Technology innovation centre established in London
Written by Chris Lemmon
Investment firm Motive Partners have announced the opening of a new European Innovation and Investment Centre in London, with firms such as Mastercard and RBS taking residence there.
The 14,000 square foot space will focus on building the next generation of financial technology and boosting industry growth through building and partnering with market-leading technologies. The centre will be home to collaborative projects between institutions and emerging technology firms, seeking new solutions for the financial services industry.
Allied Irish Bank, Bradesco, Emirates NBD, Mastercard and Royal Bank of Scotland are among the initial residents of the new centre. Motive Partners hopes to provide the firms with exposure to new ideas, products and talent to support their long-term innovation strategies.
John Glen, economic secretary to the Treasury and City Minister said: “I am committed to ensuring that our financial services sector continues to stay at the cutting edge of emerging technologies. Motive’s new Innovation & Investment Centre is another example of our how our flourishing world-class financial sector continues to thrive, grow and fuel our economy into the future.”
Rob Heyvaert, Motive Partners founder, added: “Working with the various actors in the new financial services ecosystem to deliver the next generation is an important opportunity for us. Facilitating global knowledge transfer and engagement from firms of all sizes and a broad spectrum of talent is exactly why we have launched our European Innovation and Investment Centre. I look forward to working with the industry on our many exciting projects now and in the future.”