Fintech market focus
Perhaps above all other tech verticals during the pandemic, financial technology has seen some of the most impressive business growth. Investment has not only stood up, but actually grown in many sub-sectors and territories.
Several of Newfound’s own clients in fintech, with many of our senior business contacts and partners embedded in the space. It was our natural choice - and the response of businesses to join our first missions cohort, as well as our confirmed speaker programme, validates our choice.
For the UK fintech programme, we have brought together a cohort of 30 scaling international fintech businesses from nine countries (listed below). Reflecting our business footprint, just over half are from Australia, with others from New Zealand, Hong Kong, Singapore, India, Finland, Germany, France and Russia. All are looking to scale to the UK.
What has appealed so strongly to the international cohort - and what has kept it so engaged during the opening week of our UK mission - has been the seniority of our speakers from across industry, government, trade and professional services.
We have assembled a carefully curated group of no less than 48 speakers to share their knowledge and experience. Tame helped give our cohort direct and unbridled access to that senior group. That kind of access is rare indeed.
In week one alone, they’ve heard from professional services providers like KPMG on the COVID-era UK fintech economy and EY on the impact of Brexit. We’ve had respected institutions like Lloyd’s of London herald the rise of regtech, and leading sector investors like Augmentum Fintech share its perspective.
We’ve been especially pleased to welcome to the Market Mission government bodies, from the central Department for International Trade to London mayoral agency London & Partners, to the programme. That’s been all the more gratifying because both run their own trade missions. That they support ours is recognition of our complementary role as a commercially focused private provider.
We’ve heard from industry bodies too, including new umbrella body Fintech Alliance on clusters beyond London and established trade group techUK on Brexit. Level39, a world-respected fintech hub at London’s Canary Wharf, shared its take on the power of business networks. The City of London Corporation joined us too, reflecting its drive and desire to maintain fintech growth through international cooperation.