Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Uncertainty over Brexit has created a 33.7% decrease in UK venture capital (VC) investment for fintech firms, according to research by Innovate Finance. Investment was down to $783 million – less than two thirds of 2015 investment of $1.2 billion. Nine of the top 20 UK deals closed post Brexit, with total investment after the […]
Belgium is making overtures to London’s fintech scene as it looks a build a bridge between both communities. Innovate Finance, a UK-based fintech membership association, held talks today (11 January) in London with a delegation from Belgium’s digital finance community led by the Minister of Finance Johan Van Overtveldt. As part of this meeting, Overtveldt […]
Innovate Finance, a UK-based fintech membership association, has unveiled its first ever start-up competition, Pitch360. Open to applicants from around the world, Pitch360 offers a 360-second (six minute) pitch of a new business and product in front of a live audience of influencers, investors and media professionals as well as access to Innovate Finance’s member […]
Innotribe, Swift’s innovation arm, and membership organisation Innovate Finance have launched a Global FinTech Hubs Federation (GFHF) to help foster innovation. To date, more than 20 countries – including Canada, China, Germany, Mexico, Switzerland, and the UK – are participating in the GFHF, with more countries expected to join in the coming months. Lawrence Wintermeyer, […]
It’s hard to believe that it’s been just under two weeks since the UK narrowly voted in favour of Brexit. The pace of breaking news across the political and economic spheres has been brisk. In and amongst what is a great deal of uncertainty about the UK’s future relationship with the European Union, FinTech Futures, […]
Fintech association Innovate Finance has launched UK Fintech 2020, a manifesto that sets out goals for the UK to be a centre for financial services. These include calls for increased investment in fintech, efforts to attract more fintech firms and the creation of more jobs in the sector.