UK Fintech companies named for DIT trade mission to US

UK Fintech companies named for DIT trade mission to US

The Department for International Trade (DIT) has selected 15 UK delegates to join the UK trade mission to Empire Fintech Week to be held from 16-20 April 2018 in New York.

It will be the second annual UK trade mission to Empire Fintech Week, which will offer UK Fintechs the opportunity to showcase their expertise to the US market. Additionally, it will allow participants to engage with US regulators and gain valuable insight into overcoming barriers to doing business overseas.

The competitive recruitment process for the trade mission was conducted in the UK in February 2018, focusing on advanced UK FinTechs entering the US market. The DIT received a total of 134 applications from market-ready UK FinTech companies.

The 2018 Mission to Empire FinTech Week will include a pre-mission briefing in London in March, full access to the Empire Startups FinTech Conference in New York on 18 April, and regulatory discussions with experts and US regulators.

The 15 UK delegates selected for the trade mission are: AccessPay, ACORN machine, Bink, CUBE, CurrencyCloud, EValue, GoCardless Ltd, LendInvest, NorthRow, Pockit, SalaryFinance, Shieldpay, Starling Bank, The ID Co and TradingHub.

UK Consul General in New York and Trade Commissioner for North America Antony Phillipson said: “After an extremely competitive application process for a trade mission to the United States, we’re incredibly pleased to be showcasing such a strong representation of British innovation.

“The quality of the delegation reconfirms the strength of the UK tech ecosystem and the importance of these transatlantic programmes.”

Empire Startups founder Jon Zanoff said: “Empire FinTech Week in New York will unite the global FinTech ecosystems and truly promote transatlantic innovation. As the week will highlight the best and the brightest in the industry, we couldn’t be more thrilled to welcome the UK delegation.”

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The event will culminate in a delegate showcase to the wider FinTech community at Barclays’ Rise New York on 20 April 2018.