Innovate Finance is spotlighting fintech startups with regional pitch events across the UK.
- Events will occur over the next year in regions including the North, South West, Midlands, Scotland, Ireland, and Wales.
- The initiative, supported by the City of London Corporation, aims to accelerate growth in financial services.
- Entrepreneurs will present innovations to an audience and industry judges in ‘Pitch360: Across the UK’.
- This move seeks to balance FinTech investment across the UK, reducing London-centric funding.
Innovate Finance has announced an ambitious initiative aimed at bringing fintech startups from various UK regions into the limelight. Over the next 12 months, a series of regional pitch events has been scheduled, targeting areas such as the North, South West, Midlands, Scotland, Ireland, and Wales. These events are integral parts of ‘Pitch360: Across the UK’, a project designed to foster regional growth and showcase the innovative potential outside of major urban centers such as London.
These pitch events, organized with the backing of the City of London Corporation, will provide a platform for entrepreneurs to display their innovative solutions. Aimed at transforming financial services, the events promise to be a stage where novel business ideas are presented before an audience and a panel of esteemed industry judges. Participants will be urged to demonstrate how their innovations can stimulate growth within the financial sector.
Janine Hirt, the CEO of Innovate Finance, highlighted the disparity in fintech investment across the UK, which has predominantly favored firms in the capital. She expressed a desire that this new program would redirect attention and capital towards promising startups situated throughout the nation. Hirt stated, ‘The UK is a global leader when it comes to FinTech investment, but the lion’s share of this funding goes to firms based in the capital. Our hope is that this programme will help drive attention and ultimately investment to the brilliant businesses based all across our nation.’
Adding to this sentiment, the Economic Secretary to the Treasury, Tulip Siddiq, in her keynote address at the “Innovation Driving Growth” Forum, underscored the significance of such initiatives for the fintech landscape in the UK. She remarked, ”Pitch 360: Across the UK’ is a great opportunity to showcase the outstanding fintech talent across the UK regions, and shine a spotlight on the huge potential of fintech innovation.’
Ultimately, the ‘Pitch360: Across the UK’ events are devised not only to bring exposure to fintech enterprises but also to potentially reshape the investment trends within the sector. By encouraging participation from diverse regions, Innovate Finance seeks to create a more equitable distribution of investment, inspiring innovation and economic growth throughout the UK.
The ‘Pitch360: Across the UK’ initiative is set to redefine fintech investment landscapes by championing innovation across UK regions.
