James Codling, managing partner at Volution discusses how despite a slowdown in funding and concerns over profits, the UK is still seen globally as a massive hub for fintech, how the hype around British fintech successes is not always spread evenly and why building a bank is the most difficult category of fintech one can pursue.
Volution is a London-based venture capital investor that focuses largely on fintech and software-as-a-service companies that have progressed past the seed and Series A stages. Codling explains that in the UK, there have been incredible efforts to support startups to get to the Series A level, but there has been a myth that once they get there, they can manage alone. Codling calls for a holistic approach from the public and private sectors when looking to support businesses.
What is UKTN | The Podcast?
Each week, Jane Wakefield sits down with some of the key movers and shakers from the UK tech ecosystem for the UKTN Podcast. Learn growth strategies from both seasoned and up-and-coming founders, hear market sentiments from investors, and understand the tech policy affecting businesses across the country.
The UKTN Podcast provides insight into the most influential people in the UK’s innovation economy, exploring their personal and professional journeys and hearing their views on the hottest tech topics of the day.