About Us

CFIT’s journey

CFIT was established as a flagship recommendation of the 2021 Kalifa Review of UK Fintech, with seed funding from the UK government and delivery led by the City of London Corporation.

Officially launched in February 2023 in Leeds, CFIT brings together leaders from finance, technology, academia and regulators to drive innovation and unlock growth across the UK’s financial ecosystem.

Through our coalition work, we unite industry experts to tackle the sector’s most pressing challenges using research-led, data-driven approaches. Focused on impact, CFIT delivers tangible outcomes such as minimum viable products, regulatory frameworks, and strategic partnerships, setting the pace for transformation in financial services and cementing the UK’s position as a global fintech leader.

Timeline

February 2023 – CFIT is Launched as a key recommendation of the Kalifa Review on UK Fintech
July 2023 – Commencement of Coalition 1, Open Finance
February 2024 – Open Finance Blueprint Published
July 2024 – Coalition 2, Digital Verification is formally started
March 2025 – Digital Verification Showcase Day and Blueprint Published

Our Purpose

CFIT aims to position the UK as the global leader for fintech start-ups and also the best place in the world to scale a business and take solutions from IPI creation through to widespread adoption.

Achieving our goals will safeguard the UK’s reputation as a secure and forward-thinking place to do business, positioning our economy for sustained success and growth. Our key priorities are:

 

The CFIT 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.

Learn more about the people behind CFIT