Originally published in Entrepreneur

By Shawn Atkinson

When it comes to tech, Europe has never been a more exciting place to do business.

Many of today’s best technology innovations come from Europe rather than Silicon Valley, helped by a culture where regulators exhibit a flexibility and willingness to adapt rules to encourage innovation.

That’s especially evident in Europe’s flourishing fintech sector, where the welcoming regulatory environment is attracting capital at a record pace. The State of European Tech 2017 report from Atomico and Slush reveals that Europe attracted record investment of just over $19 billion in its tech sector last year, up from $14.4 billion in 2016. And despite Brexit, the United Kingdom is the largest European destination for capital invested in technology.

Fintech is a particular strength.

Whether it’s the increased security of chip and PIN credit and debit cards, contactless payment or credit card aggregators that allow users to choose from any number of credit cards on their smartphone, many of the best tech innovations are coming from Europe.

Read the full article at https://www.entrepreneur.com/article/314789

Shawn Atkinson is a Partner at Orrick, Herrington & Sutcliffe LLP.