金融科技的增长愿景

Authors Luke KoskyFintech Policy LeadStartup Coalition Charlie MercerPolicy Director AboutStartup Coalition Startup Coalition, formerly the Coalition for a Digital Economy (Coadec), is an independent advocacygroup that serves as the policy voice for Britain’s technology-led startups and scaleups. Startup Coalitionwas founded in 2010 by Mike Butcher, Editor-at-Large of technology news publisher TechCrunch, andJeff Lynn, Chairman and Co-Founder of online investment platform Seedrs. Startup Coalition works ExecutiveSummary:Growth The UK's fintech sector stands as one of our greatest economic assets, having raised nearly £40 billionover the past five years, and produced more unicorns, privately held companies valued above £1 billion,than any other technology sector in the country. This remarkable success stems from the UK's position Last year, ahead of the General Election, we partnered with the Tony Blair Institute to outline a blueprintfor the government to harness the fintech ecosystem to support the delivery of progressive missions,including financial literacy, inclusion, and innovation. A year on, the first Labour Government in 14 years Our vision for unleashing fintech growth in the UK focuses on three strategic pillars that will enable thesector to thrive while delivering broader economic and social benefits. Deliver Manifesto Commitments The Government must quickly implement its key manifesto commitments: making Open Finance happenthrough a statutory instrument with clear implementation timelines; positioning London as the GreenFinance Capital of the world through data standardisation and support for voluntary carbon markets; and A Regulatory Revolution The financial regulatory system must be fundamentally reimagined to balance consumer protection withinnovation and growth. We advocate clearing the regulatory backlog through a one-time authorisationinitiative; implementing a 6-month authorisation guarantee with a "pay for speed" program; creating a Make Payments Pay The UK payments landscape suffers from opacity that undermines competition and stifles innovation. Wepropose mandating adoption by the data holders of currently optional API standards for Open Banking;establishingcomprehensive transparency requirements for payment processing fees;creating Introduction:Progressive The financial services sector stands as one of the UK’s greatest economic assets, contributing 10% oftotal economic output and employing over one million people across the country.1At its cutting edge, theUK's fintech ecosystem has emerged as a global success story, raising nearly £40 billion over the pastfive years and producing more unicorns than any other technology sector in the UK.2 Yet despite this success, the sector faces significant challenges that threaten to undermine its growthpotential. Investment in UK fintech declined by 48% year-on-year in 2023, while regulatory backlogs andincreasing authorisation rejection rates have created uncertainty for innovative firms. The FCA cancelled The UK's fintech sector represents a powerful tool for driving economic growth and addressing barriersto opportunity across the nation. Last year, in our Progressive Vision for Fintech report published in We identified three core pillars for a progressive approach to fintech policy. First, fintech can fueleconomic growth through both the continued expansion of the sector itself, and by enabling efficienciesacross the wider economy. Second, fintech can break down barriers to opportunity - from increasingreturns for savers and pension holders, to reducing costs for small businesses and enhancing financial After extensive consultation with the sector ahead of this report through targeted roundtables andfounder surveys, we heard that by optimising foundational innovation incentives, improving regulatorycertainty, and cultivating competition, the government can position fintech as a catalyst for sustainableeconomicgrowth.Meanwhile,by developing a national financial inclusion strategy with financial Inour report,we established that financial innovation and technology are powerful tools for amission-driven government - twelve months later, however, we’re doubling down on the most enablingmissionof them all:economic growth.Fintech has been a creator of jobs, innovation, financial which this asset is exploited and deployed will be helped or hindered by the actions of the Government. The Government has a vision for the country based on sustainable economic growth. This report Deliveron Manifesto In July 2024, the first Labour Government in fourteen years was elected with a mandate for change.Importantly there were multiple commitments made during the election that set the stage for a Growth 1.To ensure Startups have access to finance they need to grow2.Make Open Finance Happen3.Make London the Green Finance Capital of the world EnsureStartups Have Access to Finance The UK has done a superb job at creating a liquid early-stage