Manchester FinTech Sector Growth
Manchesterâ€™s FinTech sector is growing at exponential rate.
13:42 22 June 2018
The UK is the global capital of FinTech, a massive £6.6bn industry that employs more than 61,000 people across the country.
Many Fintech companies are found in Manchester, which, over the years, has attracted well-established companies that provide a wide range of financial services, including novel solutions and disrupting business models.
Among these businesses is Manchester-based AccessPay, a cash management automation provider that specialises in cloud-based payments. It is ranked in Deloitte’s UK Technology Fast 50 and Tech North’s Top 100. It has also won plaudits as one of the fastest growing FinTech businesses outside London.
Anish Kapoor, chief executive of AccessPay, explains: "We’re on a mission to develop powerful automation and artificial intelligence (AI) tools that empower treasury and finance professionals with the intelligent tools they need to become more efficient and more secure.
“Levered by changes in demand, legislation and technology, the company has been actively working to deliver solutions that empower our customers to make smarter, more insightful business decisions.
“We provide a cloud-based connectivity layer between a business’s finance systems and their banks and enable payment routing through all of the major UK and International networks including BACs, SWIFT and Faster Payments.
“We also automate essential cash and liquidity data which helps accountants and other treasury professionals in their decision making.”