The Fintech Power 50 Annual Guide 2024

Page 9

S H I F T

SHIFT-ING UP A GEAR A community that brings fintech founders and leaders together with key decision-makers from top financial institutions is helping to promote the UK’s open finance agenda

In the fast-evolving landscape of fintech, with open finance beginning to take hold across the UK, one community stands out as a beacon of collaboration and progress: SHIFT. Launched in 2021 by Woodhurst Consulting in response to a growing need for industry collaboration to progress the UK’s open finance agenda, SHIFT operates three complimentary services: the SHIFT Open Finance Community, the Fintech Champions Community, and SHIFT+. The SHIFT Open Finance Community now boasts more than 240 founders and leaders from more than 150 carefully chosen fintech companies, and it’s growing. From curated events with industry titans such as Mastercard to regular informal meetups, leaders from the likes of Aptap, Sprive and Boogi are able to engage in the conversation to push the UK open finance market forward.

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SHIFT is one of the most engaged and highly relevant groups I have been a part of Olivia Minnock,

Senior Partnerships Manager, mmob

The core community is also a platform dedicated to fuelling the growth and development of member firms. Think webinars led by experts in diverse fields, from contract law to content marketing, or the opportunity to get open, honest and hugely valuable feedback on a pitch. www.thepower50.com

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I gained useful feedback on my pitch, structure and communication style... The supportive and constructive session left me feeling more confident and better prepared to present my ideas to others Amélie Arras, Marketing Director, Zumo

The Fintech Champions Community, by comparison, is a space for key decision-makers from top financial institutions who have a passion for establishing fintech partnerships and supporting the growth of open finance. The first of its kind in the UK the initial cohort of members includes Lloyds Banking Group and TSB, to name a few, who are seeking to collaborate with SHIFT fintech members. Champions can also access SHIFT’s unique Partnership Programme, which can halve the time it takes to integrate fintech partners within their organisations.

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SHIFT orchestrated an excellent roundtable to showcase fintech talent across the industry matched to our internal values and purpose, which helped us to understand the potential of our ongoing digital transformation programme

Finally, SHIFT+ acts as the pivotal bridge between fintech members and financial institutions. The service provides all members with access to an industry expert who has the knowledge to help members from the likes of Moneyhub, Yapily and Bankifi navigate the nuanced landscape of financial institutions with confidence. This includes hands-on engagement to sharpen market positioning, tailor propositions, and fine-tune pitches, while also facilitating meaningful introductions to relevant partners or potential customers. Recently, SHIFT+ supported Doshi, a financial education platform, with an exclusive opportunity to pitch directly to TSB’s Innovation Lab. As a result, Doshi was accepted and is continuing to collaborate with TSB to push the boundaries of what’s possible in our industry.

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Thank you to SHIFT for opening up such a great opportunity and for the continued support

Daniel Rose, Co-founder & CEO, Doshi

Through an unwavering commitment to active collaboration, knowledge sharing, and fostering genuine connections, SHIFT is paving the way for a financial future that is both innovative and inclusive. Website: https://shiftopenfinance.com/

Skipton Building Society THEFINTECHPOWER50

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The Fintech Power 50 Annual Guide 2024 by thepower50 - Issuu