Gregor Mowat

Co-CEO & Co-Founder, LOQBOX

The size and scale of the financial exclusion problem first came to Gregor’s attention during the 17 years he spent providing audit and advisory services to financial institutions with KPMG in emerging markets. It was in Brazil in the late 1990s that he saw first hand the difficulties that being financially excluded can create. This was a theme that followed him through the years he spent in Thailand, Kazakhstan and Russia.

For the final five years before Gregor left KPMG to set up as an angel investor, he was the CFO of KPMG in Russia and the Commonwealth of Independent States, a business with a turnover of $350 million that spans 7 countries, 19 offices and then had 4,000 people working in it. He also ran KPMG in Kazakhstan and Central Asia for much of that time.

Since returning to the UK, Gregor angel-invested in Credit Improver, an earlier business set up by his LOQBOX co-founder, Tom Eyre, before they created LOQBOX. He has also been a non-executive director of a listed retailer. Gregor began his career in Scotland and is a Member of the Institute of Chartered Accountants of Scotland.

What is it about FinTech that excites you?

Having the privilege to be present near the beginning of a new tech-led industrial revolution that has the opportunity to change the world for the better is extremely exciting. FinTech can power that change.

What do you envisage being the biggest development in FinTech in the next 5 years?

The further use of of AI to remove basic tasks in customer flows freeing time and creating the opportunity for the reintroduction of humans into the customer experience to give the best possible customer outcome.

What do you enjoy doing in your time away from work?

I love watching my kids play sport, enjoy skiing and read about FinTech

What is the biggest change that you have witnessed in the sector over the past 12 months?

The commoditisation of tools, marketplaces and platforms that were previously specialised and differentiated.

Who would be your top 3 dinner party guests and why?

  • Yuval Noah Harari
  • Muhammad Yunus
  • David Attenborough