Spotcap Announces Fintech Fellowship Winner for 2018

Spotcap Announces Fintech Fellowship Winner for 2018
25.09.2018 09:45 am

Spotcap Announces Fintech Fellowship Winner for 2018

Financial , Infrastructure

Spotcap today announced Sophie Peacock as the winner of the Fintech Fellowship for 2018. Running for its second consecutive year, the Fellowship awards one UK-based masters or MBA student with an £8k scholarship. By supporting aspiring talent, the initiative aims to plug the fintech skills gap by raising awareness of career opportunities in the field.

The UK currently stands at the forefront of the global financial technology field. Last year, the industry employed 61,000 individuals and attracted £600 million in investment. However, a skills gap is already being observed: 58 per cent of UK FinTech Census 2017 respondents reported that attracting qualified talent is one of the top three challenges in sustaining the industry's growth.

The first of its kind, the Fintech Fellowship aims to narrow the talent gap by encouraging aspiring talent like Sophie to pursue their interest in financial technology. Forty-one universities backed the initiative this year, sharing information about the fellowship and career opportunities in fintech with their incoming classes.

A recent graduate from Durham University with a first-class honours degree in Mathematics, Sophie will use the scholarship to support her MSc in Data Science and Machine Learning at UCL. “A year-long placement at IBM sparked my interest in fintech. This sector is having a huge impact on the way people think about their finances, and I would love to be a part of the continuing wave of innovation,” says Sophie. “During my masters programme, I hope to gain a more in-depth understanding of how complex algorithms like neural networks can contribute to the development of the financial technology industry.”

The Fintech Fellowship brought together five industry experts who jointly agreed that Sophie was the best candidate to win the Fellowship this year. Niels Turfboer, Managing Director of Spotcap UK and  member of the judging panel, comments: "Sophie is an extremely talented and driven student and we hope the scholarship will help her pursue her passion for innovation in technology and finance."

He continues: “The skills gap is real, and the industry needs to take action. If each fintech organisation brings its own approach to addressing the issue and helps raise awareness of the many exciting career paths available, the UK talent pipeline would benefit.”

Additional members of the Spotcap Fintech Fellowship include: Marilena Ioannidou, Director & Team Lead on Fintech Investments at British Business Investment; Stephen Ingledew, Chief Executive at FinTech Scotland; Tanya Andreasyan, Managing Director and Editor at Fintech Futures and Elizabeth Lumley, global fintech commentator and advisor.

To read more about the UK Fellowship, visit our dedicated site:

Related News

SWIFT Creates Financial Sector API Blueprint

SWIFT has today published a blueprint for common API standards following collaboration with European banking standards bodies, STET and Berlin Group NextGenPSD2 – who together... Read more »

International Webinar: Fintech vs traditional banking October 17 and 25, 2018

Today, Fintech has a strong position in the financial market because the banking sector has experienced a number of difficulties, which has reduced public confidence in the... Read more »

From Follower to Leader

Why are innovative FinTech solutions taking off faster in the Asia-Pacific region than elsewhere and what does this tell us about the future of financial services, not just in... Read more »

2018 Prophet Brand Relevance Index® Finds Three Financial Services Firms in Top 50 List of Most Relevant Brands to UK Consumers

Global brand and marketing consultancy Prophet announced the results of the fourth Prophet Brand Relevance Index® (BRI), a... Read more »

The Full Agenda and Speaker Line Up Announced for Digital CX Transformation Financial Services

Digital CX Transformation Financial Services will focus on every aspect of Digital CX strategy, design led cultural development and technology selection that will not only... Read more »

Wolters Kluwer Invited to Bank of England and Financial Conduct Authority Advisory Roundtable Focused on Building U.K. Financial Sector Operational Resilience

Wolters Kluwer’s Compliance Program Management (CPM) business has been invited to take part in a major industry... Read more »

Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel