Tagged: innovate finance

November 26, 2022 @ 9:01 am By Omar Faridi  |  

The UK and Singapore have agreed a new MoU “boosting fintech trade and cooperation at their 7th Financial Dialogue in Singapore.” The UK and Singapore agree a Memorandum of Understanding (MoU) “on the UK–Singapore FinTech Bridge to remove barriers to fintech trade and boost cooperation.”… Read More

July 26, 2022 @ 10:26 am By JD Alois  |  

Popular Open Banking service provider Plaid has announced a new service called Variable Recurring Payments (VRP). Plaid claims the offering can help UK businesses save more than £1.5 billion annually by slicing payment processing fees, according to a company statement. As the name explains, VRP… Read More

July 21, 2022 @ 7:26 pm By JD Alois  |  

While Fintech investment may be slowing in other markets, the United Kingdom appears to be bucking the trend. In a “Summer Investment Report,” Innovate Finance puts a pen to the numbers and they are encouraging. The organization states that during the first 6 months of… Read More

July 14, 2022 @ 9:54 am By JD Alois  |  

Innovate Finance will revisit its video series with BBC.com. First launched in 2020, Innovate Finance produced 33 short video productions covering Fintech. Innovate Finance is a leading voice advocating on behalf of the Fintech industry in the UK, with most Fintechs being members of the… Read More

March 11, 2022 @ 7:56 am By Omar Faridi  |  

Binance UK is pleased to renew its membership at Innovate Finance, which is an independent not-for-profit industry body “representing the UK’s Global FinTech community, as a Scaleup Innovator for another year until 2023.’ As an international player in the digital asset sector, Binance is “committed… Read More

February 21, 2022 @ 3:37 pm By JD Alois  |  

On the one-year anniversary of the Kalifa Review of Fintech, 70 Fintech leaders have published an open letter in support of the industry demanding the UK government do more to promote and support innovative financial services. The Kalifa Review was designed to be a roadmap… Read More

January 10, 2022 @ 10:30 am By Omar Faridi  |  

Innovate Finance, the independent industry body that represents and advances the international Fintech community in the United Kingdom, explains that it aims to accelerate the UK’s role in the financial services sector by “directly supporting the next generation of technology-led innovators.” The UK Fintech sector… Read More

September 12, 2021 @ 11:37 am By Omar Faridi  |  

Women Returners and Innovate Finance have teamed up to establish a cross-company returner program, which aims to encourage professionals to try re-entering the Fintech industry after long-term or extended career breaks. UK’s digital bank Starling, Fintech Unicorn Klarna and PrimaryBid will reportedly take part in… Read More

July 15, 2021 @ 11:08 am By JD Alois  |  

The United Kingdom has long been a top global Fintech hub – a title it is keen to maintain. The combination of a pretty supportive policy environment, a market economy, and a risk-taking entrepreneurial class, has fueled a Fintech boom. More recently, Brexit has challenged… Read More

July 14, 2021 @ 9:17 am By JD Alois  |  

Clausematch, a UK-based Regtech serving global markets, has been selected as the winner of the Innovate Finance Pitch360. Innovate Finance is a Fintech industry group that advocates on behalf of innovation in financial services. According to a note from Clausematch, over 2000 votes were tallied across… Read More

April 19, 2021 @ 9:00 am By JD Alois  |  

The West Midlands has joined the Innovate Finance Fintech National Network, the UK’s first network connecting Fintech hubs and supporting nationwide financial innovation. The West Midlands has been championing its region for some time promoting it as a viable and less expensive to the greater… Read More

April 7, 2021 @ 10:19 am By JD Alois  |  

Charlotte Crosswell, the CEO of Innovate Finance, has announced she will step down from her position on May 1, 2021. Janine Hirt, Innovate Finance’s Chief Operating Officer will become interim CEO at that time. Crosswell has led the Fintech advocacy group since 2017 playing a… Read More

January 20, 2021 @ 11:35 am By JD Alois  |  

Innovate Finance has published a note regarding Fintech investment in the UK. According to their numbers, the UK retains its title as the top investment destination in Europe for Fintech firms at with $4.1 billion in venture capital and growth private equity invested across a… Read More

September 24, 2020 @ 11:04 pm By JD Alois  |  

In a statement today, the UK Chancellor of the Exchequer Rishi Sunak announced an extension of Coronavirus programs that support impacted businesses. The Chancellor announced that the Bounce Back Loan scheme will offer greater repayment flexibility for firms including an extension of the length of… Read More

August 28, 2020 @ 9:37 am By Omar Faridi  |  

Peer to peer (P2P) lenders in the UK have, at times, been criticized for not being able to offer the best services to their clients. However, they’ve also recently been praised for their overall approach and response to the Coronavirus outbreak which has created many… Read More

July 21, 2020 @ 2:00 pm By JD Alois  |  

The 36H Group launched in January of 2020 as the unified voice for lending platforms that accept retail investments. 36H replaced the UK Peer to Peer Finance Association, a group that had long been a prominent advocate for the emerging P2P lending sector – a… Read More

June 30, 2020 @ 10:45 pm By Omar Faridi  |  

UK-based Fintech firms may be forced to shut down due to COVID-19 and resulting socio-economic challenges. Most Fintechs in the UK have reportedly not received the assistance they need from the nation’s government, according to a recent survey published by Innovate Finance. Fintechs with 25… Read More

June 30, 2020 @ 11:05 am By Olivia Halsall  |  

Between June 2nd – 14th 2020, Innovate Finance, Tech Nation, and the Fintech National jointly distributed a 14-question online, anonymous survey. With particular regard to funding and investment, the purpose of the survey was to collate and analyse data on how the UK Fintech Sector… Read More

June 15, 2020 @ 8:00 am By JD Alois  |  

Joint study to provide timely data and actionable insights on how the pandemic has affected the Fintech industry globally The Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge Judge Business School is partnering with the World Bank Group and the World Economic… Read More

May 1, 2020 @ 12:07 pm By JD Alois  |  

Innovate Finance, the top Fintech advocacy group in the UK, has appointed Mike Carter as Head of Platform Lending to lead 36H Group. “I’m delighted to be appointed to this new role to promote the platform lending sector. To date, the sector has delivered steady… Read More