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FinTech
The FinTech capital of the North
Technology is playing an increasingly important role in financial, professional and business services and Manchester has the talent to help companies grow their tech footprint.
The city has a strong collection of financial technology (FinTech) companies and departments; from well-established businesses, including The Co-operative Bank, HSBC and Barclays, supporting the financial services sector – to smaller firms developing innovative solutions that disrupt traditional business models.
As one of the UK’s fastest growing regions for FinTech, Manchester provides market opportunity, talent, cost competitiveness, research and innovation, and expert support. The city has also been recognised for its FinTech potential by industry body Innovate Finance and the Financial Conduct Authority.
The region is home to 80,000 technology professionals as well as several universities and institutes that have a proven track record of working closely with industry on research and development projects, in addition to providing FinTech businesses with a sustained talent pipeline.
MIDAS, Greater Manchester’s inward investment agency, helps businesses connect with this network of businesses and expertise to help them establish a foothold in one of the top locations for FinTech innovation and investment.
Why Manchester?
Manchester has established a strong business environment, which includes an existing eco-system of bank and insurance technology operations, a strong and growing pool of tech talent, and a robust technology infrastructure.
As well as being home to an array of big brands, Manchester has a growing presence of start-up FinTech firms specialising in a range of areas such as payments, software, platforms, analytics and cyber security. Sector growth in Manchester outstrips anywhere else in the UK, growing 50% over the past decade, which is five times more than the national average.
There is a genuine start-up culture in the city, with numerous tech events taking place and plenty of entrepreneurial spirit. There is also an array of FinTech and digital hubs in Manchester, from commercial accelerators to co-working spaces, providing a base for start-ups, SMEs and larger firms to collaborate.
MIDAS’ services
Manchester is a city that is committed to supporting new investors and helping existing companies to grow. MIDAS can signpost businesses towards the range of initiatives and provide guidance on funding to enable growth.
The services provided by MIDAS save businesses money, time and effort. By providing you with access to expert knowledge and local intelligence, we can ensure a faster and more successful move.
We can help you with:
• Research support and business case development
• Making introductions to local networks
• Recruitment and training support and advice
• Finding property solutions
• Relocation advice and assistance
• Post-investment marketing and PR support
Contact us to find out how MIDAS can help your business move to Manchester. You can also keep up-to-date with us via Twitter and LinkedIn.
Find Out More
Global brands, SMEs and start-ups alike are thriving in Manchester thanks to the city’s outstanding connectivity, its international reputation for innovation and the wealth of expert talent available here. MIDAS – the city’s dedicated inward investment agency – has helped hundreds of businesses relocate to or expand into the city.
Do you want to find out more about Manchester and how MIDAS can support your business relocation or expansion? Register here to receive useful resources about Manchester and MIDAS’ support package.
Download the FinTech Brochure here.
Get in Touch
Find out how Manchester can help you innovate. Talk to our sector specialist:
Deborah Walker
Head of Business Development – Financial & Business Services
T: +44 (0) 161 237 4425
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