Innovate Finance to join Switzerland FinTech trade mission
3rd November 2015
Innovate Finance, the Level39 member and independent membership organisation representing FinTech, today announced it is joining a delegation to Switzerland this week as part of a FinTech trade mission organised by UK Trade & Investment (UKTI).
The two-day mission on the 4th and 5th of November will address investors and partners in Zurich and Geneva, aiming to promote the UK’s innovative FinTech sector, attract investment and boost business opportunities.
The mission will give local institutions and investors a chance to meet with firms that are developing technologies in the FinTech space including distributed ledger technology and data analytics for risk and portfolio management in asset management, banking and insurance.
Among the FinTech start-ups selected for the trip are Level39 members Bankable, Credits, Percentile and also Innovate Finance members Clear Macro, Feature Space, Live Data Set, Origin, Prophis and Sybenetix.
Britain’s FinTech market generates £20bn in annual revenue and over 44,000 people work in the sector in London alone – more than both Silicon Valley and New York. A recent report from William Garrity research showed over 10 percent of global FinTech investment has gone to the UK this year and start-ups based here have pulled in more than the rest of Europe combined.