The FinTech sector in Leeds City Region has shown growth in several key areas over the last two years according to a new report published by regional strategy consulting firm Whitecap Consulting.

The report analyses the region’s FinTech ecosystem and represents an update on a previous report which was published in November 2018. It has been produced with support from a number of organisations in the region, including Leeds City CouncilBJSSCEGDAC BeachcroftEquinitiFirst DirectInfinity Works, and FinTech North. It also features a foreword from the Charlotte Crosswell, CEO of Innovate Finance, and Chris Sier, HM Treasury FinTech Envoy and Chairman of FinTech North.

There have been several key developments since the previous analysis into Leeds City region’s FinTech ecosystem including  a stronger cluster of FinTech startups and scaleups, more physical spaces to support FinTech firms and more collaboration between businesses and universities. The long standing presence of the financial sector in the region remains a core strength: Three of the top five building societies are based in Leeds City Region; Leeds is the only UK city outside London where each of the three major credit reference agencies has a main office; and there are over 40 established financial organisations based in the region. Leeds has also developed a significant strength in financial technology consulting, with an exponential growth in tech jobs evidenced in this sector.

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