A new report from Whitecap Consulting has found Greater Manchester is home to a thriving and growing FinTech sector, which (outside London) is the largest regional FinTech ecosystem in England.

The report, based on research completed before the Coronavirus outbreak, is the first formal published analysis of the FinTech ecosystem of the Greater Manchester region. It was supported and co-funded by a number of organisations including Alliance Business SchoolBJSSCMSFinTech NorthInfinity Works, Innovate FinanceMIDAS, and The University of Manchester.

The new report has identified and researched 39 FinTech startups and scaleups within the Greater Manchester ecosystem, the largest number of all the regional FinTech ecosystems assessed by Whitecap Consulting to date. 49% of these firms are scaleups, which is also the highest proportion identified in any region. The report also finds 109 firms active in FinTech in the region, including established financial organisations, tech firms, as well as the FinTech startups and scaleups. Additionally, the report highlights a wide range of other organisations that support FinTech, including the public and private sectors, and higher education institutions.

See the attachment at the top of the page to download the report, visit the press release for more information on the publication here.