New York and London Fintech Scenes Bridging Gap
With the financial technology race underway, speculation over which city claims the top spot as fintech hub of the world continues to spark.
New York, London and Tel Aviv have all been mentioned and certainly each city has their equalities. New York and London, traditionally considered the financial capitals of the world, are beginning to bridge the gap and come closer together with a new agreement.
Innovate Finance, a global fintech association, announced a strategic partnership with BritishAmerican Business to help find common ground between New York and London. Both organizations are steeped in the fintech scene, with Innovate Finance considered one of the premier fintech membership associations.
The goal of the two organizations is to bridge the gap between the Atlantic and to help spark cooperation and understanding between fintech companies in both cities. As new technologies emerge at a rapid pace, the partnership hopes to standardize and align the technology between the two cities as they grow.
The partnership hopes to extend past the corporate sector and into both government and universities. The organizations plan to launch an advanced fintech course around top universities in both the US and UK, while also bridging the gap between financial regulations in the both countries.
“The partnership with BritishAmerican Business provides an ideal platform for both organisations to continue to champion the global agenda for the fintech ecosystem, and to maximise benefits to their respective members on both sides of the Atlantic,” said chairman of Innovate Finance Alastair Lukies.