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17 April 2020

First cohort of firms join rebranded IA FinTech hub - Engine

Five new firms to join the IA's FinTech accelerator. Accelerator rebranded ‘Engine’. New Global Fintech Partners Programme launched.

The latest five firms chosen to take part in the Investment Association’s FinTech accelerator programme have today been unveiled by the trade body, as it announces the programme and FinTech hub will be rebranded ‘Engine’.

The six-month FinTech accelerator programme (formerly known as Velocity) aims to connect best-in-class FinTech innovators with investment managers looking to transform the investment process. The role of technology during the coronavirus crisis is fundamental in overcoming operational challenges, creating efficiencies and increasing competitiveness.

The evolution of the IA’s FinTech offering from Velocity to Engine reflects the growth and maturing of the IA’s FinTech ambitions. Since launching, the IA has expanded its hub and accelerator in London, launched its co-working ‘Engine Room’ in Birmingham, and developed global FinTech initiatives and partnerships.

The selected firms will benefit from unparalleled access to the IA and its industry expertise, as well as gaining valuable exposure to industry networks and potential clients. Participants benefit from mentoring from the industry-expert Engine Advisory Panel, which helps firms unlock their potential and implement solutions throughout the sector.


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