Back

Innovate Finance and National Internet Finance Association of China Sign MoU

-Associations to Cooperate on Supporting and Promoting UK and China FinTech-

London and Beijing, February 6th 2018 —  Innovate Finance, the UK membership association that represents global FinTech, and the National Internet Finance Association of China (NIFA), China’s national self-regulatory organisation for FinTech, today announced the signing of a Memorandum of Understanding (MoU) to cooperate on supporting and promoting the UK and China’s leading FinTech hubs and member firms.

President Li Dongrong of NIFA, said: “I am pleased to have signed a Memorandum of Understanding with Innovate Finance, the UK membership association serving the FinTech community.  Our agreement demonstrates a mutual willingness to cooperate in order to support and promote the development of our respective FinTech hubs. “

Charlotte Crosswell, CEO of Innovate Finance, said: “I am delighted that Innovate Finance and NIFA will be working together to reinforce the position of our respective FinTech leaders in the global arena.  NIFA is an influential organisation and we look forward to leveraging their network and expertise in order to power innovation and growth for our member firms.”

The MoU records the intention to build and develop a cooperative relationship between NIFA and Innovate Finance.  The partnership will explore numerous initiatives designed to support and promote the two organisations and their members, including joint research, events and programmes for members.