Barclays opens Europe’s largest fintech site in London

Barclays opens Europe’s largest fintech site in London

Barclays has opened its new open innovation site, Rise London, in Shoreditch – hailed as Europe’s “largest co-working space dedicated to fintech”.

Rise will be a place for start-ups, corporate clients and others to co-create new products, services and platforms. The bank also has six other innovation sites in New York, Manchester (UK), Mumbai, Cape Town, Vilnius and Tel Aviv. In each location, it operates multiple programmes for open innovation, including its Barclays Accelerator.

Jes Staley, Barclays group chief executive, says technology “must be a core competency of a global financial institution, and we intend to be a leader in the industry”.

 

Read more: http://www.bankingtech.com/818562/barclays-opens-europes-largest-fintech-site-in-london/?utm_source=FINTECH+Circle+Newsletter+%28Susanne%29&utm_campaign=91fb581945-EMAIL_CAMPAIGN_2017_03_08&utm_medium=email&utm_term=0_5d17f434fb-91fb581945-520916625