Mr. Revolt Britain’s new CEO wants London to remain a fintech hub.
He told Bloomberg News on Wednesday (March 6). Francesca Carlesi British capital warned there is a risk of loss The race to land a start-up company takes him to Paris and New York. This week, she joined the newly formed Unicorn Council by Innovate Finance, a collection of the UK’s largest fintech companies working together to promote start-up-friendly government policies, the report said. .
London led the world in launching digital banks after the financial crisis, but “something has changed in the last couple of years,” Carlesi told Bloomberg in his first interview since being hired by the digital financial services provider. Told.
Despite this, she suggested that London was still in the running as the final venue for Revolt. initial public offering (IPO).
“The UK is our home and where many of our investors come from,” Carlesi said. “We know that companies are always better off listing where their biggest markets are.”
She added that going public is not her focus at the moment. Rather, Carlesi said he wants to help Revolut address account issues and manage administrative controls and culture as it enters its third year. fight for banking license in uk
Carlesi I joined Revolut at the end of last year. From Molo, the digital mortgage lender she started. She also held senior positions at Deutsche Bank, Barclays, McKinsey & Company, and Bridgepoint Capital.
As we noted here last year, the UK has been the target of criticism for putting up barriers to fintech, especially after leaving the European Union. These concerns led to its launch last year. fintech growth fundWhich plan to invest between $12.7 million to $127 million It has been deployed by a variety of companies, including consumer-focused challenger banks, payment technology groups, financial infrastructure providers, and regulated technology companies.
Meanwhile, earlier this week, PYMNTS examined the current state of fintech in the wake of increased regulatory scrutiny of fintech. Partnership with banks.
“Traditional banks and fintech startups have partnered. Banks have accounts, decades of data, regulatory structures, and guardrails in place,” the report says.
“Fintech has technology, analytics, and user experience. In the middle sits the platform and the intermediary that connects the two. The regulatory landscape itself is fluid and dynamic, and what is certain is that regulation will become even stronger. This could force intermediaries to make calculations.”