Innovate Finance

News/retail

Innovate Finance sets out Open Finance roadmap

Building on open banking to enable wider data sharing across financial services products including savings, mortgages and insurance, could unlock an extra £30.5 billion GDP a year for the UK, says a paper from Innovate Finance and KPMG.

15 April 2024

ResearchFuture of Report

The Future of UK Fintech - 2015-2035

15 April 2024 685 downloads

Finextra TV/payments

Preparing for IFGS 2024: The next generation of UK fintech shaping the decade ahead

In the lead up to UK Fintech Week and the flagship event IFGS 2024, Janine Hirt, CEO, Innovate Finance, & Louise Smith, Chair, Innovate Finance, introduce the theme ‘Fintech’s Next Generation: Shaping the Decade to Come’, whilst reflecting on the success and challenges across the investment landscape in 2023. We hear about Innovate Finance's recently launched Unicorn Council for UK FinTech and what this means for the industry, the ambitions outlined in their FinTech manifesto and how the importance of skills, talent, culture & governance will be honoured in the IFGS agenda.

28 March 2024

News/startups

Top fintech chiefs join Innovate Finance 'Unicorn Council'

Innovate Finance has convened the CEOs and founders of the UK's largest fintech businesses to create a 'Unicorn Council' to lobby gobernment on behalf of the industtry.

04 March 2024

News/startups

UK fintech capital investment in 2024: far from 'rock bottom'

Innovate Finance held an event this week to launch their ‘Capital Investment in UK FinTech in 2023: Insights and Trends’ report, ahead of their Global Summit in London in April.

26 January 2024

News/startups

Global fintech funding halves

Global capital investment in fintech nearly halved in 2023 to $51 billion, with the UK seeing an even sharper decline, according to Innovate Finance data.

11 January 2024

News/wholesale

Majority of UK banks already piloting GenAI

Nearly three quarters of UK financial services firms are now piloting the use of generative AI for things like ‘co-pilot’ employee efficiency tools, according to a UK Finance survey.

24 November 2023

News/payments

UK Finance launches ISO 20022 ideathon

UK Finance and NatWest are calling for participants to take part in an "ideathon" exploring business applications for ISO 20022.

31 August 2023

News/regulation

Innovate Finance calls for innovation in response to HM Treasury

Innovate Finance has submitted a response to HM Treasury’s Call for Proposals on how to measure success in relation to the financial regulators’ new secondary objectives, emphasising that supporting innovation in FinTechs is key to ensuring competitiveness.

18 August 2023

Finextra TV/payments

How can scaling up in the UK drive Fintech growth?

Louise Smith, Chair of Innovate Finance and WTW Neuron Digital Trading, talks with Richard Peers from Responsible Risk, about scaling and growing fintech companies in the UK, including how to effectively navigate the regulatory landscape and how to capitalize on available opportunities.

08 August 2023

News/startups

Fintech funding slowdown accelerates in H1 2023

UK fintech funding has dipped in the first half of 2023, as total cash raised reached $2.9 billion in the first six months, a 37% slump compared to the later half of last year, according to new figures from industry body Innovate Finance.

10 July 2023