12-week programme will discover potential FinTech partners
IN BREIF:
- Launch Innovation is a 12-week programme to collaborate with FinTechs and InsurTechs
- Top applicants will be invited to run a commercial experiment with Lloyds Banking Group, with a possible further partnership
- Last year’s participant, Caura, received a £4milllion investment from the Group
What does this mean?
Kirsty Rutter, FinTech Investment Director at Lloyds Banking Group, said: “We have an ambition to become the best bank for FinTech and InsurTechs to work with and we recognise that better collaboration with FinTechs and InsurTechs is key to delivering exceptional service and enhancing our capabilities. We are really looking forward to hearing from this year’s applicants and how we might work together to build the bridge between the needs of our business and personal customers, and the FinTech community.”
