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A fintech investment surge is underway across Europe, with PSD2 regulations going into effect this month and the U.K.’s Open Banking initiative rolling out. Developments in blockchain, mobile and online payments are drawing venture capital funding in most European countries, with the U.K. firmly in the lead.

What’s unknown is how the looming Brexit situation may affect the U.K.’s strong fintech momentum, and where exactly funds would flow if talent and startups flee Britain. Recent data tallying last year's funding activity suggests the U.K. is still on track to lead Europe in fintech investments in 2018, with London at the center of attention.