Details

Fintech For All Competition

Click link to learn more. Applications deadline - 20 Oct.

A competition to find fintech startups that make financial services work for everyone

Access to financial services is an important part of everyday life. However, millions of people in the UK don’t have a bank account, or have less than £500 in savings, or can’t access affordable credit. As a result they struggle to manage their money and prepare for the future.

At the same time, the UK is No.1 for fintech globally. The best startups in the world are based here and they are revolutionising financial services.

Fintech For All is an opportunity to showcase how this innovation can contribute to solving financial inclusion and improving the financial capability of people in the UK.

We want to hear from you if your fintech company helps people to do any of the following:

- Start actively saving and plan for the unexpected

- Confidently manage money and track day-to-day financial transactions

- Facilitate access to financial products through innovations in credit scoring and ID/address requirements

- Understand and manage credit better

- Identify and access more suitable financial products

Eligibility:

Applications are encouraged from both B2B and B2C fintech and insurtech companies who:

1. Can demonstrate how their product or service helps British people in the five areas above; and

2. Are headquartered in the UK

There are two categories:

1. Established fintechs: > 5,000 users if B2C or 3+ business clients if B2B

2. New fintechs: at least an MVP in testing (or ready to test by the 20th of October) or < 5,000 users if B2C or < 3 business clients if B2B

Prizes:

- Customer insight support from the Money Advice Service, worth at least £70k to your business

- The Experian Spotlight Award, awarded by Experian to an entrant in any category and aimed at recognising outstanding concepts, products or services.

- Collaborate with Citizens Advice to further test and refine your product or service with access to target customers

- 2 complimentary tickets to Money20/20 Europe 2018 for each winner

- Expert mentoring sessions with Money Advice Service, Mustard Seed Ventures, Bethnal Green Ventures, Lloyds Banking Group, Toynbee Hall and Ascension Ventures

- Promotion across key financial services institutions

- And more to be confirmed…

Click link to learn more. Applications deadline - 20 Oct.

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