CENTRE FOR FINANCE, INNOVATION
AND TECHNOLOGY

Unlocking financial innovation and economic growth

CFIT is leading the drive to enhance the UK’s position as a global leader in financial innovation by bringing together the best minds from across the UK to identify key challenges faced by industry and to create financial solutions that benefit individuals, business and the wider-economy.

Discover more about us

Discover Our Latest Reports

Market Opportunity Working Group Report

This Market Opportunity Working Group report builds on the foundation of CFIT’s second coalition, which answered the question: why does Digital Company ID matter, and does it work? This Working Group report aims to answer: what happens next if Digital Company ID is adopted at scale, and where does value accrue?

Download our Market Opportunity report

Trust & Governance Framework Working Group Report

For the Digital Company ID to succeed, it must be trusted. That trust depends on clear rules about how company identity information is created, verified, shared, and governed. This report sets out a proposed trust and governance framework to support the safe and effective implementation of Digital Company ID in the UK.

Download our Trust & Governance report

How we foster financial innovation in the UK

CFIT unlocks innovation and drives market development by bringing together leading experts from government, regulators, technology hubs, and financial institutions to co-design financial solutions to the key challenges facing industry and the economy. These CFIT ‘coalitions’ test solutions and strategic initiatives ahead of the formal rollout of our data-driven reports and findings.

For Public Institutions
  • Improve policy outcomes with direct industry insight
  • Accelerate adoption via real-world validation
  • De-risk innovation through early research, prototyping and user testing
For Industry
  • Drive innovation that is commercially viable and policy-ready
  • Reduce market risk by aligning with government direction
  • Gain policy clarity to guide investment decisions

Our coalition approach

At the heart of CFIT’s approach is the coalition model, a dynamic and purpose-driven collaboration of industry experts focused on driving meaningful change in the financial technology sector. Through research-led initiatives, these coalitions tackle complex challenges and develop innovative solutions that deliver real-world impact for UK consumers and the wider economy.

Coalition Journey

Our Coalitions are designed to operate within defined timeframes, ensuring measurable impacts and outcomes are delivered as quickly as possible for individuals and businesses.

Find out more about joining a coalition

Interested in joining a CFIT Coalition? Select your Coalition of interest and enter your email below, and a member of our team will be in touch with more information.

Discover more about our other coalitions

Explore our other coalitions to see how CFIT is bringing together industry leaders to address some of the most pressing challenges in financial innovation. From unlocking access to finance for SMEs to accelerating the adoption of open finance, each coalition is focused on delivering practical, data-driven solutions with real impact. Discover how these initiatives are shaping the future of financial services across the UK and beyond.

Explore our coalitions

Our Financial Innovation partners

CFIT is partnering with some of the world’s leading financial institutions, fintech companies and industry bodies in our drive to scale financial innovation.

Our impact on financial innovation

Global Competitiveness
We are strengthening the UK’s leadership in financial and digital technologies
Increased Investment
Greater private sector confidence in UK innovation aligned with national priorities
Smart Public Services
Government supported initiatives built with real-world input and user-centric design

 

Our team

Our team comprises some of the leading financiers, bankers, innovators, fintech founders and entrepreneurs in the UK. Working as a dynamic results-oriented team, CFIT is able to bring together and mobilise the financial services sector to achieve our goals.

Our Team

 

News and Events

19/03/20262min read

CFIT Coalition Provides First Real-World Pathway To Digital Company ID

24/11/20254min read

As Government launches SME lending review, new tech could unlock £5bn in credit annually by halving declined applications – FXE and CFIT-led coalition

20/11/20255min read

Government-backed Open Property Coalition to Accelerate Digitisation of Homebuying

24/09/20252min read

CFIT appoints new Chair and NEDs