Edtech is the new Fintech says TechCrunch
Edtech is the next fintech
The education and learning technology sector contributes more than £1 billion to the U.K. economy each year, and in the process has established some of the most innovative startup companies in the world. From Raspberry Pi to Blackbullion to our very own Knowledgemotion, there are now more than 1,000 edtech startups in Britain, ready to lead the world in education innovation.
Other than being the only technology industry to have direct access to schools, colleges and universities, edtech is also the safest bet for investors. Unlike the ups and downs of the financial markets, edtech remains constant, sheltered from many of the pressures of the broader geopolitical landscape. It is somewhat of a safe haven for smart money from smart investors.
But this is just the tip of the iceberg. The opportunities edtech promises the world’s largest content providers, the biggest educational institutions and any investor looking for a “sure thing” are almost endless. While it might be slightly late to the “digital-first” party, edtech is poised to be the biggest and possibly most profitable digitalized sector yet.