Love seeing this, ensuring that all the benefits of the super vibrant scene and developments in FinTech and InsurTech are enabling access to financial services for all.
This was actually an area of discussion at this year's Innovate Finance Global Summit. Mark Boleat of the City of London Corporation, Nick Ogden the Executive Chairman of Clearbank and Deloitte's Head of Financial Services, James O'Riordan all provided their thoughts and ambitions for how FinTech can benefit all of society. You can read more about what they had to say and our full take on this here.
Tech City UK today launches the hunt for fintech startups that can make a difference to those people who are in danger of being left behind by financial services as currently provided by conventional banks, building societies and credit card providers. We want to find the startups that could help to end the challenges that some people face when managing their money. As part of the Government’s Digital Strategy which aims to make a digital economy that works for all, the Department for Digital, Culture, Media and Sport has asked Tech City UK to run a competition to find the best products and services from the fintech sector that promote financial inclusion.