Press releases

Loqbox supports UK Fintech recommendations from the Kalifa review

Feb 26, 2021

Loqbox welcomes the latest findings into UK fintech, The Kalifa Review. Leaders at the fintech company have called this a “vital piece of work that will help with the strategic direction for now and the future”.

The way UK consumers interact with financial services is evolving at pace and this review is responding to changes by helping to ensure the UK, as a global leader in fintech, stays ahead of the game.

Co-Founder and Co-CEO of Loqbox, Tom Eyre said

“We think the findings of The Kalifa Review will help generate more job opportunities and inspire the entrepreneurs and fintech specialists of the future.

The findings of this review, when implemented, will help businesses like ours to grow and diversify our pool of talent and showcase the innovative edge businesses like ours have, globally”.

The review notes the achievements of the fintech industry over the last 10 years and comments on

how consumers of financial services in the UK now have access to more options with safer and faster

onboarding processes.

Co-Founder and Co-CEO of Loqbox, Gregor Mowat commented:

“The UK has around 10% of the global market of fintech companies worth more than £11bn a year to the UK economy. This review shares the further opportunities to create more highly skilled jobs, boost trade and extend our competitive edge on a global scale.

The review sets out a strategy to position the UK as a global leader and plans to ensure the UK continues to succeed with the great work being done in fintech. We are delighted with the findings and look forward to being a part of the next chapter of the UK fintech evolution”.

As one of the fastest growing fintech companies in the UK, Loqbox supported The Kalifa Review by sharing a case study on how the business has contributed to the fintech industry to date.

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