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Kalifa Review one year on: UK must do more to keep ‘fintech crown’

Kalifa Review 2022
Image credit: Innovate Finance

One year on from the publication of the Kalifa Review – a government-backed evaluation of the UK fintech sector – industry experts say the government needs to do more to ensure the sector keeps its “crown”.

The report was published on 26 February 2021 after the Chancellor of the Exchequer asked Ron Kalifa to conduct an independent review to identify ways to support the UK’s fintech sector.

Some of the recommendations included amending UK listing rules to make the country an attractive location for IPOs, improving tech visas to allow talent from around the world to more easily come to the UK and establishing a Centre for Finance, Innovation, and Technology.

Since then, the UK has cemented its position as a major European and global fintech hub. London, in particular, is a significant player and is home to major fintech firms such as Wise, Revolut and Monzo....