The Financial Technology Association (FTA) has been formed by a number of FinTechs in the US.
In Brief:
It includes Afterpay, Betterment, Brex, Carta, Figure, Marqeta, Quadpay, Plaid, Ribbit Capital, Wise and Zest AI.
The FTA has published an introductory paper called “Shaping the Future of Finance”.
It says it will educate its stakeholders and “support he modernisation of financial regulation”.
What does this mean?
The FTA says its work related to regulation will enable it ti “drive greater financial inclusion, equity and opportunity”.
It aims to engage with the US government to highlight the financial services challenges faced by Americans.
