Finance Workshop

Building a budget bank

The hardest part of creating a bank for people on low incomes appears to be running call centres. Most startup ideas tend to take aim at the affluent. In fact, it’s a growing concern that the fruits of innovation are commonly made by and for those people with lots of disposable cash. One business that’s not following that script is …

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Brexit: All eyes on fintech

The most immediate startup victim of Brexit is the financial technology sector. So-called ‘passporting’ allows financial firms to carry out services licensed in one EU country across European borders. That’s all been thrown into jeopardy. The ‘fintech’ sector has in recent years been earmarked as London’s trump startup sector; a number of companies doing innovative stuff around financial services have …