Tink Comment: Chancellor's UK FinTech Week Keynote Speech

  • Financial , Technical
  • 20.04.2021 11:40 am

Commenting on Rishi Sunak’s plans revealed at UK FinTech Week, Rafa Plantier, Head of UK & Ireland at Tink, said:

On planned reforms to the visa system

“This reform is crucial to ensure that businesses have access to the best talent from around the globe — specifically people who have spent time with ambitious, rapid growth businesses and who can bring this experience to bear on the UK fintech sector.”

On plans for a new Centre for Finance, Innovation and Technology 

“This is a clear step in the right direction to support fintechs across the UK to continue their growth trajectories — and to create centres of excellence not only in London but also in other major cities in Britain. Not only will this body enable the fintech industry to continue to flourish in the UK, it will also drive growth internationally.” 

On the introduction of a scale box

“For new entrants into the industry, a ‘scalebox’ will be invaluable in helping the UK’s fintech sector reach its full potential. It’s clear that a second stage of support would be beneficial to help fintechs manage the often tricky transition from the sandbox into the real world, so the proposed scalebox is a welcome stepping stone.”

Related News