FinTech Magazine - November 2021 | Page 50

Forging solutions
BANKING

Forging solutions

Mark Lamers , CTO of Vartion - a
Netherlands-based technology company , says , more challenges will be encountered , alongside new opportunities . “ The expected move of financial services assets and people from London to the European mainland is yet to happen . London will remain an important financial hub that will continue to support the growth of an innovative UK FinTech industry to cater for its needs . However , we believe that many challenges lie ahead , starting with the attractiveness and retention of highly qualified FinTech professionals in London ''.
" Brexit ’ s newly introduced immigration policies , followed by the COVID 19 pandemic , have deeply affected labour dynamics . We see a new generation of flexible and international professionals seeking dynamic , family-friendly and multicultural places to work and live , with great transport links and a favourable business environment . The Netherlands provide just that ."
“ We do not see a divergence but rather increased collaboration between FinTech hubs and solution providers in Europe in the future . As the European Union has clearly stated its ambitions to become a global tech champion , we see greater opportunities to build synergies and partnerships . Ultimately , it will depend on the support the European FinTech scene gets from both European and national governments . We might see more private and public initiatives to foster greater innovation across Europe , assist with start-up creation and lead to the development of competitive hubs ”.
50 November 2021