LONDON—EY has launched a London-based incubator for fintech startups, with the firm reportedly set to direct millions of pounds into the sector in 2023.
EY’s fintech lab forms part of the company’s plan to grow its fintech business in the U.K., with more incubators set to open across the country, Fintech Futures reported.
“Our overriding objective is to connect fintechs, established financial services players, potential investors and the official sector and collaborate to bring new products and services to market, further enhancing the U.K.’s reputation as a global leader in fintech,” said Chris Woolard, head of U.K. fintech at EY, according to Fintech Futures.
Former Barclays Fintech Venture Studio head Mark Janetta, who has spent much of his career nurturing fintechs and supporting their growth, has been tasked with leading the new project, Fintech Futures added.
Still Free in ’23! The Freshest CU Headlines. Right to Your Inbox.
The biggest, best and freshest news reporting in credit unions remains free in ’23! Each morning CUToday.info delivers its daily update offering the latest headlines and breaking news right to your email, with the easy-to-read headlines format allowing you to click on the stories that interest you most in order to learn more.
If you haven’t yet signed up for the new email solution on which CUToday.info has partnered with ResponseGenius, you can do so here. Signing up requires less than one minute of your time—and it’s free!
Please note that after signing up you may need to go to your Spam/Junk folder and mark the morning headlines email as safe. CUToday.info does not provide its list of readers and emails to outside parties, and we will not be contacting you to sell you an extended warranty or sending you any links so you may cash in on an inheritance you didn’t know was coming.
And did we mention it’s free?
Please note and/or make your IT department or email administrator aware the emails will be coming from the domains CUTodayinfo.com and CUTodayinfoReply.com.