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AlgoLib countinued to join the International FinTech Conference 2018

  22 March 2018       London, UK

Hosted by HM Treasury in London, the International FinTech conference this year brought together 125 of the UK’s best FinTech firms, invite only, alongside investors from around the world. We were very proud to be invited and to be a FinTech exhibitor for the second year in a row pitching at this conference directly to investors around the world.

“Over a hundred of the UK’s most exciting FinTechs have been hand selected by a specialist panel to exhibit at this years’ International FinTech Conference. These firms represent the best of the UK sector, and are all seeking investment.”HM Treasury.

The UK FinTech sector contributes a huge £6.6 billion annually to the UK economy and employs over 60,000 people thus proving its’ size. The industry has the opportunity to enable lots of positive changes to sectors such as employment and health and thus it is a Government priority to supporting the world-leading sector.

The conference held in 2017 resulted in over £5 million worth of investment into the UK FinTech sector, highlighting the significance of the conference. Previous speakers have included the Chancellor of the Exchequer and the Governor of the Bank of England. The conference itself lasted just one day long and held a large range of programmes, from speeches to panels to workshops from global industry leaders. Speakers this year included Philip Hammond, Scott Morrison and Eileen Burbidge.

The keynote by Phillip Hammond was also insightful, it’s great to see how the government is working to promote and foster an environment which allows FinTech companies to thrive. He also praised NatWest for opening their FinTech accelerator, which we are proud to be a part of. It’s positive the treasury shares the view of embracing collaboration between incumbents and disruptors. Which is becoming increasingly important for ourselves, especially as we navigate the regulatory environment here in the UK.

Author: Beccy Ballantine.

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