FinTech outfits to fore of Upscale programme

Tech City UK, a Government initiative to support East London’s Silicon Roundabout, has announced the 30 companies joining the first intake of its new Upscale programme. And several FinTech ventures have made the final cut, including Seedrs, Growth Street, Sybenetix and Receipt Bank.

The full list of Upscale companies is:

E-commerce: Depop, Metail, Pact Coffee, Snap Fashion, Thread, Bloom & Wild
FinTech: Seedrs, Elliptic, Growth Street, Property Partner, Sybenetix, Receipt Bank
Data & Analytics: Growth Intel, Import.io, Improbable, Ometria, EDITED
Edtech: Administrate, Kano, Lingvist, Show My Homework
Hardware & IoT: Cocoon, M Squared Lasers, SAM Labs
Healthtech and biology: Touch Surgery, Zesty, Synthace
Other: Global App Testing, Wakelet, Appear Here

These will now work with ‘Scale Coaches’ including Skype founder Niklas Zennström, Techstars co-founder Brad Feld, and Unruly co-founder Sarah Wood, who will help them address the specific challenges encountered by fast-growth businesses. Programme partners Silicon Valley Bank and law firm Cooley LLP will offer bespoke financial and legal advice on scaling, including those looking to expand into new markets like China or the US.

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