Why I left the City for a startup – and why you should too September 5, 2014 If there’s a reason I left my finance career to build startups it’s probably this: vomit. It happened one night at 10 or 11pm on the 33rd floor of a gleaming investment bank. It wasn’t unusual that I was there so late – in fact, it was mostly the norm, and I’d been run haggard [...]
The Startup Manifesto: Why the digital economy has never been a bigger political issue September 3, 2014 The UK’s digital startups are thriving – we have the fastest-growing digital economy in the G20 and have created 11 tech companies worth over $1bn in the last decade. British digital successes like Zoopla, Shazam and YPlan are now household names, and in London alone the tech sector is forecast to create 46,000 jobs and [...]
Top startups in call to keep London #1 European tech hub September 2, 2014 London's top startups and venture capital firms will today urge the UK government to relax rules and taxes in order to maintain the capital’s status as the top European tech hub. The so-called Startup Manifesto – written by policy group Coalition for a Digital Economy (Coadec) led by former government adviser Guy Levin – [...]
Why the future is collaborative for banks and fintech August 27, 2014 THE INTRODUCTION of paper money revolutionised the way we exchanged goods and services. Now, the booming UK financial technology (fintech) sector is fast changing the way we bank, invest and raise money. Thanks to a large and sophisticated consumer market, a high concentration of global financial institutions, and the availability of capital, fintech has found [...]
Next generation finance: How London can cement its leadership in fintech August 19, 2014 The launch of Innovate Finance, a new body dedicated to supporting fintech (or financial technology) in the UK, at Canary Wharf this month highlighted London’s ability to become the global centre of the sector. They say there is no “fin” in San Francisco and no “tech” in New York – but there is certainly both [...]
George Osborne makes a quick buck on £20 Bitcoin buy at Level 39 August 6, 2014 As the Chancellor of the Exchequer, you might expect George Osborne would like to keep his own pocket money in good old, Bank of England-regulated, sterling. But it’s apparent a trip to trendy FinTech den Level 39 has left Osborne with a sense of adventure – he’s gone where no chancellor has gone before – [...]
UK’s £4bn app economy is the biggest in Europe June 26, 2014 The app economy in the UK is the biggest in Europe and set to generate £4bn revenue by the end of the year, cementing the country’s position as the leading tech hub outside of the US. The UK generates more than a third of app revenue produced across Europe and employs just under a fifth [...]
London now has bigger fintech sector than Silicon Valley or New York June 16, 2014 London is now the biggest global centre for financial technology firms, beating both Silicon Valley and New York based on the number of people the industry employs. There are 44,000 people working in fintech in London, compared to 43,000 in New York and just 11,000 in Silicon Valley, according to research by South Mountain [...]
Three things you didn’t know about Level39 boss Eric Van der Kleij June 16, 2014 Chief executive of Level39 Eric Van der Kleij 1 He invented the online process of “web call back”, leaving your number on a website for someone to call you back, while struggling to buy flowers for his wife online. 2 Canary Wharf’s FinTech incubator Level39 was born following a very chance meeting between Eric and [...]
Networks matter for people and businesses of all shapes and sizes November 3, 2013 NO ENTREPRENEUR is an island – who you know can determine whether or not your business idea is going to be a success. Although networking is often considered to be a soft skill with soft benefits, it is actually vital for turning an idea into reality. When people mix, ideas and money flow more easily. [...]