27May

There’s no such thing as a free lunch, but the same can’t be said for breakfast for the North West’s FinTech sector with the launch of the FinTech Northern Breakfast Club; a dedicated briefing and networking event being held in Manchester.  The regular event is hosted by Manchester based Scott Robert, and sister company Automate Tech, which together provide risk, compliance, and technology solutions to the financial services industry.

The UK leads the world in FinTech according to a recent report by EY1 which attributed the number 1 ranking to, amongst other things, the strong availability of capital for investment in start-ups and the most supportive government policy towards Fintech.  In the North West the Northern Powerhouse agenda has seen recent initiatives, such as Barclay’s RISE community2, propel FinTech growth in the region and according to a leading report3  Manchester has strong credentials to be a FinTech hub as it benefits from a rich talent pool, owing in part to its high student population, and has recently seen £3.5bn of investment to support the digital and technology infrastructure in the city.

Commenting upon the launch of the breakfast club, Rob Cooper, FinTech specialist at Scott Robert, said

“Over recent months we’ve seen a significant increase in the number of firms instructing us in the FinTech space who are based in the North West, with Manchester in particular becoming increasingly popular for new start-ups in the sector.  Historically most of our FinTech clients have been London based but there is lots happening in Manchester with more and more financial services firms choosing to relocate.  That combined with a great technology and innovation culture in the city makes Manchester an obvious choice for FinTech firms.  We’re looking forward to bringing the sector together on a regular basis to explore the fantastic opportunities that are available for both established firms and new start-ups.”

The breakfast club launches on the 23rd June and is being held on the last Thursday of each month at the Radisson Edwardian on Peter Street.  Each meeting will feature a regular briefing on developments in the FinTech sector as well as a talk by a guest speaker.  Breakfast is available from 7.30am with the meeting commencing at 7.45am, followed by 30 minutes of networking from 8.30am.

Admission to the breakfast club is free of charge but by reservation only.  Reservations can be made by visiting www.scottrobert.co.uk/FinTechNorthernBC, by emailing enquiries@scottrobert.co.uk or by calling 0161 914 5727

1 UK FinTech: On the Cutting Edge (Feb 16); https://www.gov.uk/government/publications/uk-fintech-on-the-cutting-edge

2 Think Rise Manchester; https://thinkrise.com/manchester.html

3 Tech City UK TechNation Report; http://www.techcityinsider.net/the-uks-21-tech-clusters-by-jobs/