PA Consulting Group (PA) and Stockholm Fintech Hub are delighted to announce their new partnership. As an active partner, PA will work with the Hub to support fintechs, banks, regulators and investors to drive innovation in the Swedish financial services industry. PA will bring its hands-on knowledge and experience on how to innovate and transform the financial services industry.
PA has a strong track record of working with regulators, financial institutions and technology firms across Europe and has helped financial market players develop open banking strategies, respond to the changing payments market, and create shared service utilities. PA has also worked with the UK regulator to design their first innovation hub and sandbox.
Magnus Krusberg, financial services expert and country head for PA Consulting Group in Sweden says: “We believe that the financial services industry is going to transform significantly in the coming years and that Stockholm Fintech Hub will be at the centre of this innovation process. We are very pleased to be part of this very exciting journey alongside the other partners in the hub.”
Matthew Argent, CEO of Stockholm Fintech Hub says: “We're really excited to have such a competent partner as PA Consulting on board. Having worked with regulators and banks all across Europe, they are bringing exactly the right knowledge set and experience that the Swedish fintech community is eager to take part of. Adding PA Consulting to our list of partners ensures we can continue to build a broad network of expertise, that is so important to the development and evolution of fintech.”
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About Stockholm Fintech Hub
Stockholm Fintech Hub is a dedicated physical space for communication, collaboration, and cooperation that is tailored to the specific needs of fintech companies. The entire community including startups, established players, regulators, educators, tech providers, investors and professional services companies are all core to our community. The hub is the centre of gravity for collaboration within the fintech sector in Sweden and globally, with links to hubs around the world. Whether dealing with financial flows or data flows, financial companies are among the most regulated companies on the planet. So fintech startups need more specialised legal advice and experience, while the ramp-up period for a fintech can be longer than for other types of startups.Stockholm Fintech Hub supports each stage of a startup from idea validation through to helping funded companies expand internationally. We have know-how, networking, infrastructure and education all under one roof. www.stockholmfin.tech.