsintheUnitedKingdom(UK)from2012to2022(inmillionBritishpounds,andestimatesinU.S.dollars)AnnualdebitcardspendingintheUK2012-2022,inlocalcurrencyandUSDTransactionvolumeinmillionBritishpoundsTransactionvolumeinmillionU.S.dollars1,200,0001,000,000800,000600,000400,000200,00002012201320142015201620172018201920202021202230Description:ThevalueofpaymentsmadewithdebitcardsintheUnitedKingdomgrewbyroughly12percentin2021.Thismeantanaccelerationofthegrowthrecordedinpreviousyears,althoughpandemicyear2020didcauseasizableslowdownofthisgrowth.Debitcardsrankasthemostpopularin-storepaymentmethodintheUKforseveralyears,althoughtheirmarketsharediddecline.Mobilewallets,especially,areofgrowingimportanceintheretailtransactionspaceinthecountry.

ReadmoreNote(s):UnitedKingdom;2012to2022;CardsissuedbyresidentPSPs;Nofigureswereprovidedfrombefore2012Source(s):BankforInternationalSettlements;UKFinance;WorldBankValueofoverallcontactlesstransactionsforpaymentsintheUnitedKingdom(UK)from2014to2022(inmillionBritishpounds,andestimatesinU.S.dollars)AnnualcontactlessspendingintheUK2014-2022,inlocalcurrencyandUSDTransactionvolumeinbillionBritishpoundsTransactionvolumeinbillionU.S.dollars300,000250,000200,000150,000100,00050,0000201420152016201720182019202020212022(YTD-Nov2022)31Description:ThevalueoftransactionsmadeusingcontactlesscardsintheUnitedKingdomgrewbynearly40percentin2022.Thesourceopenlystatesthesenumbersincludebothcreditanddebitcards-withthelattermakingupthemajorityoftransactions-butdoesnotmentiontaptopaytransactionswithsmartphonesorwearables.UpuntilNovember2022,transactionsusingcontactlesscardsamountedtoapproximately231billionBritishpounds.

ReadmoreNote(s):UnitedKingdom;March2014toNovember2022;Figuresincludebothcreditcardsaswellasdebitcards;Figuresfor2017and2022wereincompleteasofFebruary2023Source(s):OECD;UKFinanceMostcommononlinepaymentsbytypeintheUKasofDecember2023MostcommononlinepaymentsbytypeintheUK2023Shareofrespondents0%10%20%30%40%50%60%70%68%DebitcardOnlinepaymentservices(e.g.,PayPal,AmazonPay)59%57%DirectdebitCreditcard47%Prepaidcards/vouchersCashondelivery17%15%Byinvoice10%10%CashinadvanceIhavenotconductedanypaymentsonlineOther2%1%32Description:"Debitcard"and"Onlinepaymentservices(e.g.,PayPal,AmazonPay)"arethetoptwoanswersamongUKconsumersinoursurveyonthesubjectof"Mostcommononlinepaymentsbytype".

ReadmoreNote(s):UnitedKingdom;JanuarytoDecember2023;4034respondents;18-64yearsSource(s):ConsumerInsightsMostusedmobilepaymentsbybrandintheUKasofDecember2023MostusedmobilepaymentsbybrandintheUK2023Shareofrespondents0%10%20%30%40%50%60%70%68%ApplePayGooglePay31%30%PayPalCashApp12%10%9%8%MastercardClicktoPay(Masterpass)RevolutSamsungPayBitpay6%5%4%3%3%2%ChasePayFitbitPayBoon.GarminPayOther33Description:WeaskedUKconsumersabout"Mostusedmobilepaymentsbybrand"andfoundthat"ApplePay"takesthetopspot,while"GarminPay"isattheotherendoftheranking.ReadmoreNote(s):UnitedKingdom;JanuarytoDecember2023;1336respondents;18-64years;respondentswhousedmobilepaymentinrestaurants,storesandotherpointsofsaleinthepast12months(Health,Finance,Insurance)Source(s):

ConsumerInsightsMostusedonlinepaymentsbybrandintheUKasofDecember2023MostusedonlinepaymentsbybrandintheUK2023Shareofrespondents0%10%20%30%40%50%60%70%80%90%100%PayPal82%ApplePay39%VisaCheckout28%GooglePay25%AmazonPay20%19%KlarnaClearpay13%MastercardClicktoPay(Masterpass)10%LaybuyAstroPay4%2%2%SkrillMetaPay(Facebook)Neteller1%1%1%1%TrustlyOther34Description:WeaskedUKconsumersabout"Mostusedonlinepaymentsbybrand"andfoundthat"PayPal"takesthetopspot,while"Trustly"isattheotherendoftheranking.ReadmoreNote(s):UnitedKingdom;JanuarytoDecember2023;2369respondents;18-64years;respondentswhousedonlinepaymentmethods(Health,Finance,Insurance)Source(s):ConsumerInsightsCHAPTER

05CryptocurrencyCryptoAdoptionIndexrankingoftheUnitedKingdom(UK)from2020to2023,bymetricAnnualcryptoadoptiondevelopmentintheUK2020-2023,bymetricRank

ofindividual

weighted

metrics

feeding

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indexOverallranking(outof146countries)202014202121202217202314Overallindexscore(1=highest,0=lowest)0.33150.13120.47140.1215On-chaincryptocurrencyvaluereceivedatcentralizedexchanges,rankingOn-chainretailvaluereceivedatcentralizedexchanges,ranking19151420Numberofon-chaindeposits,ranking4217n/a94n/a71n/a388Peer-to-peer(P2P)exchangetradevolume,rankingOn-chaincryptocurrencyvaluereceivedfromDeFiprotocols,rankingn/an/a12On-chainretailvaluereceivedfromDeFiprotocols,rankingn/an/a11836Description:TheUnitedKingdomwasbelievedtobeinthetop20countriesintheworldin2022withregardtocryptoadoption.Thisisaccordingtoamodelbasedonwebsitetrafficpatternsfromindividualwebsitesusedforcryptocurrencytransactions.TheUKranksconsistentlyinthetop20throughouttheyearsunderconsideration,althoughitsP2PactivitiesseemtoloweritsglobalrankingwhencomparedtocountriesfromAsia.ReadmoreNote(s):UnitedKingdom;July2020toJune2023;Ranking(1=highest,146=lowest);Weightedbypurchasingpowerparity(Source(s):Chainalysis;percapitaCryptoownershipamongconsumersintheUnitedKingdom(UK)inthethreemonthspriortoNovember2022,byageandgenderCryptoadoptionintheUKasofNovember2022,byageandgender80%75%70%60%50%40%30%20%10%0%58%32%25%10%9%CryptoownershiprateOfwhich:MaleOfwhich:FemaleOfwhich:18-34yearsOfwhich:35-54yearsOfwhich:55yearsandolder37Description:UKmenwerethreetimesmorelikelytoowncryptothantheirfemalecounterpartsasofNovember2022.Thiswasaccordingtoanonlinesurveyheldontheownershipofmainstreamcryptocurrencies,suchasBitcoin(BTC),Ethereum(ETH),Dogecoin(DOGE),andCardano(ADA).ReadmoreNote(s):UnitedKingdom;August2022toOcober2022;12,509(1,000to2,500percountry);18yearsandolder;Three-monthrollingaverage;NonewnumbersareexpectedfromthissourceafterNovember2022Source(s):EstimatednumberofpeoplewhoholdortradecryptocurrencyintheUnitedKingdom(UK)from4thquarterof2021to4thquarterof2022QuarterlynumberofcryptousersintheUK2021-2022Numberofusers(inmillions)Shareofpopulation(%)55443322110876543210Q42021Q32022Q4202238Description:CryptousersintheUKgrewbynearly1.5millionbetweenthefourthquarterof2022andthefourthquarterof2021.Thisisaccordingtoestimates,compiledfromvariousreportsandresearch.ThenumbersprovidedarefromStatista'sCryptopulsecheck,aquarterlyreportaimedatmappingoutthesizeandcharacteristicsofcryptomarketsin50differentcountriesworldwideinacross-comparableway.Theanonymitybehindcryptocurrencies-akeyfeatureintheirdesign-[...]

ReadmoreNote(s):UnitedKingdom;Q42021toQ42022;All