LOQBOX TO JOIN THE DEPARTMENT FOR INTERNATIONAL TRADE PROGRAMME
Dec 02, 2020
LOQBOX has been selected as one of the rising stars in the South West region to gain from
it’s global Tech for Good Programme. It will allow the business to showcase their technology
on the global stage.
Tech for Good South West is a first of its kind intensive programme to participate in 'virtual'
trade visits to the US, India and Singapore.
These markets have been specifically selected by the team of expert advisers due to the
breadth of in-market opportunities available for UK companies. LOQBOX will be pursuing the
opportunities available to them in the US section of the programme after launching their
proposition to 80% of Americans earlier this year.
Co-CEO and Co-Founder of LOQBOX, Gregor Mowat said: “We are delighted to be
included in the Department for International Trade, Tech4Good export programme and
virtual trade mission to the US. We have ambitious goals that we know we will achieve, but
we believe that our progress will be faster and our journey smoother with our inclusion on
this programme. This will enable us to execute on our mission faster. We want to explore
what other scaling growth opportunities are out there and learn from peers who have
experienced similar journeys so we can learn and develop our proposition further to really
help people to take back control of their finances”.
Co-CEO and Co-Founder of LOQBOX, Tom Eyre Continued: “Our growth plans don’t just
focus on developing our existing proposition. We want to take our technology and innovation
to the next level and do more to empower people. We launched LOQBOX in the US earlier
this year, which is the only free credit building solution (irrespective of where they bank)
across 40 states of America. Now more than 80% of Americans have the chance to build
their credit score while they save money without it costing them anything. We are absolutely
thrilled to be included in this programme as it will give us greater opportunities to explore the
US in more detail and will help us to take our next steps towards achieving our mission of
ending financial exclusion globally”.
CEO of LOQBOX U.S.A, Brent Matson said: “Inclusion in this programme is incredibly
important to us at LOQBOX, and the timing is also very important. The current downturn in
the global economy is going to have a significant impact on people’s (financial) lives. We
already know that LOQBOX actually gives people the chance to change their lives - we want
to develop and grow to the next level of our maturity within the United States, and this
opportunity will allow us to learn and grow from the expertise and experiences of others”.
As the largest tech market globally, the US is one of the most important partners to the UK in
terms of exports, investment and collaboration in the digital economy. An abundance of early
adopters combined with significant market size and sophistication makes the US an ideal
test-bed for innovative UK tech. The US presents opportunity across all areas of
technology-enabled positive change from healthcare, environmental to social issues.
This accelerator programme will involve education, networking and sales development
through a series of virtual activities in the UK and each market. The programme is supported
by DIT South West’s levelling-up programme.
Get in touch
Katy Ringsdore - Head of Media Relations