: Leaders like Monzo and Revolut emphasized that digital-first platforms could distribute relief funds much faster than legacy banks, provided the government "leveled the playing field" by offering discounted wholesale capital .
: More recently, industry bodies have called for government intervention to address domestic capital shortages , suggesting that the UK government should incentivize pension funds to invest in high-growth fintechs to prevent them from seeking listings abroad. FinTech leaders call for government-discounted ...
: Fintech lenders, led by groups like Innovate Finance and a coalition of over 160 alternative lenders, argued that they needed access to the same government-backed liquidity available to traditional banks to effectively distribute emergency aid. : Leaders like Monzo and Revolut emphasized that
: In 2024 and 2025, the "Unicorn Council" and Innovate Finance set out plans for the government to support the sector by streamlining regulations and providing tax relief to maintain the UK's position as a global fintech hub. Innovate Finance FinTech Plan for Government : In 2024 and 2025, the "Unicorn Council"