A North East growth strategy has identified the opportunity to create more than 2,000 new fintech jobs in the next three years.
A report developed by Whitecap Consulting says the region could become home to more than 7,700 roles in the growing fintech sector by the end of 2025 through a plan involving the public sector, private sector, and higher education. The paper – North East Fintech Strategy 2022-25 – has been developed by Whitecap Consulting to create more and better jobs, develop a collaborative, sustainable, growth-focused FinTech hub, and to foster regional, national and international connectivity.
The work has been supported by key regional stakeholders including Atom bank, Dynamo North East, FinTech North, Invest Newcastle, Invest North East England, Newcastle Strategic Solutions, Newcastle University, North East ROCU (North East Regional Organised Crime Unit), North of Tyne Combined Authority, North Tyneside Council, Northumbria University, and Sage. The strategy was launched at an event in Newcastle this week, hosted by Womble Bond Dickinson.
