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Fintech

Ron Kalifa: Here’s how I’m fighting to keep London’s fintech dominance

A year on from his landmark review into the UK's fintech scene, former Worldpay boss Ron Kalifa looks at whether any real progress has been made, and where the sector should go from here

Despite major progress to keep the UK at the forefront of global innovation, there are still challenges for us to overcome
Despite major progress to keep the UK at the forefront of global innovation, there are still challenges for us to overcome Photo: Getty Images

As UK fintech continues to mature, it is vital that we all continue to influence the policy environment. I welcome that many have tried to push these issues further up the agenda since the fintech review, which was published last year. That push to hold decision-makers’ feet to the fire deserves praise.

Representing 10% of the global market share and contributing more than £11bn a year to the economy, UK fintech has established itself as a dominant force. It has a strong global brand and has created a thriving startup ecosystem.

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