Digital market network TISAtech has launched the UK Scale-Up programme, aimed at providing international FinTechs with a ‘digital home’ in the UK and enabling collaboration with financial institutions.
The initiative, in partnership with data analytics business The Disruption House, will also provide FinTechs with advice, invitations to tech sprints and access to market insights.
TISAtech’s initiative is aimed at supporting international FinTechs to access the UK and partner with financial institutions, in particular banks, insurers and asset managers.
TISAtech was launched last year by The Investing and Savings Alliance (TISA), the cross-industry financial services body.
The UK Scale-Up initiative is designed to help FinTechs accelerate engagement and monitor prospect interest during this period when usual routes to market, such as events and conferences, have been restricted due to the pandemic.
TISAtech says the initiative will form a digital ‘tech-bridge’ into the UK. Additionally, they will have access to personalised advice and support, monthly platform insights on institutional interest, receive monthly trends updates from TISA initiatives, and will be automatically invited to tech sprints relevant to their domain and to industry events.
The database has 3,600 FinTechs, which are assessed and profiled, 2,500 of which are based outside of the UK.
For financial institutions, the enhanced scouting, discovery and identification process allows business leaders to scope-out and profile the suitability of FinTechs rapidly and on a single platform.
TISAtech said it helps the financial services industry to more effectively address tech-driven transformation and the integration of new financial technologies to enhance products and services while reducing operational friction and lowering costs for consumers.
Gary Bond, chief executive of TISAtech, said: “The FinTech industry needs initiatives like this now more than ever. The pandemic has caused major disruptions to trade shows and travel which have prevented growing FinTechs from expanding internationally and engaging in the market.
He added: “The UK Scale-Up initiative allows FinTechs be discovered, stand out and monitor prospective interest during this period when, as a result of Covid-19, usual routes to market have been shut off. TISAtech is in the perfect position to become the industry go-to location for the sourcing the most innovative FinTechs that will help the industry adjust to the new normal of embracing digital technologies that can transform all aspects of businesses.”












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