30 companies join FinTech scale-up programme

Tech Nation has announced that 30 companies have been accepted into Fintech 4.0 – the fourth iteration of the organisation’s growth programme for FinTech entrepreneurs to scale their start-ups.

The businesses cover all areas of the finance sector, including insurance, investment, blockchain, and digital assets.

“It's great to see 30 new companies joining Tech Nation’s FinTech programme. Our backing for this scheme is one part of our commitment to making the UK a great place for Fintech companies to set-up, and scale-up,” said John Glen, economic secretary to the Treasury. “With investment in UK FinTech soaring, and 40 per cent of these new companies based outside of London, investors are clearly seeing the enormous potential in this sector across the UK.”

The companies include MyPocketSkill, a start-up aimed at helping young generations earn and save money, a business called Ziglu which creates banking apps for cryptocurrencies, and Wombat Invest, a company that aims to make investing more accessible and values-based.

Katja Palovaara, FinTech programme lead at Tech Nation, said: “We are delighted to welcome these 30 inspiring FinTech companies to the FinTech 4.0 cohort. As the UK’s flourishing FinTech sector continues to drive more investment than ever before, our fintech companies are not just disrupting traditional financial sectors; they are working alongside them to ensure that everyone has the tools and knowledge they need to succeed financially. Many of these FinTechs are not only focussed on helping people earn more and invest better, but on making the world a better and fairer place. We can’t wait to see what they do next.”

    Share Story:

Recent Stories

New Business Frontiers
FStech’s Mark Evans discusses the future of financial services with Liu Jianning of Huawei, covering the limitations that current thinking can impose, how financial institutions can embrace technology to be both agile and resilient, and making space for the organisation to focus on the job of creating innovative business models and on delivering business value for their customers.

The Future of Intelligent Finance
FStech Group Editor Mark Evans sits down with Jason Cao, President of Global Financial Services Business Unit, Enterprise BG at Huawei ahead of its Intelligent Finance Summit which was held on 3rd and 4th of June in Shanghai. This Q&A delves into key trends in digital transformation of the financial services industry as well as a look at how data, robotic infrastructure, intelligent storage and innovative technologies are shaping the future for FSIs.

Cracking down on fraud
In this webinar a panel of expert speakers explored the ways in which high-volume PSPs and FinTechs are preventing fraud while providing a seamless customer experience.