fintech ecosystem in london

Photo by @Doug88888 - Creative Commons Attribution-NonCommercial-ShareAlike License https://www.flickr.com/photos/29468339@N02 Created with Haiku Deck FinTech FUSION, 1-2 Feb 2016

FINTECH Ecosystem in London & How Switzerland can build up vibrant FINTECH Ecosystem, too

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FINTECH CIRCLE - OVERVIEW

Europe’s 1st Angel Network focused on FINTECH investments

Educational FINTECH Events & largest FINTECH Networking Group on Linked In with 9,000 members

FINTECH Advisory & Corporate Venturing - Supporting financial services organizations with their FINTECH strategy => Innovation as a Service

Customized FINTECH Tours for C-level execs

2 day FINTECH Tours for international fintech startups to London to learn about London’s ecosystem

First crowdsourced book on the global fintech sector – more than 160 authors submitted 180 abstracts from 27 countries

Published by Wiley in April 2016

© FINTECH CIRCLE 2016

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Helping to Grow your FINTECH Business

>200 STARTUPS SCREENED

Top STARTUPS INTRODUCED

TO INVESTORS

LONDON BASED & GLOBAL OUTLOOK

Network Of 80

FINTECH investors

RAISING UP TO £500K

>10,000 TWITTER Followers

9,000 LINKEDIN GROUP

MEMBERS

TOP 16 GLOBAL FINTECH BRAND


billion in 2015 was invested into FINTECH

GLOBAL FINTECH

$22

Digital revolution in financial services

Growth of 68% over 2014

Photo by swisscan - Creative Commons Attribution-NonCommercial-ShareAlike License https://www.flickr.com/photos/7578081@N07 Created with Haiku Deck FINTECH Circle www.fintechcircle.com @fintechcircle FINTECH Circle Innovate The FINTECH Book

http://www.fintechcircle.com/

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Tech Giants are moving into Financial Services – Banks watch out!


Financial Innovation Now is an alliance of technology leaders working to modernize the way

consumers and businesses manage money and conduct commerce. We believe that technological transformation will make financial services more accessible, safe and affordable for everyone, and we promote policies that enable these innovations.

Our member companies include Amazon, Apple, Google, Intuit and PayPal.

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Drivers for Fintech Solutions

The Future of Financial Services – 11 Clusters


Disruption is not an „event‟

It is continuous pressure to innovate

Innovation cluster

exerting pressure on

existing business models

Six Themes of innovation across all clusters

1 Streamlined infrastructures

2 Automation of high-value activities

3 Reduced intermediation

4 The strategic role of data

5 Niche specialised products

6 Customer empowerment

Source: WEF – The Future of Financial Services, 2015

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What are the secret ingredients to grow a global FINTECH Hub?


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Ingredient 1: Government Support


Launch of Innovate Finance In 2014 With UK Chancellor George Osbourne “I want the UK to lead the world in FINTECH!”

UK FINTECH Missions to major Financial Hubs • New York • Singapore • Etc => Unlimited exposure for fintech firms

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Ingredient 2: Tax Support to encourage seed stage/Angel Investing


Seed Enterprise Investment Schemes (SEIS) Enterprise Investment Scheme (EIS)

• Investing in smaller companies - providing even more generous tax breaks. Businesses must be less than two years old (there are no age restrictions under EIS).

• Income tax relief of 50 per cent. • No capital gains tax to pay on profits • No inheritance tax • Loss relief • Extra relief called capital gains reinvestment relief.

• Income tax relief of 30 per cent. • No capital gains tax on any profits after 3 years. • If you make a loss on your investment, you can offset

that loss against income tax. • No inheritance tax to pay on shares bought through

EIS. • Investors can invest a maximum of £1 million each

year through EIS.

Objective: Close the funding

gap for start-ups & SMEs By providing “Smart Capital”

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Ingredient 3: Remove bureaucracy to set up a business


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Ingredient 4: A supportive Financial Regulator is key – FCA’s Project Innovate


Objective: Help fintech firm with free

legal advice and authorization if required

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Ingredient 5: Collaboration across all Stakeholders (examples below)


Tour dates: 15/16 May 16/17 Sep 28/29 Nov

Europe’s 1st Angel Network

Focused on Fintech

Established Financial Services, Payments & Tech Companies

FinTech Accelerators Academia Funding

Media Mentoring Inviting global Start-ups to London

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Now over to You:


“What’s your

organizational

FINTECH

Strategy?” Organizational

Alignment

Innovation Labs/ Incubators/ Accelerators

Collaboration with FINTECH

Startups

Corporate Venturing/

Investments

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Asset Management/Robo-Advisory Research


“How will

Private Banks

adopt to

FinTech?” If you want to join educational sessions/workshops or if you are a FINTECH start-up offering great solutions in

Wealth Management, pls contact Nicolas: [email protected]

Susanne provided Keynote on Robo-Advisory Trends at Carmignac Asset Management Conf

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1st Globally Crowdsourced Book on FINTECH provides answers


Published by Wiley in April 2016

• Globally crowdsourced & crowd-voted

• Helps to understand both the “big” picture plus latest FINTECH trends

• Top FINTECH Authors

• Sign up online – global Book Launch Parties

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The Future of Financial Services will be FINTECH


“First they ignore you, then they

laugh at you, then they fight you,

then you win”

Mahatma Gandhi

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Susanne Chishti – Contact Details


• CEO & Founder of FINTECH Circle (incl FINTECH Tours to London)

• Chairman of FINTECH Circle Innovate

• Co-Editor The Fintech Book

• @SusanneChishti

@FINTECHCircle www.FINTECHCircle.com

@FINTECHTours www.FINTECHTours.com

@FTCInnovate www.FINTECHCircleInnovate.com

@TheFINTECHBook www.TheFINTECHBook.com

fintech ecosystem in london

Presentations & Public Speaking