Innovate Finance spills secrets on UK fintech’s current stride.

  • At the FinTech LIVE London 2023 event, Adam French, Non-Executive Director at Innovate Finance, discussed the state of the UK fintech industry.
  • French highlighted the supporting factors for the UK’s thriving fintech scene, which include a strong financial services industry, access to global markets, abundant talent and availability of capital.

During the event held at the QEII Centre in Westminster, leading figures from across the fintech industry got the chance to showcase their latest strategies and innovations. One of the industry leaders who spoke at the event was Adam French, Non-Executive Director at Innovate Finance. Innovate Finance, a 250-member industry body, plays an important role as the voice for fintech in the UK, representing the sector in front of all significant institutions at home and overseas.

Describing the reason why the UK’s fintech scene has thrived in recent years, French emphasised the strength of the UK’s financial services industry, and London’s strategic position to cater to the global finance community. Additionally, the UK fintech sector benefits from access to a pool of talent with the knowledge and expertise to tackle major issues, and access to capital ready to be invested in fintech ventures. The remarkable contribution of these factors has made the UK, particularly London, a desirable destination for fintech.

The full session featuring French’s speech at the FinTech LIVE London 2023 event can be viewed via the link in the original article. More updates and content from the event will be released soon. Stay connected with FinTech Magazine for more insights.

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