The FinTech Five – 25th February 2022
Welcome to the FinTech Five, the part of the week where we take a closer look at the best articles, news, and features from over the past week from our FinTech Wales members.
1. Voltric Named as one the top 32 companies set to take 2022 by storm by Business Leader
“Voltric has grown their electric vehicle subscription business hugely in 2021, landing manufacturers from Renault to Tesla, but they will be expanding from four brands to over fifteen manufacturers in 2022, beginning with the Kia e-Niro. Voltric’s vision, beyond just electric cars, is set to make huge strides in 2022. They are integrating all forms of mobility into one solution, creating a true MaaS (mobility-as-a-service) platform. This will allow users to have a range of travel options from electric cars, bikes, scooters, and public transport all in one place. Voltric will be undergoing a further funding round to expand on their MaaS proposition this year.”, the article reads.
2. Blockchain Connected Presents ‘Creating Resilient Supply Chains with Blockchain – featuring Finboot and SIMBA Chain | Technology Connected on Glue Up’ as part of Part of Wales Week London.
Next, as part of Wales Week London, Blockchain Connected is proud to present ‘Creating Resilient Supply Chains With Blockchain’, a virtual roundtable discussion exploring real-world use cases for blockchain tech in supply chains, ideas for how to go further, and what’s going on cross-sector.
The event is set to take place on Thursday, March 3, 2022, 12:00 – 13:00 GMT.
Chaired by Blockchain Connected Council member Nish Kotecha, Co-founder of Finboot, the keynote speech will be presented by respected author and speaker Geoffrey Cann. His book ‘Bits, Bytes, and Barrels: The Digital Transformation of Oil and Gas’ is required reading at many oil and gas companies keen to get ahead of the wave of digital change.
3. Business News Wales Release article on ‘Why UK’s top-growing Fintech [Yoello] is a Welsh Fintech’
The article reads: “The brainchild of CEO and Founder Sina Yamani, Yoello’s online ordering and payments platform has brought customers and merchants much closer together, making transactions cheaper and increasing businesses revenues by 30% – disrupting the payments market by utilising open banking technology, to such an extent that Yoello was announced as the top growing fintech in the UK in February: winning Tech Nation’s Rising Star 3.0 Fintech Sector Award (and joining a prestigious list of alumni that includes Monzo, Revolut, Just Eat and Deliveroo).”
“I was thrilled that we have been recognised as the UK’s stand out rising star Fintech by Tech Nation; and to have won a place on Tech Nation’s acclaimed Fintech growth programme” says Sina.
“We’re honoured to be recognised by such a prestigious programme, and it reflects just how far we have come in a short space of time since we launched our mobile ordering product in July last year. The opportunities are clearly there for us to grow, but it’s feet-on-the-ground time for me and the team too. I’m fortunate to be surrounded by an exceptional and experienced senior management team with a wealth of experience to ensure we reach our potential. We don’t just want to be another Fintech company, we want to ensure we’re recognised globally in that top 1%.”
When asked what support Yoello have experienced during their journey from a start-up to a company that now employs 40+ people, Sina credited the mentorship of fellow Fintech wales members – Gareth Lewis at Delio, alongside Business Wales, Fintech Wales and Cardiff Council.
Our CEO, Sarah Williams-Gardener, commented in the article:
“To have been at the heart of hospitality transformation and win the top UK fintech award, all within a year of start-up, is absolutely astonishing”, says Sarah. “When people ask me what’s possible across in fintech here in Wales, I nod in the direction of Yoello and some of our other thriving start-ups and say ‘that’s what possible’. Now let’s redouble our efforts to create more Yoello’s and more best-of-breed fintechs across the region.”
4. FinTech Wales, The Law Society Wales and the Welsh Government to host ‘Lessons from FinTech: what these mean for the legal sector in Wales’ online event
Next, join this free, virtual seminar for anyone in the legal sector in Wales – a bespoke event that explores the rapid evolution of the FinTech Sector, its successes for Welsh businesses and the lessons that can be learned to support the growing Welsh LawTech movement, taking place on 09 March 2022 from 12:30 pm – 1:30 pm.
Hosted by FinTech Wales, The Law Society Wales and the Welsh Government, this online event offers attendees insight into the steps the legal sector in Wales needs to take now to overcome future challenges.
- Sarah Williams-Gardener, CEO FinTech Wales
- Nicola McNeely, Partner & Head of Technology, Harrison Clark Rickerbys
- Dr Kerry Beynon, Legal Counsel at BRUSH Switchgear
- Dr Adam Wyner, Associate Professor Computing & the Law Swansea University
5. Sero selected as Insider Media ‘s Wales ‘Deal of the Month’
Last but not least this week, FinTech Wales Foundry alumni Sero, a Cardiff-based energy technology and services company, have been selected as Insider Media‘s Wales ‘Deal of the Month’, following their £5.5m investment from Hodge and Legal & General to support the transition to net-zero across the residential housing sector in Wales has won Deal of the Month for January.
The investment will help support Sero in its next stage of growth, as well as its aims to support the development of net zero financial products with institutional partners.
Sero develops digital tools and expertise to design and implement low carbon products for both new build and existing homes. In November 2020, Sero was one of a major consortium to win £7m Welsh Government funding to roll out the large scale decarbonisation of homes across Wales.
Speaking when the investment was announced, James Williams, chief executive at Sero, said:
“The challenge of upgrading existing housing stock is growing as the urgency of solving the climate emergency becomes even greater. Improving the energy efficiency of our homes can provide long term economic benefit and comfort to residents, as well as reducing carbon emissions.
“This investment therefore is a huge milestone for Sero as we grow and bring new products to market to help Wales and the UK in its delivery of net zero.”
Until Next Week
And that’s it for the FinTech Five this week. Thank you for reading, and don’t forget to join us next week for more of the best content from across our FinTech Wales membership.