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SteelEye selected for inaugural UK Government FinTech programme

SteelEye selected for inaugural UK Government FinTech programme

Banking & FinanceGovernmentTop StoriesUnited Kingdom

SteelEye, the compliance technology and data analytics firm, has announced that it has been selected as one of 20 companies in Tech Nation’s first inaugural Fintech Programme, part of HM Treasury’s FinTech strategy to support the development of fast-growing tech companies.

The five month programme supports the growth of the top 20 most promising early-stage FinTech companies across a wide range of regions in the UK. Through the programme, SteelEye will gain exclusive access to some of the most successful and inspiring entrepreneurs and field experts in the FinTech space, who will be available to advise on many aspects of managing a high-growth business, including scaling challenges, partnerships and international expansion. The scheme will culminate with a networking trip to the US to meet potential North American-based investors, clients and partners.

With over 100 applications, selection was a highly competitive process. SteelEye was chosen as part of the Tech Nation cohort due to its dedication to innovation in the financial sector, and demonstration of the true value of FinTech in improving the operations of financial services. The 20 firms selected to join the first cohort operate across a wide range of areas, including payments, financial inclusion, regtech, AI, SME financing, open banking and cryptocurrencies.

Matt Smith, CEO of SteelEye, said: “We are delighted to have been selected by Tech Nation as part of its exclusive FinTech Programme – its very existence demonstrates the transformative impact that UK FinTech firms are having on the international financial services sector and our inclusion is testament to the important work that SteelEye is doing. Not only are we ensuring financial services firms meet their regulatory requirements, but we are also helping them to analyse their regulatory data to gain key business insights. The programme will give SteelEye access to invaluable advice from a range of hugely successful FinTech entrepreneurs to help further grow the business and exploit multiple opportunities internationally.”

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