Switzerland and Austria will host their annual UK Fintech Mission. This is the third UK Fintech Mission to Switzerland which, because of its past success, this year encompasses both the Austrian and Swiss markets. The UK Fintech trade mission will take place in Vienna and Zurich on the 6th-7th of February.
According to organizers, both Austrian and Swiss financial institutions will have the opportunity to meet a selected group of innovative companies from the UK.
Jane Owen, her Majesty’s Ambassador to Switzerland and Liechtenstein released a statement on the Mission;
“It is fantastic that so many Government and corporate entities in Switzerland, Liechtenstein and the United Kingdom are joining forces for the UK Fintech Mission to Switzerland … Between January and October 2017, £825 million was invested in the UK’s financial technology companies: double the amount raised in the same period in 2016. This reflects the quality of the UK’s fintech, as does the fact that SIX Group is generously sponsoring this event for the third time in a row.”
Leigh Turner, UK Ambassador to Austria added;
“This will be a showcase of the UK’s entrepreneurial talent and underlines its status as the top global Fintech hub. We are delighted to be working with top Austrian financial institutions to create jobs and opportunity in both markets.”
The mission seeks to simulate new collaborations among members of the UK Fintech delegation with that of financial institutions in Austria and Switzerland. The two previous Swiss missions reportedly recorded new business worth over £30 million.
Neil Harris, Chief Commercial Officer at Global Processing Services, said it was an immense honor to participate in the Mission. Global Processing Services (GPS), a in payment issuer processing that works with companies like Revolut, Glint, Starling Bank, Kerv, Fortress GB and Curve and more.
“This trade mission provides a platform to demonstrate our technology and global capabilities to Financial Institutions based in Austria and Switzerland. It’s a true collaboration, we will learn more about their local market dynamic, and they will benefit in gaining added knowledge on existing technologies that could help them to improve their operations and innovate faster,” said Harris.