FOR IMMEDIATE RELEASE
The Emerging Payments Association, one of the major Fintech trade associations supporting over 100 of the country’s leading technology innovations in the financial services sector, has welcomed the Chancellor’s announcement of a £400m allocation to a Venture Fund to assist tech start ups.
Speaking from the Emerging Payments Pay360 Conference in London ,Tony Craddock, CEO of the Emerging Payments Association commented, ‘Fintech start ups offer huge future wealth to the country, but accessing early stage funding is a major barrier to many of them succeeding, and we see far too many moving to other parts of the world for their development finance. The Chancellor’s announcement is a recognition of this and we very much welcome it.’
The Emerging Payments Association (EPA) is a thriving community of payments professionals whose goals are to strengthen and expand the payments industry to benefit all stakeholders. Since 2004 we have been instrumental in helping to connect the eco-system, encourage innovation and profitable business growth.
We achieve this by shaping a comprehensive programme of activities for over 100 member companies with help from our independent board, which addresses key issues impacting the industry.
These include targeted events, conferences, award ceremonies, critical industry projects and lobbying activities.
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