UK Aims for World Leadership in Fintech: Bitcoin Tech to Benefit
UK Prime Minister David Cameron has given his nod to an ambitious manifesto presented by the industry think tank Innovative Finance, focused at making UK the world leader in the fintech sector by 2020. The manifesto sets ambitious goals of attracting $8bn of investment and for UK to become the global home of 25 top financial technology companies based on IPO, global market share or valuation, and help in creation of 100,000 jobs by 2020. Currently, the UK fintech sector generates £20bn of GDP and employs 135,000 people and investment in UK FinTech more than doubled last year to $623m,....
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Though the United Kingdom plays a definitive role in the growth of FinTech industry, which is now worth £20 billion in annual revenues to the UK, employs 135,000 people, and attracted 42% of all European FinTech investment in 2014, Prime Minister David Cameron is not satisfied. Thus, Cameron, has welcomed FinTech 2020, which aims to make the UK the premier location for at least 25 global FinTech leaders, whether by IPO, global market share or by valuation. Talking about FinTech 2020, Cameron said:
Hong Kong’s top banking regulator, the Hong Kong Monetary Authority (HKMA), unveiled two FinTech initiatives today. The announcement was made at the Hong Kong’s annual Treasury Markets Association gathering by HKMA chief executive, Norman Chan. Hong Kong’s FinTech Market Is Bitcoin Focused. While the announced initiatives are not specifically for Bitcoin....
Forbes has just released its listing of the top 50 financial tech companies in the world. Nine of them come from the cryptocurrency industry. In 2021, as the global health crisis drove more purchasing and banking online and the price of bitcoin and tech stocks rose, crypto investors and venture capitalists allocated more money in fintech. […]
On 21 and 22 June over 1,500 people from the world of fintech will come to Nave Boetticher, Madrid to take part in MoneyConf. This invite only event is being brought to Madrid by the organisers of the world’s largest startup event Web Summit. Web Summit’s MoneyConf Coming to Madrid. MoneyConf is the most important global meeting place for leading financial institutions and disruptive startups an event for entrepreneurs, investors, startups and the global financial powerhouses to gather in one intimate space. Organisers moved the event to Madrid for 2016 from Belfast after seeing what a....
As London FinTech Week approaches — being held during September 2015 — Kevin Taylor, author of Fin Tech Law: A Guide to Technology in the Financial Services Industry that covers topics from Bitcoin to cybersecurity, will be available for interview, meeting or excerpt requests. The city of London is going to host FinTech Week this September to represent the thriving Fintech community. The organizers aim to unite the world of FinTech in the world’s financial capital and enhance the dialog between established multi-nationals and disruptive start-ups. They are also inviting the leaders of the....