Thursday 7 August 2014

New UK Fintech industry body Innovate Finance launched by the Chancellor of the Exchequer, the City of London Corporation and the Canary Wharf Group

Innovate Finance http://innovatefinance.com is the new UK industry body established to promote the interests of the UK’s rapidly growing Fintech sector. The launch was held on 6th August 2014, at Level39 http://level39.co. Online reports indicate that 250 people attended the launch.

What is Innovate Finance?
Innovate Finance is an UK industry organisation that will accelerate the UK's leading position in the global financial services sector, by directly supporting the next era of technology-led financial services innovators, whether they be a young start-up or an established industry player.

The organisation aims to be a single access point to the full financial services and technology ecosystem and – through its own innovation programmes and partnerships with other organisations – connects members to policymakers, regulators, investors, customers, educators, talent and key commercial partners (Including FCA Project Innovate, British Business Bank, TechUK and Open University).

The organisation is led by CEO Claire Cockerton, with a Board of Directors that includes Fintech leaders such as Nick Hungerford of Nutmeg, Justin Fitzpatrick of DueDil, and Alastair Lukies of Monitise Plc, who will serve as the organisation’s Non-Executive Chairman.  An Advisory Council of industry experts includes Eric Van der Kleij, Head of Level39 Technology Accelerator and Nadeem Shaikh of Anthemis Group, among others.


At launch it was reported that the organisation had over 50 founding members.

Innovate Finance is supported by the City of London Corporation www.cityoflondon.gov.uk as lead sponsor. The Canary Wharf Group plc www.canarywharf.com is a founding sponsor committing funding and high-tech office and events space.

The launch video can be viewed here :



Innovate Finance Launch from Innovate Finance on Vimeo.
Innovate Finance launched on August 6th 2014.

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