Brexit spurs London start-ups to investigate Berlin move

  • BERLIN/LONDON (Reuters) – Ten London start-ups have made inquiries about moving to Berlin since Britain voted to leave the European Union, business development group Berlin Partner said on Monday.
  • “Berlin is a boom town for companies focusing on fintech.
  • Workers walk through the More London business district with Tower Bridge seen behind in London, Britain, November 11, 2015.
  • The fintech start-ups that have made inquiries employ between 10 and 18 people each and have expressed interest in matters such as commercial property prices, the local labour market and accommodation availability, Berlin Partner Director Stefan Franzke said.
  • “The outcome of the EU referendum is bad news for London and for fintech, it’s not what we wanted,” Agrawal said. “

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BERLIN/LONDON (Reuters) – Ten London start-ups have made inquiries about moving to Berlin since Britain voted to leave the European Union, business development group Berlin Partner said on Monday. Along with other European cities, Berlin is jostling for a piece of London’s financial technology industry


Brexit spurs London start-ups to investigate Berlin move