In an exclusive video from FinTech LIVE London 2023, industry experts discussed the state of fintech in the UK. Key highlights of the discussion include:
- Adam French, a Non-executive Director at Innovate Finance, supported the view that the UK has remained at the forefront of global fintech, attributing this to a strong financial services industry, a rich talent pool, and access to capital and a global market.
- Innovate Finance, an independent industry body, has become a leading voice for the UK’s fintech sector with over 250 members. The organization works to ensure that fintech firms receive the necessary support and resources.
During the discussion, French elaborated on why the UK has managed to stay ahead in the global fintech industry. He credited the foundation of a strong financial services sector, stellar talent, and capital ready for deployment. Moreover, London’s favorable position as a global financial hub combined with the burgeoning fintech sector allowed for a thriving community of innovative firms.
In addition to these factors, French noted that London and the UK overall have historically had open access to a vast global market – a crucial ingredient for the fintech industry’s success and growth. This mixture of talent, capital, and large markets has positioned the UK as an ideal home for fintech innovation.
The two-day FinTech LIVE event held in London is an annual gathering point for the brightest minds in the fintech industry. It allows industry leaders to discuss their newest projects, strategies, and innovations while offering attendees valuable insights and expertise.
Further content from the FinTech LIVE London 2023 event will be made available on their website soon, giving interested participants and the public more chances to engage with the happenings and discussions from the event.
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