11:YEARS – The Rise Of UK Fintech
11:FS, which helps financial services firms build digital services, has launched a documentary on the rise of UK fintech since the collapse of Lehman Brothers.
After the Lehman Brothers crash, it seemed like the banking industry would collapse forever📉
But, it didn't.
As we sit here in 2019, we see a LOT of success stories, which is amazing.
— 11:FS (@11FS) October 4, 2019
David Brear, chief executive of 11:FS, said in a blog that since Lehman Brothers filed for bankruptcy on September 15 2008 the banking industry has changed in an extraordinary way.
“11:YEARS is a celebration of everything that has been achieved, the people who made it happen and those who are still at the forefront of innovation, either in policy-making, challenger banks, or fintech,” he added. “The documentary includes interviews with The Bank of England, Barclays, the FCA, HSBC, The Deputy Mayor of London, Monzo, OakNorth, Revolut, Starling, Zopa and many more. It reveals their motivations for creating a framework that allows innovation to thrive, how and why they financed certain firms, and their personal reasons for enacting meaningful change in the financial services industry.”
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