Innovate Finance to Promote Fintech in the Middle East
Innovate Finance, the association of fintech and blockchain companies in London, UK to set up fintech hubs in Bahrain and the UAE. London had gained a reputation for being the financial hub of Europe. The capital of United Kingdom has been in the forefront of Fintech innovation, thanks to various initiatives in the past. But with Brexit, things are slowly falling apart. By moving away from the European Union, London has lost the charm of being the gateway to Europe for many companies. As the country becomes less attractive each day, other European nations are trying to replace it as the....
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Innovate Finance is planning to open another facility for Blockchain tech and fintech related research. London is the financial capital of Europe, while The number of fintech companies in London is gradually increasing. Also, special thanks should go to the digital currency community and their constant research in the fintech sector that is contributing to London's fame as well. Innovate Finance is a collaborative initiative between the government and various financial technology companies. These companies include conventional finance and banking companies as well as bitcoin and other....
In August Bitcoin Magazine reported that the"Innovate Finance Manifesto: 2020," released by Innovate Finance, an organization focused on promoting U. K. leadership in digital fintech, was praised by British Prime Minister David Cameron. "This government wants the U. K. to be the leading fintech center in the world. That's why, at the Summer Budget, we appointed a special envoy for this fast growing sector," said Cameron. "I'm pleased that Innovate Finance's manifesto has set such ambitious goals, including the creation of 100,000 jobs. This will ensure we are a world leader in the....
Bitcoin and Blockchain technology companies enjoy a unique position in London. Some of them work closely with big names from other sectors to create a well-balanced fintech sector in the country. The United Kingdom features among the top countries for bitcoin businesses to be operating from. The country's approach to create regulations for bitcoin and other digital currency is deeply appreciated by many, including the English bitcoin start-ups. Thanks to Innovate Finance, we can expect more favorable changes in the digital currency sector soon. Innovate Finance is a think tank and....
Last week, wallet provider Blockchain represented the bitcoin industry in an official government trade mission. CEO Peter Smith was one of 31 executives to take part in a trade delegation, led by Prime Minister David Cameron, to promote the UK's FinTech businesses in Southeast Asia. The FinTech sector, which now employs 135,000 people in the UK and creates $20bn in annual revenue, is a key part of the Conservative Party's plan to stimulate trade and investment. While the nation received 42% of Europe's FinTech investment last year, trade body Innovate Finance wants to capture an even....
After the U.K.’s Brexit result, European countries have been attempting to overthrow the U.K. from the top position as a FinTech hub location. One European country that isn’t, however, is Belgium. Instead, Belgium wants to create a bridge that supports FinTech startups between the two countries. According to Finextra, Johan van Overtveldt, Belgium’s finance minister, has begun talks with U.K. FinTech agency Innovate Finance to get the two countries collaborating together. Last October it was reported by Innovate Finance that while venture capital funding for FinTech companies grew around....