Switzerland and Austria to host its annual UK Fintech Mission

The UK Fintech trade mission will take place in Vienna and Zurich on Feb. 6-7.

Both Austrian and Swiss financial institutions will have the opportunity to meet a carefully selected group of innovative companies from the United Kingdom.

The mission aims to simulate new collaborations amongst members of the UK fin-tech delegation with that of financial institutions in Austria and Switzerland. It will also help to create new business opportunities both in these two countries and the UK. The previous two Swiss missions recorded new business worth more than £30 million.

Global Processing Services, a payment issuer processor, is one of the companies attending. The company’s technology powers the likes of Revolut, Glint, Starling Bank, Kerv, Fortress GB and Curve.

“It’s an immense honour to have been selected to be part of the UK fin-tech delegation to Austria and Switzerland,” Global Processing Services CCO Neil Harris said. “This trade mission provides a platform to demonstrate our technology and global capabilities to financial institutions based in Austria and Switzerland. It’s a true collaboration, we will learn more about their local market dynamic, and they will benefit in gaining added knowledge on existing technologies that could help them to improve their operations and innovate faster.”

“Between January and October 2017, £825 million was invested in the UK’s financial technology companies, double the amount raised in the same period in 2016,” Ambassador to Switzerland and Liechtenstein Jane Owen said. “This reflects the quality of the UK’s fintech, as does the fact that SIX Group is generously sponsoring this event for the third time in a row.”

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