Innovate Finance, the industry body for and voice of UK FinTech, and the Digital Pound Foundation (DPF) have agreed to join forces, recognising the increasing impact of public debates on new forms of digital money. By bringing the DPF within the Innovate Finance community, the two organisations will advance a shared vision for developing the UK as the leading global centre for digital assets and digital money.
DPF will become an initiative within Innovate Finance with a dedicated work stream, the Digital Pound Foundation Programme, focused on digital money in both public and private forms. Innovate Finance will also establish a DPF Member Advisory Group to shape the programme with dedicated resources, supported by the wider Innovate Finance team and activities.
Janine Hirt, CEO of Innovate Finance, said: “We are absolutely delighted to welcome the Digital Pound Foundation within the Innovate Finance community. This supports our strategic focus on deepening expertise and engagement in FinTech verticals including payments and digital assets. Over the last three years the DPF has moved from strength to strength, and has made remarkable progress in raising awareness about the benefits and opportunities that adoption of a well-designed digital pound and new forms of digital money will offer. We are looking forward to combining forces and supporting the continued forward momentum of this agenda.”
Claire Conby, Executive Director and Operations and Innovation Lead of the Digital Pound Foundation commented: “Thanks to our strong partnership with Innovate Finance, we are now able to advance even faster and further on the digital money agenda by working together. It is a testament to the body of work developed by the DPF and its community over the past three years that we can further increase our impact on the mainstream of UK public debate by joining the Innovate Finance family. With the ongoing support of our members, we are extremely excited about this next stage of the DPF’s evolution”.
Media contact
Seven Hills – innovatefinance@wearesevenhills.com
About Innovate Finance
Innovate Finance is the independent industry body that represents and advances the global FinTech community in the UK. Its mission is to accelerate the UK’s leading role in the financial services sector by directly supporting the next generation of technology-led innovators.
Innovate Finance’s membership ranges from seed stage startups and global financial institutions to investors, professional services firms, and global FinTech hubs. All benefit from Innovate Finance’s unique position as the single point of access to promote enabling policy and regulation, talent and skills, business opportunity and growth, and investment capital.
By bringing together and connecting the most forward-thinking participants in financial services, Innovate Finance is helping create a global financial services sector that is more transparent, more sustainable and more inclusive.
More information at www.innovatefinance.com
About the Digital Pound Foundation
The Digital Pound Foundation (DPF) is an independent not-for-profit organisation incorporated in 2021 to work towards the implementation of a well-designed digital Pound and an effective and diverse ecosystem for new forms of digital money.
The DPF acts as a catalyst among stakeholders across the public and private sectors, including academia to explore and articulate the case for a well-conceived digital Pound, in both publicly and privately issued forms.
More information at https://digitalpoundfoundation.com/
