Supporting Financial Technology Opportunities in the UK
London, UK -- ( SBWIRE ) -- 06|28|2021 -- Finance is a crucial export industry in the UK and fintech has become an area where British innovation and expertise has achieved an impressive level of dominance. However, earlier this year Ron Kalifa, the Chairman of Worldpay, expressed how he felt that the UK would need to accelerate investment in fintech to continue to hold a prominent position in the industry. There are many financial technology opportunities in the UK but Kalifa made some comparisons between the UK and the US that are uncomfortable reading. In particular, he focused on new financial companies selling shares to fuel growth and revealed that 40% of new listings were going to the Nasdaq in the US and just 5% to the UK. Kalifa made a number of key recommendations that he felt would enable the UK to thrive in terms of financial technology opportunities, including launching a fintech growth fund and developing fintech "clusters" all over the country. Established in 2004, Selby Jennings is a leading specialist recruiter for banking and financial services.
Supporting Financial Technology Opportunities in the UK
London, UK -- ( SBWIRE ) -- 06|28|2021 -- Finance is a crucial export industry in the UK and fintech has become an area where British innovation and expertise has achieved an impressive level of dominance. However, earlier this year Ron Kalifa, the Chairman of Worldpay, expressed how he felt that the UK would need to accelerate investment in fintech to continue to hold a prominent position in the industry. There are many financial technology opportunities in the UK but Kalifa made some comparisons between the UK and the US that are uncomfortable reading. In particular, he focused on new financial companies selling shares to fuel growth and revealed that 40% of new listings were going to the Nasdaq in the US and just 5% to the UK. Kalifa made a number of key recommendations that he felt would enable the UK to thrive in terms of financial technology opportunities, including launching a fintech growth fund and developing fintech "clusters" all over the country. Established in 2004, Selby Jennings is a leading specialist recruiter for banking and financial services.