Consultancy firm EY has launches its first UK Fintech lab.
In Brief:
The Lab aims to collaborate with startups and scaleups focused on innovation.
The first Lab is in London with a second planned for Edinburgh next year.
It’s all part of EY’s wider FinTech growth plans which will see millions of pounds worth of investment in the coming year.
What does this mean?
EY has been on a FinTech hiring spree to bolster its team in preparation for a renewed focus in supporting startups and scaleups to grow. Most recently Mark Jannetta, formerly of Barclays Ventures, has been taken on to run the EY Fintech Lab.