Unicorn Council for UK Fintech (UCFT) Launch by Innovate Finance:
- Formation:
- Innovate Finance, an independent industry body, has launched the Unicorn Council for UK Fintech (UCFT), a coalition of fintech founders aimed at fostering the growth of the UK fintech industry.
- Leadership:
- The UCFT will be co-chaired by Innovate Finance CEO Janine Hirt, Charles McManus (CEO of ClearBank), and Philip Belamant (CEO of Zilch).
- Key Objectives:
- The council’s objectives include identifying key issues for UK fintech companies, with a focus on improving liquidity, policy, and perception within the fintech sector.
- Unified Industry Voice:
- The UCFT aims to amplify a unified industry voice on the priorities of CEOs, investors, and board members to scale their fintech organizations.
- Leveraging Government Connections:
- The council plans to leverage its connections with senior government ministers to provide recommendations on policy interventions that can support the UK fintech landscape.
- Unicorn Project for Tech:
- Alongside UCFT, Innovate Finance has launched the Startup Coalition’s Unicorn Project for Tech, creating a forum for UK unicorns across all sectors to act as a united voice for top innovators in government and policy-making.
- Strategic Policy Moves:
- The UCFT aims to assist ministers in making strategic policy moves that support the growth and competitiveness of the UK fintech industry on a global scale.
