UK government invites applications for trade mission to New York FinTech Week

UK government invites applications for trade mission to New York FinTech Week

The UK government is calling on local fintech firms to join a trade mission to New York Fintech Week in April.

Firms - particularly those actively entering the US market or with American clients - are being invited to apply for a place on the mission by 16 February.

The Department for International Trade (DIT) is promising participants an opportunity to showcase their expertise to the US market, engage with regulators and gain insight into overcoming barriers to doing business overseas.

A similar delegation crossed the Atlantic last year for the first New York Fintech Week, taking advantage of workshops and networking events.

Tomas Helm, head, fintech, DIT, says: "With ten of the delegates from the 2017 mission winning more than £5 million worth of contracts, and a social media reach of over 14 million interactions, clearly the demand for UK FinTech in the US is only increasing."

Separately, the DIT is inviting submissions from UK fintech firms to pitch for a position at the UK Fintech Awards, organised by Invest Hong Kong. The awards are open for registration over the next three weeks. Following a competitive beauty parade, the top two startups will be given complimentary flight tickets in business class to Hong Kong sponsored by Cathay Pacific, plus accommodation for five days. In Hong Kong, where they will receive introductions, networking opportunities and counsel on how to expand and scale their business in Asia.

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