What fintech is available to develop my small business?

Running a small business is extremely challenging and not getting any easier. Research published in October 2017 from the Enterprise Research Centre indicates that just 53.7pc of UK businesses founded in 2013 survived past the three-year mark. Small businesses in the UK, which account for 60pc of private sector employment and 52pc of turnover, according to the Federation of Small Businesses, face a range of challenges in 2019, with economic growth forecast to remain sluggish and continuing uncertainty about how Brexit will play out. In such circumstances, it is vital that small businesses keep their operations as efficient as possible, making the best use of resources and keeping up with the competition. Fortunately, several key innovations in financial technology have revolutionised how businesses operate in the past 15 years, with the benefits felt across the board, from multinationals worth billions of pounds to local businesses with just a handful of employees.