FinTech Growth Fund

Peel Hunt is acting as Sole Financial Adviser to the FinTech Growth Fund

Providing a vital injection of capital to Growth Stage UK FinTech.

The FinTech Growth Fund has been created to deliver one of the key recommendations of the 2021 Kalifa Review of UK FinTech. Commissioned by the UK government to assess how the sector can continue to have the resources and business environment it needs to thrive, it called for a new fund to support the strong cohort of growth companies that have already been founded in the UK but need more private funding to scale.


Problem - UK’s best FinTechs remain underfunded

  • The UK is a global leader in UK FinTech, with 3,000+ FinTech companies
  • Few UK funds can support growth stage FinTechs through to IPO



01 Problem - UK’s best FinTechs remain underfunded

Review - The Kalifa Review identified a £2bn gap in funding


  • Strategic FinTech review commissioned by the UK Chancellor identified a £2bn gap in funding for UK’s growth stage FinTechs
  • A key recommendation of the review was the launch of a £1bn FinTech Growth Fund  




What is the Kalifa Review?
02 Review - The Kalifa Review identified a £2bn gap in funding

Funding gap increased

  • The best UK FinTechs have remained underserved and subject to exits before they realise their full potential
  • UK domestic VC remains concentrated in the early stage



03 Funding gap increased

The Solution - up to £1bn FinTech Growth Fund

Ready to supercharge the best-in-class FinTechs. Dedicated to investing in UK Growth-Stage FinTechs.




04 The Solution - up to £1bn FinTech Growth Fund

Talent, experience, pipeline and partners in place to deliver success

FinTech Growth Fund Management Team & Advisory Board

Lord Philip Hammond - Chairman

Philip has had a distinguished career in British politics as a Member of Parliament from 1997 to 2019. He held a range of senior cabinet posts, most recently serving as Chancellor of the Exchequer from 2016 to 2019. Prior to this, he served as Foreign Secretary (2014-2016), Defence Secretary (2011- 2014) and Transport Secretary (2010-2011). He was awarded a life peerage by HM The Queen in July 2020.

Before entering Parliament in 1997, Philip had a wide-ranging business career spanning the house-building and property, healthcare equipment and oil and gas sectors.

As Chancellor of the Exchequer, Philip focused on the long-term productivity challenges facing the UK economy and was a strong advocate for the Financial Services sector, and especially for the fast-growing fintech sector. He championed the cause of SMEs and the need for greater access to long-term growth capital to allow successful British start-ups to scale up in the UK, rather than seeking capital overseas.

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