The founder and former chair of Metro Bank and Atom Bank has launched a business designed to support the next generation of fintech startups.
In brief:
-Anthony Thomson’s latest venture, known as Archie, aims to identify and back high-potential, early-stage technology firms.
-Archie will support businesses during their go-to-market stage with the goal of improving their chances of success.
-It will initially focus on partnering with fintechs in Thomson’s home country of Australia, as well as startups in the UK and in the Middle East.
What does this mean?
Thomson said: “Fintechs are a force of good – for years they’ve disrupted the financial services industry, providing better products, services and experiences for customers. But despite many great ideas, too many have fallen short, having not had the support they need.
