UK: 'Tech for Growth' Designed to Increase Financial Services Access
  • 2020-08-31
  • Entrepreneurship Research Center on G20 Economies
  • Edit
  • The UK Department for International Trade (DIT) has launched the ‘Tech for Growth’ program on July 27th to enhance the role that technology can play in expanding access to financial services and support future trading opportunities between the UK and emerging economies.

    The first year of the program will be piloted across Africa, where access to financial services remains low. There are further plans for the program to expand globally across South East Asia and Latin America.

    In its first year, ‘Tech for Growth’ will deliver three pillars of activity:

    • Establish a UK-Africa ‘Tech for Growth’ community: Designed to expand access to financial services for underserved populations. It will include events across the UK and Africa to promote partnerships between British and African technology and financial services companies.

    • Empower UK-Africa FinTech trade: Highlight commercial opportunities, leverage research, and address barriers that currently inhibit successful scaling of the FinTech sector.

    • Support the growth of future tech markets: Collaborate with African governments and regulators to grow their tech sector, and develop future trading partnerships with the UK.

    Tech for growth will be instrumental in strengthening the partnership between Africa and the UK, driving financial inclusion through technology and innovation.





  • Partners

  • Global Health Innovation Center (GHIC)
  • World Intelligent Incubation Network (WIIN)
  • National University of Singapore
  • Canada-China Institute For Business & Development
  • TusPark Research Institute for Innovation
  • Cross-strait Tsinghua Research Institute
  • Tsinghua X-Lab

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