FinTech ecosystem in South West to be focus of new report

A new project has been announced that will involve the first detailed analysis of the FinTech ecosystem in the South West of England.

The initiative will be a collaboration across organisations from the public and private sector, as well as higher education.

The work will be led and delivered by Whitecap Consulting, the regional strategy consultancy that has conducted similar projects over recent years across numerous regional FinTech ecosystems, including an analysis of FinTech in the Bristol & Bath region, which was published in 2020.

The new analysis will cover a wider area spanning from Wiltshire and Gloucestershire down to Dorset and Cornwall and will involve the development of data and insights relating to the FinTech capability and potential of the region.

The project will be delivered in collaboration with Osborne Clarke, Cardstream, Integration Works, Invest Bristol & Bath, RSM UK, and University of the West of England (UWE), and FinTech West.

Julian Wells, director and financial services & FinTech lead at Whitecap Consulting, said: “We are excited to be working on this new project and supporting the growth of FinTech in the South West, and it will be fascinating to uncover the FinTech story of the many key hubs of the region. We’ve previously analysed the tech sector across the South West for a report, so we are acutely aware of the diverse range of tech strengths in the region.”