September 26th, 2018
KPMG Report Commissioned by the City of London: Value of Fintech
City of London, UK | October 2017
This research seeks to ‘unpack’ the term Fintech and its value, not only to financial services but also to other areas of the economy.
The report considers the position of SMEs, and whether they stand to benefit more from Fintech than they have through financial services conventionally delivered. It also aims to demonstrate how Fintech will continue to open access to financial services to individual consumers, particularly those hardest to reach.
The key recommendation is for a sector deal for Fintech that reinforces and cements the UK as a leading global hub for Fintech as the number one destination for Fintech businesses. This will develop a single policy vision for Fintech, coordinate open standards, enhance regional engagement and support talent development and greater access to capital for Fintech businesses.
This report was commissioned by the City of London Corporation and produced by KPMG.
The National Crowdfunding Association of Canada (NCFA Canada) is a cross-Canada non-profit actively engaged with both investment and social crowdfunding, blockchain ICO, alternative finance, fintech, P2P and online investing stakeholders across the country. NCFA Canada provides education, research, leadership, support, and networking opportunities to over 1600+ members and works closely with industry, government, academia, community and eco-system partners and affiliates to create a vibrant and innovative online financing industry in Canada. Learn more About Us or visit ncfacanada.org.