An overview of the fintech industry and what London does to be the leader. A presentation made at Fintech Fusion Geneva by Susanne Chishti from FINTECH Circle.

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FinTech FUSION, 1-2 Feb 2016
FINTECH Ecosystem in London & How Switzerland
can build up vibrant FINTECH Ecosystem, too

2. p2
FINTECH CIRCLE - OVERVIEW
 Europe’s 1st Angel Network focused on FINTECH investments
 Educational FINTECH Events & largest FINTECH Networking Group on
Linked In with 9,000 members
 FINTECH Advisory & Corporate Venturing - Supporting financial
services organizations with their FINTECH strategy => Innovation as a
Service
 Customized FINTECH Tours for C-level execs
 2 day FINTECH Tours for international fintech startups to London to
learn about London’s ecosystem
 First crowdsourced book on the global fintech sector – more than
160 authors submitted 180 abstracts from 27 countries
 Published by Wiley in April 2016
© FINTECH CIRCLE 2016

3. p3
Helping to Grow your FINTECH Business
>200
STARTUPS
SCREENED
Top STARTUPS
INTRODUCED
TO INVESTORS
LONDON BASED
& GLOBAL
OUTLOOK
Network
Of 80
FINTECH
investors
RAISING
UP TO
£500K
>10,000
TWITTER
Followers
9,000
LINKEDIN
GROUP
MEMBERS
TOP 16
GLOBAL
FINTECH
BRAND
© FINTECH CIRCLE 2015

4. billion in 2015
was invested into
FINTECH
GLOBAL FINTECH
$22
Digital revolution
in financial services
Growth of
68% over 2014

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FINTECH Circle www.fintechcircle.com @fintechcircle FINTECH Circle Innovate The FINTECH Book

6. p6
Tech Giants are moving into Financial Services – Banks watch out!
© FINTECH CIRCLE 2016
Financial Innovation Now is an alliance of technology leaders working to modernize the way
consumers and businesses manage money and conduct commerce. We believe that
technological transformation will make financial services more accessible, safe and
affordable for everyone, and we promote policies that enable these innovations.
Our member companies include Amazon, Apple, Google, Intuit and PayPal.

7. p7
Drivers for Fintech Solutions
The Future of Financial Services – 11 Clusters
© FINTECH CIRCLE 2016
Disruption is not an „event‟
It is continuous pressure to innovate
Innovation cluster
exerting pressure on
existing business models
Six Themes of innovation across all clusters
1 Streamlined infrastructures
2 Automation of high-value activities
3 Reduced intermediation
4 The strategic role of data
5 Niche specialised products
6 Customer empowerment
Source: WEF – The Future of Financial Services, 2015

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What are the secret ingredients to grow a global FINTECH Hub?
© FINTECH CIRCLE 2016

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Ingredient 1: Government Support
© FINTECH CIRCLE 2016
Launch of Innovate Finance
In 2014
With UK Chancellor
George Osbourne
“I want the UK to lead the
world in FINTECH!”
UK FINTECH Missions to major Financial Hubs
• New York
• Singapore
• Etc
=> Unlimited exposure for fintech firms

10. p10
Ingredient 2: Tax Support to encourage seed stage/Angel Investing
© FINTECH CIRCLE 2016
Seed Enterprise Investment Schemes (SEIS) Enterprise Investment Scheme (EIS)
• Investing in smaller companies - providing even more
generous tax breaks. Businesses must be less than two
years old (there are no age restrictions under EIS).
• Income tax relief of 50 per cent.
• No capital gains tax to pay on profits
• No inheritance tax
• Loss relief
• Extra relief called capital gains reinvestment relief.
• Income tax relief of 30 per cent.
• No capital gains tax on any profits after 3 years.
• If you make a loss on your investment, you can offset
that loss against income tax.
• No inheritance tax to pay on shares bought through
EIS.
• Investors can invest a maximum of £1 million each
year through EIS.
Objective:
Close the funding
gap for start-ups & SMEs
By providing “Smart Capital”

11. p11
Ingredient 3: Remove bureaucracy to set up a business
© FINTECH CIRCLE 2016

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Ingredient 4: A supportive Financial Regulator is key – FCA’s Project Innovate
© FINTECH CIRCLE 2016
Objective:
Help fintech firm with free
legal advice and authorization
if required

13. p13
Ingredient 5: Collaboration across all Stakeholders (examples below)
© FINTECH CIRCLE 2016
Tour dates:
15/16 May
16/17 Sep
28/29 Nov
Europe’s 1st
Angel Network
Focused on Fintech
Established Financial Services, Payments & Tech Companies
FinTech Accelerators Academia Funding
Media MentoringInviting global Start-ups to London

14. p14
Now over to You:
© FINTECH CIRCLE 2016
“What’s your
organizational
FINTECH
Strategy?”
Organizational
Alignment
Innovation Labs/
Incubators/
Accelerators
Collaboration
with FINTECH
Startups
Corporate
Venturing/
Investments

15. p15
Asset Management/Robo-Advisory Research
© FINTECH CIRCLE 2016
“How will
Private Banks
adopt to
FinTech?”
If you want to join educational sessions/workshops or
if you are a FINTECH start-up offering great solutions in
Wealth Management, pls contact Nicolas:
NSteiner@FINTECHCircleInnovate.com
Susanne provided Keynote on Robo-Advisory
Trends at Carmignac Asset Management Conf

16. p16
1st Globally Crowdsourced Book on FINTECH provides answers
© FINTECH CIRCLE 2016
Published by Wiley in April 2016
• Globally crowdsourced
& crowd-voted
• Helps to understand both
the “big” picture plus
latest FINTECH trends
• Top FINTECH Authors
• Sign up online – global
Book Launch Parties

17. p17
The Future of Financial Services will be FINTECH
© FINTECH CIRCLE 2016
“First they ignore you, then they
laugh at you, then they fight you,
then you win”
Mahatma Gandhi

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Susanne Chishti – Contact Details
© FINTECH CIRCLE 2016
• CEO & Founder of FINTECH Circle
(incl FINTECH Tours to London)
• Chairman of FINTECH Circle Innovate
• Co-Editor The Fintech Book
• @SusanneChishti
@FINTECHCircle
www.FINTECHCircle.com
@FINTECHTours
www.FINTECHTours.com
@FTCInnovate
www.FINTECHCircleInnovate.com
@TheFINTECHBook
www.TheFINTECHBook.com