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Digital journeysApril 1 2021

The future of UK fintech

In February 2021, the British government published the results of an independent review into the country’s fintech sector. Led by Ron Kalifa, the former head of Worldpay, the review sought to develop a roadmap for the continued success of the wider fintech ecosystem. In light of the Kalifa Review, and in the wake of the UK’s exit from the EU, as well as the ongoing Covid-19 pandemic, The Banker has convened four leading voices from the country’s fintech sector to discuss the future of the industry.
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The future of UK fintech

Q: To what extent does the Kalifa Review provide the UK fintech sector with a robust “strategy and delivery model” for the future?

Phil Vidler: The Kalifa Review came at the right time for the UK fintech sector, as it steers a fresh course out of the Covid-19 pandemic and looks to build on its traditional strengths on the international stage. Specifically, Kalifa’s recommendations for creating a dedicated investment fund for growth-stage fintechs will help retain intellectual property and support strong domestic growth of exciting fintech leaders.

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