#DidYouKnow that @TechNation ranks the UK third in the world for producing successful FinTech companies.
The #FinTech sector is now worth £6.6bn to the UK economy and attracted £15 billion in investment last year.
This morning I spoke at #TheCityUK annual conference, reflecting on my time as longest serving economic secretary since 2010. I’ve been to many countries in this role and one message is always clear - there may be many European financial hubs but none can match London.
💰UK 4th in the world for #scaleup investment
📊 2.5x higher scaleup investment relative to UK economy
👩💻 5% of global scaleup tech workers based in UK
🦄 35% of Europe’s tech unicorns created in UK
🥇 1st in the world for #fintech#WeAreTechNationtechnation.io/report2019/?ut…
This morning I met with @FinanceConrad and @Ryan_EP at @FundingOptions. They’re doing excellent work to help small businesses grow. Also great to hear how Open Banking is transforming their business and their experience as part of the #TechNationFintech programme. #LondonTechWeek
Productive meeting with @SoftBank CEO Masayoshi Son @masason
in Tokyo this morning where I promoted the UK as a world-leading #FinTech hub, and welcomed the Vision Fund’s recent investments in UK tech and the expansion of their London office.
What makes #TechNationFintech so different? The tangible and unwavering support of @hmtreasury for the programme, which is a part of its Fintech Sector Strategy.
By applying you get a chance to become one of the 25 companies who will represent the bright future of UK fintech!
📣 Are you the leader of a promising #FinTech firm, looking to take the next step for your company?
💻 The @TechNation 2019 FinTech Growth Programme will support 25 scaleups & is an important part of our strategy for the sector. Applications open now 👇
technation.io/news/fintech-s…
📣 Are you the leader of a promising #FinTech firm, looking to take the next step for your company?
💻 The @TechNation 2019 FinTech Growth Programme will support 25 scaleups & is an important part of our strategy for the sector. Applications open now 👇
technation.io/news/fintech-s…
Today we’ve announced the Financial Innovation Partnership between the UK & U.S., which will allow us to work closely with the @USTreasury Department on emerging trends, knowledge sharing, and promoting growth & innovation in financial services. bit.ly/2YTrD0y
👩💻 Run a startup?
🏦 Want to work with a big bank?
🤷♀️ Don't know where to start?
Our Fintech Onboarding Guidelines, developed with the UK's 5 biggest banks & fintech startups, help fintechs work with large financial institutions. Take a look.
technation.io/resources/fint…
Great to speak to @hmtreasury’s Fintech Delivery Panel this morning, discussing how important this sector is for financial services, and how the sector can bring benefits to regions across the UK #fintech#finance#financialinclusion
Productive discussion this evening with some of the UK’s leading entrepreneurs in FinTech on how we can remain a top destination for venture capital investment and make this industry even stronger in the year ahead. #UKFintech.
Today we are hosting the first ever Global Financial Innovation Network (GFIN) Annual Meeting in London bringing members together from around the world #fcainnovate
#FinTech week recognises a powerhouse industry worth £6.6bn to the UK economy. We’re building on our successful fintech strategy and taking steps to attract top talent & investment, while providing global leadership.
We are proud to announce that 20 outstanding companies joining our innaugural cohort of the Cyber growth programme. Securing the future. 🔐 🚀
Introducing...
#WeAreTechNationtechnation.io/news/20-of-the…
We have published a report of the first phase of the #digitalregulatoryreporting pilot, providing an overview of the work and findings so far. Read Digital regulatory reporting: Pilot Phase 1 Report: fca.org.uk/digital-regulator… and watch the video to find out more about DRR
As someone who entered politics because I believed in business and enterprise, and I wanted to see my country prosper, the enthusiasm I saw at @AugmentumF this morning is inspirational. This Government is here to support British #fintech every step of the way 🇬🇧