NorthRow’s Post

🚀 The UK is at the forefront of fintech innovation, with London hosting over 1,600 fintech firms. This thriving sector is reshaping financial services and driving economic growth. 🌍 #Fintech #Innovation #FinancialServices #LondonFintech #EconomicGrowth

𝗨𝗻𝗹𝗼𝗰𝗸𝗶𝗻𝗴 𝘁𝗵𝗲 𝗦𝗲𝗰𝗿𝗲𝘁𝘀 𝗼𝗳 𝗙𝗶𝗻𝗧𝗲𝗰𝗵 𝗦𝘂𝗰𝗰𝗲𝘀𝘀! 🤩 In the fast-paced world of finance, the UK stands out as a global leader in fintech innovation - reeling in investment despite global downturns in 2023. As we conclude #UKFinTechWeek, we are privileged to have insights from four esteemed experts who have shared their perspectives on what sets the UK apart as a prime destination for fintech companies: 💪 Raf De Kimpe, CEO of Fintech Week London, highlights what makes the UK such a strong hub for great talent and why it sets the nation apart from other global hubs. 😤 Nadia Edwards-Dashti, CCO at Harrington Starr, shares how the UK's rise to being a fintech hotspot hasn't always been easy-going. 🤑 Andrew Doyle, CEO of NorthRow, weighs in his wealth of insight into what makes the UK a leading destination for fintech investment. 🤝 Leonid Kil, Chief Business Development Officer at Diagram Capital, explains what factors contribute to the UK's reputation as a fintech nucleus. https://lnkd.in/eWUzDM9P #FinTech - #RegTech | #FinTechRevolution | #InnovationHub | #FutureOfFinance

📢Unlock New Growth Opportunities in Fintech! Join us on October 9th, 2024, for an exclusive webinar with Susanne Chishti, Founder & Chair of FINTECH Circle. Learn how the FCA’s new listing rules and CMIT reform are set to transform the fintech landscape in London and beyond. In just one hour, we’ll cover: 🔹How to leverage new listing rules to access capital and scale your fintech business. 🔹The impact of the CMIT reform on the UK’s capital markets. 🔹Why London continues to be the global fintech hub and how you can benefit from its vibrant ecosystem. This session is perfect for fintech entrepreneurs, investors, and professionals aiming to stay ahead in a fast-moving sector. Don’t miss this chance to gain actionable insights and strategies for growth. 🗓 Date: October 9th, 2024 ⏲️ Time: 12 PM - 1 PM GMT Book Now 👉https://lnkd.in/dfJw4RTz P.S. The future of fintech is here—make sure you’re ready to capitalise on #Fintech #London #FCA #CMITReform #BusinessGrowth #FintechInnovation #ScalingYourBusiness #CapitalMarkets

2024 continued to be a turbulent year for #European #FinTech. Although #funding continued to decline, the sector is much more resilient, with some green shoots on the horizon - Finch Capital. 🔰 European FinTech continued to have a thriving mid-market M&A almost the same size as the US, but as one of Europe's largest sectors, it needs to prove it can consistently exit unicorns. 🔰 The UK dominates the European ecosystem even more now, with 65% of the funding landing in the UK. #financialservices #banking #digitalbanking #neobanks #challengerbanks #digitaldisruption #digitaltransformation #businessmodelinnovation Paidi O Reilly Prof. Dr. Ingrid Vasiliu-Feltes Martin Moeller Aaron Lax Richard Turrin Andrew Samu Birgul COTELLI, Ph. D. Dr. Martha Boeckenfeld Imtiaz Adam Efi Pylarinou Antonio Grasso Bob Shami Irene Lyakovetsky🎧🎙 Nicolas Babin Sam Boboev Sally Eaves Orlando Francisco F. Reis Alex Jimenez Dr. Marcell Vollmer Enrico Molinari Theodora Lau Franco Ronconi Xavier Gomez Victor Yaromin Dinis Guarda Dr. Debashis Dutta Dr. Robin Kiera Olivier LABORDE Olivier Kenji Mathurin Ian Jones Mike Flache Prof.Dominique J.E. Delporte - Vermeiren, PhD., Dr. h.c. Nafis Alam RAKTIM SINGH Eveline Ruehlin Patrick Maroney JB McCarthy PhD Dan Fiehn FBCS CITP

Where are we in the UK FinTech cycle? From its emergence as a market sector post-2010, to a significant run-up fueled by high margins, predictable models, and tech advancements. This resulted in stronger business models in the FinTech landscape and has led to the FinTech sector outperforming Global Tech since 2014. Many market participants thought this had created a bubble in this space. The sector's resilience emerges as weaker models are phased out, paving the path for robust value propositions. Dive into the latest UK FinTech insight here: https://lnkd.in/eZ2JZaEW Gautam Pillai , CFA #FinTech #UKFinTech #Research #Technology

It was a pleasure to attend the FinTech North Leeds Conference 2024 yesterday, and to hear from such a passionate range of speakers on the rapidly growing sector. Here are some of my main takeaways from the day: 🔸London Bridge is falling down! - The UK has the 2nd biggest global Fintech market of £6.6bn (beaten only by the US) and it is becoming less London-centric by the day, with Northern cities like Leeds increasingly taking the reigns. 🏙🏭 🔸Diversity really is a driver of performance - Whitecap Consulting's recent report, 'Scaling UK Regional Fintech', found that firms with at least one female founder had 30% higher turnover growth than firms with male only founders. 📈 🔸CBDCs are (probably) coming - The current plans are to run them on a public-private model with the BoE at the core, and for the currency to supplement but not entirely replace cash. Contrary to popular belief, they won't limit spending choices, but they also won't be anonymous...💷💻 #FinTech #FinTechNorth #CBDC #Leeds

Thanks for sharing Anna Månson. Indeed an interesting discussion with Silje Nesvik, Christian Frahm, Junaid Baig and Andrew Murray on both fintech partnerships in general but also AI and how Fintechs can help Banks accelerate AI adoption. And not just to address the ever present efficiency agenda but perhaps more so also how to create real scalable growth through new customer value propositions. Also thanks to you Anna and the rest of the Danske Bank team attending and hosting our partners during this years Nordic Fintech Week. #unitedfintech #partnerships #GenAI #nfw24

Regional FinTech is a vital component of the UK’s financial industry and CFIT's success depends on the contributions of regional actors. To make the UK a global leader in financial innovation, it's essential to showcase regional excellence. FinTech North's two day-summit provides a valuable opportunity to connect and share ideas about the future of financial services in the UK. Look out for clips from our CEO, Ezechi Britton MBE's insights. CFIT, launched in Leeds, has always championed the Northern FinTech ecosystem, with our work on Open Finance beginning with industry-wide coalitions that pioneered use of Open Finance in Greater Manchester and North Tyneside. We need to embrace UK innovation across all regions if we are to maintain our position as a global leader. #NorthernFinTech #OpenFinance #EconomicCrime #NorthernFinTechSummit

FinTech deals are showing signs of recovery, with a notable increase in investment in UK FinTech during the first half of 2024. However, it is prudent to exercise caution and not celebrate prematurely. While the resurgence appears promising, experts advise against excessive optimism. The apparent rebound may be encouraging, but underlying challenges and uncertainties persist. It is essential to critically assess the long-term viability of this uptick in investment before drawing definitive conclusions about the sector’s overall health and stability. #FinTech #Investment #FutureOfFinance

In the last 2 years at least 100,000 UK Financial Services employees have been released into the market. That’s a huge bubble of knowledge capital and entrepreneurial spirit. If just 1% decided to start their own venture (staying in Financial Services), it would lead to a c.25% uplift in the number of companies in the UK FinTech ecosystem today. But the value of this community isn't about increasing the volume of new entrants. It represents a massive opportunity to increase the diversity of new founders and leaders in UK FinTech, and harness years of deep industry experience to drive the next wave of innovation in financial services. More needs to be done within the ecosystem to communicate with and galvanise this talent pool. #fintech #ukfintech #financialservices #innovation #diversity