Manchester has emerged as a significant player in attracting foreign investment, particularly in the FinTech sector.
With strategic initiatives and collaborations, the city is showcasing its potential as a thriving FinTech ecosystem.
Manchester has strategically positioned itself as a key destination for foreign FinTech investment. The city’s inward investment agency, MIDAS, recently hosted a delegation of FinTech companies from Baltic and Nordic regions. This initiative was part of Manchester’s efforts to promote its dynamic FinTech cluster to international investors.
In collaboration with the Department for International Trade’s Northern Powerhouse team and Whitecap Consulting, MIDAS facilitated a programme for 19 businesses from countries like Estonia, Latvia, Norway, and Denmark. These efforts underscore Manchester’s commitment to fostering a collaborative investment environment.
During the visit, guests were taken on a tour of The Vault, a cutting-edge hybrid workspace for the city’s emerging FinTech community. This tour offered a glimpse into Manchester’s diverse and competitive ecosystem.
With over 324,000 employees in financial and professional services, Manchester stands out as a thriving hub for professionals in these sectors.
By promoting its FinTech hub, Manchester continues to establish itself as a forward-thinking city, ready to embrace new financial technologies and models.
The city’s ongoing commitment to fostering a favourable investment climate is evident through continued collaboration with international agencies and hosting strategic events.
The future for Manchester’s FinTech sector looks promising, with continued efforts to engage with international markets and investors. The city’s strategic initiatives are aligned with its vision to become a global FinTech leader.
Manchester’s strategic initiatives have firmly established it as a hub for foreign FinTech investment.
The city’s collaborative efforts and vibrant ecosystem continue to attract international attention.