About Us

The Creation of CFIT

The Centre for Finance, Innovation and Technology (CFIT) was created as a key recommendation of the Kalifa Review of UK Fintech in 2021. The Kalifa review recommended the establishment of a Centre for Finance, Innovation and Technology (CFIT). At the Spending Review in 2021, the government confirmed it would provide seed funding to get CFIT up and running and HM Treasury selected the City of London Corporation as the delivery partner.

CFIT launched on Tuesday, 28 February 2023 at Nexus, Leeds University. As a leading regional hub of the Northern Powerhouse (NPH), Leeds was the perfect place to launch CFIT – offering a great opportunity to see how regional hubs and CFIT will work together with the next generation of innovators across academia, industry, investment, finance, technology, and beyond.

Our Purpose

CFIT will ensure the UK will not only be the global leader for fintech start-ups, but also
the best place in the world to scale a business and take solutions from IP creation
through to widespread adoption.

Achieving our goals will solidify the UK as best in class for fintech innovation,
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 and fintech founders and entrepreneurs in the UK. Working as a dynamic results-oriented team, CFIT is able to bring together the financial services sector to achieve our goals.

Learn more about the people behind CFIT