Mark Anderson
The UK’s FinTech industry has undergone a tremendous growth spurt in recent years, providing a plethora of opportunities for innovation and success in the financial sector. Witnessing an influx of startups seeking to tap into the infinite potential of FinTech, England has become a hotbed for such enterprises. In this article, we are profiling several startups that have sprung up from 2020 onwards, each offering unique solutions to various financial needs and challenges.
The FinTech industry’s disruptive nature, coupled with its rapid technological advancements, have created an atmosphere conducive to startups flourishing. In England, these start-ups are not just surviving but are thriving, thanks to an encouraging regulatory environment, an abundance of skilled talent, and an ever-growing consumer demand for FinTech solutions. From cryptocurrency platforms to international money transfers and green finance, these companies are redefining the financial services landscape.
The subsequent paragraphs will introduce these startups in more detail, discussing their origins, their operation details, and their contributions to the FinTech industry. While each of these entities has its unique propositions and strategies, they all share a common goal: to transform the way financial services are delivered to consumers and businesses.
Elwood Technologies
Launched in England, Elwood Technologies is a global fintech company that offers institutional-grade access to digital asset markets and liquidity venues. Serving as a one-stop solution for accessing the digital assets market, Elwood Technologies provides a platform that builds institutional-grade digital assets trading infrastructure, offering low-latency connectivity to global cryptocurrency exchanges and providing deep liquidity via a single API. The company, co-founded by Alan Howard, permits financial institutions, neobanks, and corporations to swiftly and efficiently enter the digital asset space. More info: LinkedIn | @elwood_io
Atlantic Money
Established in 2020 in London, Atlantic Money seeks to redefine the landscape of international money transfers. Co-founded by Neeraj Baid and Patrick Kavanagh, the company provides a simple flat fee service for international transactions up to £1m or €1m. Creating a significant disruption in payment services, Atlantic Money is spearheading the world’s cheapest solution for international money transfers in foreign currencies. More info: LinkedIn|Facebook|@Atlantic_Money
TreeCard
Founded by Gary Wu, James Cox, James Dugan and Jamie Cox, TreeCard introduces a unique concept in fintech, combining finance and sustainability. Their wooden payment card, in partnership with Ecosia, aids reforestation efforts with the interchange fees generated. Offering consumers options to spend, save and invest responsibly, TreeCard is changing the face of green finance. More info: LinkedIn|Facebook|@treecardapp
Prograd
Prograd, a fintech startup spearheaded by Ethan Fraenkel and Marco Logiudice, focuses on revolutionizing the credit market for young people. The fintech innovators seek to enhance the borrowing experience of consumers by improving the underwriting accuracy of lenders. Their credit marketplace is designed to make borrowing more relatable and accessible to young people. More info: LinkedIn | @prograduk
Lanistar
Lanistar, helmed by Gurhan Kiziloz, is a FinTech start-up that uses polymorphic technology to offer a customer-centric alternative to the personal finance services provided by traditional financial institutions. The start-up also plans on expanding its full-time staff and base in Greece while establishing partnerships with corporations like Mastercard and Jumio to strengthen its services. More info: @iamlanistar | LinkedIn.
Bloom Group SA
Co-founded by James Hickson, Bloom Group SA offers digital brands a unique and supportive platform to scale and accelerate growth. It provides founder-friendly capital and tools that empower businesses to unlock their potential. More info: LinkedIn | Facebook.
Fintech Farm
Fintech Farm, helmed by Alexander Vityaz, Dima Dubilet, and Mykola Bezkrovnyy, is a new fintech start-up creating digital banks in emerging markets. Bringing a new level of accessibility and convenience to banking, Fintech Farm supports the burgeoning digital trend across the financial sector. More info can be found on their LinkedIn.
Primary Portal
On a mission to connect banks and institutional investors digitally, Primary Portal pioneers digitized solutions for capital markets. Co-founded by Ilan Leshem and John Bentinck, this FinTech start-up offers additional convenience and accessibility to major financial players, facilitating seamless transactions. You can find more about them on their LinkedIn.
Bumper
Bumper, spearheaded by Gareth Ward and Jonathan DeCarteret, safeguards crypto assets against negative price changes. The platform removes downside volatility risk and transfers price risk to less volatile cryptocurrencies. Bumper provides a decentralised approach to protecting asset price risk, making it a viable alternative to traditional stop-loss and options markets. More info: @bumperfinance | LinkedIn.
PawaPay
Founded in 2020, PawaPay is focused on simplifying mobile money infrastructure. This payment start-up offers mobile payment solutions to African customers and businesses, making financial services more accessible. PawaPay’s simple API helps simplify mobile payments across borders. More info: @pawapay | Facebook | LinkedIn.
DFX Finance
Adrian Li and Kevin Zhang founded DFX Finance with a mission to revolutionize stable coins’ use beyond the U.S dollar. This new decentralized finance exchange protocol optimized for non-U.S. dollar stable coins aims to diversify the use and potential of stable coins in financial markets globally. More info: LinkedIn | @dfxfinance.
