Tagged: innovate finance

Funding for Later Stage Fintech Firms Increases in UK & Europe

Innovate Finance and Magister Advisors have published a report that shows later stage Fintech funding rounds are increasing. According to the joint report, entitled “The State of European FinTech: Current Trends and Predictions”, released during the inaugural Innovate Finance FinTech Growth Forum in London, the… Read More

Hogan Lovells Launches FCA Authorisation Tool for Fintechs

Hogan Lovells, a global law firm, is showcasing its recently launched Hogan Lovells “Engage”: Authorization Tool. The new Regtech application aims to guide Fintech startups through the process of authorization from the Financial Conduct Authority (FCA). The tool is free to use on the Hogan Lovells… Read More

EY: 50% of UK Fintechs Expect Revenue to Double by Next Year

According to a census taking by EY and Innovate Finance (on behalf of HM Treasury), UK Fintech firms are quite bullish on their prospects in the coming year. The report, the 2017 UK FinTech Census, states that about half of the firms polled expect revenue… Read More

Lawrence Wintermeyer Departs Innovate Finance, Charlotte Crosswell Steps in as Interim CEO

Lawrence Wintermeyer has stepped down as CEO of Innovate Finance. Wintermeyer has been in the leadership role for the past two years following in the footsteps of the inaugural CEO Claire Cockerton. The UK based association for the global Fintech industry announced that Charlotte Crosswell… Read More

Innovate Finance: Global Fintech Investment Hits $6.5 Billion, UK Fintech Investment Jumps 37%

Innovate Finance is out with a report on global VC investment into Fintech. According to their numbers, the first half of 2017 saw $6.5 billion of VC investment into 787 Fintech deals globally. This was a dramatic decline of 45% versus the same period year… Read More

Innovate Finance to Host Global Summit in London March 2018

Innovate Finance, the independent membership organization that represents the voice of Britain’s global fintech sector, is set to host its global summit in London on March 20th at the Guildhall. The event’s description reads: “Financial technology has evolved into a powerful global movement that has brought… Read More

Innovate Finance Schedules Fintech Growth Forum in September

Innovate Finance, a non-profit membership association for the global Fintech sector, will host the inaugural Fintech Growth Forum to assist Fintech startups on Tuesday 19th September in London. The growth forum is designed to provide a platform for startups to engage and learn about the… Read More

Women in FinTech Powerlist 2017: Submissions are Open Now

Innovate Finance is back once again with their update to the Women in FinTech Powerlist 2017. Last year’s report was widely distributed and I would expect this year’s report to be even better. The list is now open for submissions and you may nominate any… Read More

Championing French Fintech & Fintech Education: An Interview with Anaïs Raoux

Individual Fintech startups can’t disrupt financial services. It takes an ecosystem to do so. We spoke in Paris with Anaïs Raoux, the Managing Director of the industry association France Fintech about how the association helps build an effective ecosystem for French Fintechs ‒ tackling issues… Read More

Innovate Finance Seeks Support From UK Government & Political Parties For Fintech Election Pledge

Innovate Finance, the membership association for global fintech, announced on Thursday it sought support from UK Government, as well as political parties across the spectrum, for its Fintech Election Pledge. While sharing details about the Fintech Election Pledge initiative, Innovate Finance stated: “The United Kingdom’s digital… Read More

Innovate Finance Appoints Natalie Ceeney as Non- Executive Chair

Innovate Finance announced on Monday it has appointed Natalie Ceeney as Non-Executive Chair, taking over from Alastair Lukies. According to the organization, Ceeney has extensive senior leadership experience across a range of sectors, including her time as the CEO of the UK’s Financial Ombudsman.  She previously held three… Read More

Innovate Finance Schedules Event on Cybersecurity in NYC

Innovate Finance, the association for UK’s global Fintech sector, is hosting a forum on cyber security during the inaugural Fintech Week in New York City. Entitled “The Threat is Real: Financial Services, FinTech and Cybersecurity” the event will take place on April 27th at the… Read More

Innovate Finance News: Members to Join UK RegTech Mission to NYC This Week

Innovate Finance announced on Monday its members will be joining a RegTech delegation to New York City this week, which is being organized by the Department for International Trade (DIT). According to the organization, this is DIT’s first RegTech mission to America and will be part of… Read More

BBC: Fintech Provides Better Choices & Services, Enter Monzo, Square (Video)

In this brief video entitled “FinTech How technology is changing the world of finance,” BBC Newsnight spotlights some problems facing SMEs when it comes to collecting payments. Fees overwhelm. Payments delayed. Fintech maverick, Crowdcube campaigner and Monzo CEO Tom Blomfield addresses how lack of competition allows brick… Read More

FCA: It is Our Job to Provide the Conditions that Simplify Regulatory Complexities & Give Space for Firms to Innovate

Christopher Woolard, Executive Director of Strategy and Competition at the FCA, delivered a Keynote address today at the Innovative Finance Global Summit 2017. Woolard, the FCA’s champion for competition and thus a champion for consumers, delivered an important message regarding their regulatory mission: “It is… Read More

Lloyds Banking Group & Innovate Finance Partner on Fintech Mentoring Program

Lloyds Banking Group launched a Fintech mentoring program last year. At that time, Innovate Finance helped to identify suitable start-ups to benefit from the program. The Fintech start-ups benefit from knowledge sharing of experienced Lloyds Banking Group colleagues to aid their development in the financial… Read More

Innovate Finance Celebrates UK’s Status as Leading Fintech Hub During Global Summit

Innovate Finance is holding its Annual Global Summit in London during UK’s Fintech week. Innovate Finance is a public-private membership association that advocates on behalf of all things Fintech both in the UK and globally. The organization reported the more than 2000 attendees from around… Read More

Deloitte Publishes Report on Global Fintech Hubs: A Tale of 44 Cities

Deloitte has published a report on emerging Fintech Hubs around the world that analyses 44 different cities. Entitled “Connecting Global FinTech: Interim Hub Review 2017,” the document was released at the opening of the Innovate Finance Global Summit taking place in London this week. The… Read More

Innovate Finance Shares Findings from UK Fintech Sandbox

Innovate Finance has published a “Sandbox Consultation Finding Preview in concert with the Financial Conduct Authority (FCA). The release took place as Innovate Finance opened its Global Summit 2017. The FCA invited Innovate Finance , a public-private partnership seeking to boost Fintech innovation, to chair an… Read More

UK Fintech Week Agenda Announced. Chancellor of the Exchequer, Philip Hammond: “I see Fintech as an essential sector”

The agenda for next week’s UK Fintech Week 2017 has been announced by the Chancellor of the Exchequer, Philip Hammond. HM Treasury said they were building on last year’s success as the week long gathering brings together financial firms, government, and regulators seeking to boost… Read More