HM Treasury commissioned an independent review of the UK’s Fintech sector. Chaired by Ron Kalifa OBE, it was announced during Chancellor Rishi Sunak’s budget in March 2020. Innovate Finance have provided the secretariat alongside our colleagues at the City of London Corporation. Over the past decade, the UK has been quietly undergoing a quiet fintech revolution – in jobs, innovation, improvements to people’s lives and in the country’s ability to compete on the global stage – and today is a leading global fintech hub. The Kalifa Review provides a clear strategy and delivery plan to ensure the UK can capitalise upon the opportunities fintech presents. This will enable the UK to move from being a global leader in fintech start-ups, to the best place to scale a business, and take solutions from IP creation through to widespread adoption. That is when the full impact and opportunity of a thriving fintech sector will be realised.
Watch the Kalifa Review from the UK FinTech Lauch event HERE