The CBI collaborated with Finastra, a global leader in advanced tech for capital markets, for the second toolkit in the Winning with Fintech drive.
Key takeaways
- An understanding of fintech, its relevance to global trade, and how it is making trade easier for businesses
- Resources and fintech solutions depending on the stage businesses are at in their trade journey
- Emerging trends in the global trade finance space and what this might mean for businesses
Who is this toolkit for?
Businesses that want to establish or expand the trade of their products/services to overseas.
Whilst it is more geared towards small and medium-sized enterprises (SMEs), we think businesses of all kinds (including fintech providers) would find this toolkit resourceful.
What is the toolkit's basis?
The CBI’s Seize the Moment campaign found that a new generation of SME exporters could create around £20 billion in additional UK export revenues by 2030.
With Finastra as our strategic partner for this toolkit, we've leveraged their global expertise and insights into cutting-edge open finance to bring this toolkit to life.
To understand the UK's global trade and trade finance business landscape, we carried out a survey of 204 respondents in September 2022 – detailed in this brief overview.
What does fintech have to do with international trade?
An increasingly great deal. Exploring and targetting new markets, conducting due diligence overseas, calculating import tariffs, minimising the ri