More specifically in Shoreditch, you feel like you’re in the heart of where tech innovators come and build their products and their companies. It’s where you can make valuable connections, because everyone is round the corner. Setting up a meeting is simple, people will pop over and meet face-to-face.
Whitechapel, where we were previously based, was a bit more challenging: even though it’s only a couple of miles away, psychologically it was in a different place. Now we feel like we’re where it’s really happening.
There are a few challenges that we do have. We may see some start-ups set up headquarters in London but have their larger team elsewhere, simply because of the risk that post-Brexit they might not have the same access to talent in London. But at the moment, nobody knows and everyone is speculating. There will be a lot of negotiations to come, but I can see positive outcomes: the government, I think, is still very supportive, and I have strong faith that they will continue to protect the fintech industry that is being built. With our global reach, we can also see that we’re establishing ourselves in the heart of the financial community but are looking globally.
As we start operating from our new home, we want to make a mark that we believe the UK is still the place for fintech. We want people to refer to Rise London as “the home of fintech” – as a building and as a community. Whatever happens with Brexit, we can come out stronger, harnessing disruptive innovation within fintech and seeing how we as a bank can work with these great young companies with the most benefit for everyone.