Tagged: innovate finance

UK Fintech Leaders Publish Open Letter Calling for More Innovation Support on Anniversary of Kalifa Review

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

Innovate Finance Responds to FCA Discussion Paper, “Sustainability Disclosure Requirements and Investment Labels”

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

Women Returners and Innovate Finance Establish Cross-Company Return Program for Fintech Professionals

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

The UK is Still Killing it When it Comes to Fintech as 2021 Sees Record $5.7 Billion in Venture Funding

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

Regtech Clausematch Receives Top Prize at Innovate Finance Pitch360

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

UK: West Midlands Joins the Fintech National Network as Tech Hub Expands

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

Charlotte Crosswell Announces Exit as CEO of Innovate Finance

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

Innovate Finance: The UK Retains European Fintech Investment Crown in 2020

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

UK Extends Coronavirus Support Programs for Businesses

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

UK’s Innovate Finance CEO Charlotte Crosswell Says She’s Encouraged by Effective Response of P2P Lenders Following COVID-19 Outbreak

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

36H Group and the Future of Fintech: We should leverage the innovation in financial services and use it to enable economic recovery

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

Majority of UK Fintech Firms Say they haven’t Received Adequate Funding to Survive COVID-19: Report

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

The Impact of Covid-19 on UK Fintech and the Gaping Funding Gap

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

CCAF: New Global Research Initiative Targets the Impact of COVID-19 on Global Fintech Markets

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

Mike Carter Appointed to Lead 36H Group, the P2P Lending Arm of Innovate Finance

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

UK Government Adds COVID-19 Program to Support Early Stage Ventures. Is it Enough?

In a widely anticipated move, HM Treasury announced a new package of bailout programs for early-stage ventures that did not qualify for programs initially set into place to support the COVID-19 battered economy. There have been profound concerns that younger, entrepreneurial firms that require ongoing… Read More

#PutFinTechToWork – Innovate Finance CEO Publishes Open Letter in Support of Fintech

Charlotte Crosswell, CEO of Innovate Finance, has posted an open letter in support of Fintech utilization during the COVID-19 pandemic. In the UK, the government has received some criticism for being slow to empower Fintech’s to help facilitate the Coronavirus programs designed to support the… Read More

Innovate Finance Cancels April Event, the Flagship Event of UK Fintech Week

Innovate Finance has decided to cancel its annual event, IFGS, the flagship event of UK Fintech Week. IFGS was scheduled to take place on April 20-21 at Guildhall, London. Innovate Finance joins a growing list of events and conferences that have been canceled or postponed due… Read More

Women in Fintech Standout Star Raises Capital on Seedrs for Startup Lifetise

Earlier today, Innovate Finance announced its annual Women in Fintech Powerlist that recognizes women changing the world of finance. As part of this list, Innovate Finance highlighted a group of “Standout 35 Stars.” As we just found out, one of these Fintech Stars is crowdfunding… Read More

Women in Fintech Powerlist 2019: Innovate Finance Highlights 200 Women Shaping the Future of Finance

Innovate Finance, the leading voice in the UK advocating on behalf of the global Fintech industry, has published its annual Women in Fintech Powerlist highlighting 200 women shaping the future of finance. Innovate Finance received over 650 applications for this year’s list. The 2019 list… Read More

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