Tech Nation 'Future Fifty' programme dominated by FinTech
UK tech business network Tech Nation has unveiled 24 fast-growing, late-stage technology companies which it has selected to join its Future Fifty cohort in 2019.
Established by the government funded network in 2013, the programme is designed to champion and support British tech businesses as they scale up their operations.
Each company chosen for the 2019 cohort will benefit from access to the leading experts, a tailored programme of masterclasses, direct contact to senior decision-makers in Government and access to global talent through a visa team.
Future Fifty has already built a network of more than 100 alumni businesses – including Deliveroo, Farfetch, Skyscanner, Made.com, Shazam, and Just Eat.
Ten of the 24 on this year's list offer technology-driven by financial services, and five of the new businesses are headquartered in regional cities: Cambridge, Bristol, Glasgow, Nottingham, and Watford.
The programme extends over 24 months, and the companies coming on board in 2019 will be joining 26 businesses from the previous (2018) cohort.
In this year’s cohort 72 per cent of founders taking part have been first-time entrepreneurs.
The programme has an enviable track record of helping young and new entrepreneurs fulfil their ambitions.
This Year’s Cohort
- Fintech: Aire (London); Blockchain (London); Currencycloud (London); MarketInvoice (London); Monzo Bank (London); Nested (London); Quantexa (London); Starling Bank (London); Revolut (London); Salary Finance (London)
- Data Analytics: Behavox (London)
- Ecommerce and Marketplaces: Bizuma (London)
- Hardware Devices and Internet of Things: Bulb Energy (London); M Squared Lasers (Glasgow); Reach Robotics (Bristol)
- Digital Entertainment: Culture Trip (London); Mediatonic (London)
- Software as a Service: Ensek (Nottingham); Kimble Applications (London)
- Cyber Security: Garrison Technology (London).
- Biotech and Healthcare: Ieso Digital Health (Cambridge).
- Adtech and Marketing: GlobalWebIndex (London).
- Enterprise Software: Perkbox (London); StarLeaf (Watford).
"The UK has a fantastic track record of producing globally successful tech companies and I'm pleased to see another diverse and impressive group of firms in Tech Nation’s 2019 Future Fifty Programme,” said Jeremy Wright, Secretary of State For Digital, Culture, Media and Sport.
"The list highlights the underlying strength of our digital economy and emphasises its huge potential. We are doing all we can to make sure this vital industry continues to grow and our young businesses are given the right support to thrive.”
Anne Boden, CEO of cohort member Starling Bank, added: “Banking is going through a period of radical change and Starling Bank has played a key role in disrupting the old order and driving better and more responsive services. We’re really looking forward to working with other entrepreneurs from our own and other sectors.”