Inside Fintech Founders, the exclusive network of fintechs execs with a line to the UK government
Henham Strategy has provided the secretariat for the group Fintech Founders since 2018. Taking it from a supper club to a community of over 450 founders, Henham leads on its advocacy work. Over the years, Henham has connected members with MPs, ministers, regulators, and others to progress the issues that matter to the sector.
Henham has helped the group get the attention of Government using our expertise in the area to pull the right levers. We understand that change can be incremental but making sure a group’s voice is consistently heard can make a difference. Founders are often particularly time poor and are too busy building and scaling their businesses to be able to delve into the world of Westminster to advocate on their own behalf. On the other side, MPs can struggle to understand the specific needs of a sector that bridges financial services and emerging technologies.
Fintech Founders as a group has taken on the voice of founders. They advocate for greater government support for the fintech sector, including calling for a comprehensive fintech strategy to ensure the UK maintains its competitive edge in the global financial landscape. The group understands the need for increased government funding for startups, to drive innovation and create job opportunities. They believe that adequate financial backing is essential for fintech companies to thrive, allowing them to develop cutting-edge solutions that benefit consumers and businesses alike.
Founders also believe that the current regulatory landscape can stifle innovation, making it crucial for policymakers to create a more favourable environment. By streamlining regulations and providing clearer guidelines, the government can help startups navigate the complexities of compliance, allowing them to focus on developing their products and services.
The partnership of Fintech Founders and Henham Strategy has led to founders being able to meet chancellors, give evidence at select committee sessions, and speak to MPs about these issues and possible solutions, moving the conversation forward.