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Birmingham Post
Birmingham Post
Technology
Hannah Baker

Tech Nation selects Bournemouth B Corp for UK fintech programme

A Bournemouth tech company that handles admin and bills for people moving house is among 31 UK businesses to be selected for a special fintech programme being run by Tech Nation.

Just Move In, a certified B Corp business, was chosen by a panel of judges to join Fintech Cohort 3.0 - a six-month scheme for business founders.

According to Tech Nation, the programme is aimed at helping companies grow and covers topics such as sales, partnerships, and expanding internationally.

It also includes “insight sessions” with fintech entrepreneurs, investors and partners.

The latest cohort includes companies from across the fintech sector, operating in areas such as insurance, regulatory tech (regtech), open banking and digital ID.

Ross Nichols, co-founder of Just Move In, said: “We’re massively excited to be joining the fintech programme.

“Having the opportunity to discuss learnings and challenges with so many great fintech businesses is going to be incredibly valuable. We’re looking forward to getting involved with Tech Nation as much as possible.”

New data from Tech Nation reveals that the UK continues to lead Europe for fintech VC investment.

This year, $2.5billion (£1.96billion) has been invested in UK fintech companies so far, with investment levels peaking in July 2020 ($1billion).

By comparison, German fintechs have raised $1.09billion and Swedish fintechs have raised $1.06billion.

The UK also leads Europe for fintech unicorns, according to Tech Nation, with 22 fintech unicorns, compared to six in the Netherlands, four in Sweden, three in France and three in Germany.

Liam Gray, fintech lead at Tech Nation said: "The UK fintech ecosystem is truly world-leading and its strength is clearly demonstrated by the calibre of companies on this year's Tech Nation Fintech programme."

Tech Nation received 143 applications for the programme - up by almost 20 per cent from 2019.

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