New partnership to help grow FinTech in the North East

The national FinTech market is evolving and expanding, as evidenced recently when a strategic review of UK FinTech (the Kalifa Review) identified the North East as one of the top 10 FinTech clusters in the UK, and one of two clusters in the north of England.

With its Head office based in North Tyneside, Newcastle Strategic Solutions is one of the North East’s most established and successful FinTechs. As the UK’s leading provider of savings management services, its digital platform helps power more savings operations than any other provider. Solutions is partnering with FinTech North, to make a positive impact on the development of FinTech in the North and the UK.

Phil Grand, Managing Director at Newcastle Strategic Solutions said; “We’ve had a strong culture of innovation from the very beginning when in 2004, the business was created as a result of retail savings being a core competency of Newcastle Building Society and that was under-pinned by great technology. Since then we have supported many banks build a digital savings proposition. Tech is at the heart of everything we do, both as a regional employer and national provider of savings management services to our clients and their customers. As the first regional FinTech ecosystem body in the UK, we believe FinTech North are the perfect partners to help foster a vibrant and growing FinTech scene in the region.”

FinTech North helps build and sustain a dedicated FinTech community across the Northern Powerhouse. They bring together a community of over 4k people who are interested in and work in FinTech in the North, through events, conferences, webinars and trade missions. Newcastle Strategic Solutions previously supported Whitecap Consulting’s FinTech Ecosystem research, which reported on the evolving sector in North East.

Joe Roche, Engagement Manager at Fintech North said; “We are delighted to be partnering with Newcastle Strategic Solutions, which is one of the most significant players in the northern FinTech ecosystem and the UK market leader in the provision of outsourced savings technology and servicing. We look forward to working with the Solutions team and helping them continue to raise awareness of the many FinTech opportunities and developments they are involved in.”

As part of a year long partnership, Newcastle Strategic Solutions will support activity that assists in developing and growing the potential and competitiveness of FinTechs in the North East.

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