- Thursday 24 September 2020
- Professor Gbenga Ibikunle, Director of the MSc Finance, Technology and Policy (Chair)
- Dr Raffaella Calabrese, Senior Lecturer in Data Science
- Manu Peleteiro, CEO of InBest
- Maggie Craig, Head of FCA Scotland Office
- Myles Stephenson, CEO of Modulr
Covid-19 has created the deepest crisis for a generation, posing enormous health, societal, and economic challenges to us all. While the Fintech sector has been buffeted by the economic slowdown, it is also well placed to respond quickly to the crisis, both because of its focus on digital platforms and the fact that agility and innovation runs through its DNA. As social distancing has become the norm, there has been huge growth in the use of digital financial services, cashless transactions and ecommerce; all bread and butter to this sector.
One characteristic of many of the products and services developed by Fintechs is their focus on social good, such as in providing funding solutions and cashflow management tools for SMEs, and improved access to finance for those who have traditionally been outside the banking system. Scotland's Fintech sector is the biggest in the UK outside London, with over 130 ventures creating a vibrant ecosystem. Come and participate in our discussion about how Scotland's Fintech community can be a force for good in responding to the challenges of Covid.
The event will include a presentation by Dr Raffaella Calabrese of a collaborative research project with Scottish Fintech Inbest that aims to address the challenge of accessing income benefits and affordable finance swiftly for those who have become financially vulnerable as a result of the Covid crisis. This event is being held jointly with the Edinburgh Futures Institute, of which Professor Ibikunle is a director, and which jointly runs the MSc Finance, Technology and Policy programme.