Mark Anderson
Introduction
The blockchain, fintech, and digital economy have seen rapid advancement in recent years coupled with the digital transformation spark in industries worldwide. An array of startups are pioneering novel solutions in the financial services industry, aimed at bridging the gap between traditional banking and innovative technology. Among them are many UK-based startups that are pushing boundaries within the realm of financial technology. They’ve taken dynamic strides in this new wave of digital innovation, enabling consumers and businesses to interact with finance in more efficient, scalable, and cost-effective ways.
This article recognizes some promising UK startups that have been operating in the financial services industry since 2020. Though their unique offerings, these companies are driving high impact changes in finance on a global scale. All these companies share a common trait – their headquarters are located within Kent, demonstrating the county’s supportive ecosystem for tech-based initiatives.
Whether it’s paving the way for digital banking and payments, revolutionizing the way royalties are managed for intangible assets, building a fresh approach to financial literacy for kids, or redefining debt collection services, these startups have all differentiated themselves in the competitive fintech landscape. Without further ado, here’s a look at these promising financial startups.
Penrose Digital Banking and Payments
Based in Sevenoaks, Penrose Digital Banking and Payments features digital banking right off your palm. This fintech startup helps clients navigate complex banking, digital, and payment transactions with complete safety. Offering advisory services and facilities even for asset storage and custody, Penrose has carved an impactful presence in the fintech space. Facebook, Twitter, Linkedin
Kidvestors
KidVestors
Founded in Louisville, Kentucky, KidVestors is revolutionizing the way financial literacy is taught to kids. Their animated investment and finance curriculum uses a fun gamified approach to teach K-12 students about money management and investments. Facebook, Twitter, Linkedin
Blarecast Systems
Blarecast Systems, located in Ramsgate, deal with customer metadata and economy, tokenizing assets, and securing job/task administration. They also aid in licensing, selling, and managing rights and royalties of intangible assets. Linkedin
Level
Based in Ashford, Level offers services in the employee benefits and wealth management industry. Central to Level’s business is the belief in giving people control over their personal finances. Facebook, Linkedin
Ko-bolt
Based in Maidstone, Ko-bolt operates in the debt collections and financial services sector. Under the leadership of Karl Hague, Ko-bolt is proud to present a bold reinvention of compliance-minded financial services. Twitter, Linkedin
Throttle Payments
Throttle Payments, with their headquarters in California, Kentucky, operates in the finance, financial services, and internet industries. Twitter, Linkedin
Empower
Located in Independence, Kentucky, Empower offers services in the accounting, consulting, finance, financial services, and management consulting sectors. Linkedin
ProductRex
ProductRex is located in Kenthurst, New South Wales and operates in the financial services and SaaS industry. Facebook, Linkedin
Hunter-Jackson Financial
Headquartered in California, Kentucky, Hunter Jackson Financial offers financial planning services focused on stability, growth and future preparedness. They are the partner in financial affairs for small businesses. Facebook, Linkedin
Firemind Ventures
Firemind Ventures, located in Kent, operates in the consulting, financial services, information technology, and internet industries.
Offgrid.Finance
Focused in Kenya, Offgrid Finance, located in Sevenoaks, operates by providing loans to small and medium-sized enterprises to buy cleaner and more efficient technologies. Linkedin
Conclusion
These Kent-based startups, each with their unique offerings in the financial services industry, demonstrate how innovation is not limited to Silicon Valley or London’s Silicon Roundabout. Kent is proving to be a fertile ground for fintech startups, and these companies are testament to the innovation and entrepreneurial spirit that permeates throughout the region. Through their offerings, these startups are driving considerable changes, bringing new ideas and creating new opportunities in the financial sector.
