The UK Received More Fintech Funding Than All of Europe Combined”: Politano of Innovate Finance
Tuesday, 24/12/2024 | 10:41 GMT
by Arnab Shome
- Roberto Politano, Chief Marketing Officer at Innovate Finance, discussed the UK’s fintech future at FMLS:24.
- Watch the full interview in the video within this article.
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Innovate Finance’s Roberto Politano speaking to AskFX at FMLS:24
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**“The UK continues to lead globally in capital investment in fintech following the US,” said Roberto Politano, Chief Marketing Officer of Innovate Finance, during his conversation with *AskFX*’ Jonathan Fine at FMLS:24. He highlighted that “In the first half of 2024, £2bn has been invested into UK fintechs—exceeding total investments across European nations.”**
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“While things are looking quite bright presently,” he elaborated,, “we may observe some shifts as we approach towards 2025—but uncertainties linger.”
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The UK boasts several prominent global fintech firms like Revolut and Wise; notably, Revolut stands as Europe’s top-valued fintech with a staggering valuation estimated around $45 billion and is currently vying for securing a banking license domestically.
**
“US remains paramount among major markets.”
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Political strategy suggests that innovative entrepreneurs are constantly emerging unimpeded,” emphasized Politano while underscoring the necessity for companies targeting their intended market landscape.”
… (continuation)
“The new UK government is evaluating our strategy for fintechs”
Innovate Finance is a prominent association representing the fintech industry in the UK. Its mission is to enhance the country’s position within the financial services sector by actively supporting a new generation of technology-driven innovators.
“At Innovate Finance, we ensure that we are the representative voice of UK fintechs and celebrate their success stories,” Politano explained regarding Innovate Finance’s initiatives. “We collaborate with government officials and regulators to ensure that regulations facilitate the establishment, growth, and expansion of fintechs across the country.”
He further emphasized that the approach taken by the UK government toward fintechs is notably “encouraging.”
“The newly formed government here is assessing our UK strategy for fintechs and has integrated several of our proposals into their future development plan. Fintech has now been incorporated into this government’s industrial agenda.”
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“Relationships will be more important in the trading industry”: Heidingsfeld from TraderTools
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“Sales expertise is increasingly crucial”: Nadia Edwards-Dashti from Harrington Star
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DuckChain – a playful experiment or a lasting legacy like Dogecoin?
DuckChain – a playful experiment or a lasting legacy like Dogecoin?
DuckChain – a playful experiment or a lasting legacy like Dogecoin?
DuckChain – a playful experiment or a lasting legacy like Dogecoin?
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