Innovate Finance

Finextra TV/inclusion

Project Nemo: Pioneering Disability Inclusion in Fintech

Live at IFGS 2024, Joanne Dewar, Project Lead at Project Nemo, discusses Project Nemo’s innovative initiative driving disability inclusion in fintech. With one in five individuals having disabilities, this project connects fintech firms with specialized service providers to promote awareness and change. We discuss upcoming workshops and events aimed at providing practical resources for inclusion efforts, aiming to set a new standard for inclusivity across industries.

19 April 2024

Finextra TV/inclusion

Everybody in the room: Moving fintech forward

Lou Smith, Chair of Innovate Finance, discusses fintech's evolution in the past decade and its impact on consumer behaviour and industry collaboration. From challenger banks to widespread fintech app usage, we examine transformative trends like Open Finance, and amidst the challenges 2024 brings both nationally and internationally, we highlight opportunities for sustainable growth, charting a course towards fintech's fruitful future.

17 April 2024

News/startups

Report calls for more support for female founded fintechs

UK startups outside of London should have more than one founder, ensure gender diversity and join an accelerator, according to the findings of a recently published report.

16 April 2024

Finextra TV/markets

Fintech & Beyond: The wider industry impact

Kicking off UK Fintech week at the 10th year of IFGS, Janine Hirt, CEO of Innovate Finance, speaks to FinextraTV about the impact of Fintech across non-financial industries and the importance of collaboration between Fintechs, government, industry and regulators in shaping the economy, addressing inequality, and strengthening social justice and peace. We hear about how the consumer will benefit from Embedded Finance and Open Data and the role AI, regulation and push payment fraud will play in helping drive sustainable finance over the next 10 years.

16 April 2024

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 58 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

News/regulation

Innovate Finance slams UK government's 'onerous' BNPL proposals

Fintech industry body Innovate Finance says its members are "deeply concerned" by the UK government's plans to regulate the buy now, pay later sector, arguing that the measures would be more onerous than those that apply to credit cards.

03 May 2023

Finextra TV/payments

Removing barriers and addressing inclusion for fintech growth

Speaking at Innovate Finance Global Summit 2023, Janine Hirt, CEO, Innovate Finance, discusses FinTech's impact on the economy and society at large. She gives her outlook on the investment landscape, regulation and what more needs to be done to encourage a more diverse, inclusive Fintech culture.

19 April 2023

News/people

IFGS 2023: How are neobanks challenging incumbents in 2023?

The afternoon IFGS sessions kicked off with a fireside chat looking at whether Neobanks are still creating that challenging atmosphere they have been known for. Finextra’s own senior reporter, Paige McNamee, moderated the session and was joined by Mark Mullen, CEO of Atom Bank, and Valentina Kristensen, director of growth and communications at OakNorth. Kristensen had her new baby Leo on stage with her.

17 April 2023

News/retail

IFGS 2023: Financial services finding new confidence in economic crises

The Innovate Finance Global Summit 2023 kicked off at Guildhall in London this morning, to bring together experts in the industry to discuss new innovations in the UK fintech sector. The event showcases innovators and vendors from all over the world to London to discuss key trends and topics including innovation, sustainability, and regulation which will drive the UK fintech financial services ecosystems forward.

17 April 2023