4 London Neighbourhoods Where Startups Are Flourishing

London’s startup scene is growing faster than any other city in Europe, with more than 180,000 new tech businesses planting the flag in the capital, according to the European Digital City Index. London’s abundance of talent, strong financial links and huge cultural centre are all factors that lure the hopeful to London with nothing but an idea and a MacBook Pro to their names.   

Here is where the startups are starting up. 

Canary Wharf

Fintechs are wild about the E14, London’s historical financial centre. Europe’s largest technology accelerator, Level39, dominates the scene, nurturing hundreds of young startups.

Who's here:

• CityFalcon uses Twitter to give traders investment signals.
• Credits, a blockchain provider to the UK government after the firm was awarded a place on the G-Cloud 8 contractor framework by the Crown Commercial Service.
• Datasift crunches data from news, social media and blogs to help companies make decisions.

Covent Garden

Yes, it’s central and that means it’s pricey, but some startups prize the accessibility to resources and people over affordability.

Who's here:

• Onfido provides instant, worldwide background check solutions powered by machine-learning software to verify that a person is who they say they are.
• IntentHQ uses billions of customer data points to build rich customer profiles.

Tech City

Tech City—which covers Old Street, Shoreditch and Moorgate—is home to a mash-up of startups from fashion to Fintech and everything in between. 

Who's here:

• Actimize helps organization detect, prevent and investigate money laundering, fraud and compliance violations. They are digital crime fighters. 
• Holition is a creative studio that makes digital products for retailers. 
• Seatwave allows users to buy and sell tickets for concerts, theatre, sports and just about any other live event.
• Improbable created a distributed OS enabling users to create huge simulations inhabited by millions of complex entities. It’s used for video games, economics and city planning.

Camden

With music shops and vintage stores fading into the background, Camden is loosening its grip on its reputation as a hippie hangout as more startups pour into the area. 

Who's here:

• Mumsnet, the UK's most popular website for parents, is based in Kentish Town.
• Just Park matches people with parking spaces to spare with people desperate to park. It’s the Airbnb of parking. 
• Interchange is a huge co-working space for technical entrepreneurs.