EC offers cash for fintech study

EC offers cash for fintech study

The European Commission has issued a call for tender, offering up to EUR350,000 for a study on the continent's fintech sector.

The study is designed to help the EC "better understand the fintech sector and its players and to evaluate its impact on the banking sector and financial services industry and its incumbent players".

The winning bidder will need to describe the key European players and their position in the global context, their innovative technology and business models and their potential impact on current regulation.

The report will also propose various scenarios for the future of the financial services industry and the role of fintech companies and of EU policymaking and regulation in that context, as well as identify specific issues to be solved in relation to digital single market, the Capital Markets Union, retail banking and other related EU policy initiatives.

Interested parties have until the end of September to tender.

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