Fintech Finance Presents: The Paytech Magazine Issue 08

Ron Kalifa’s review of UK fintech, published in March, positioned the industry as ‘a core asset for global Britain’ as we sally forth from the EU.

Under the direction of the former Worldpay CEO, the authors of the government-commissioned report have come up with a five-point plan to ensure the nation doesn’t lose some of its crown jewels, when it comes to innovation and entrepreneurship.

Central to that is fintech becoming a totem for the UK’s trading ambitions – a standard bearer for the ‘international openness of the UK in a post-Brexit environment’. To that end, it recommends the Government doubles down on efforts to support internationally-focussed companies so that they can grab their rightful share of a projected £380billion global fintech market. It proposes an international action plan for fintech, the launch of a Fintech Credential Portfolio to make doing business overseas easier, an International Fintech Taskforce, and a new body to ensue it’s all implemented.

Among the regions it identifies as a good fit for UK businesses are the Middle East and North Africa, and sub-Saharan Africa, the latter being a huge source of opportunity for payment services in particular. Which ties in neatly with our special focus on Africa in this issue, and its fearless payment pioneers.

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In this edition, we feature… drum roll…

• Simon Cureton, Funding Options
• Edo Omoniyi, Cape
• Hardik Shah, Currencies Direct
• Sajid Gani, Standard Bank
• Medhy Souidi, DBS
• Gareth Richardson, Thought Machine
• Haytham Kaddoura, SmartStream
• …and many more!