Green FinTech Challenge

The challenge aims to support innovation and growth in the green finance sector.

The Financial Conduct Authority (FCA) Innovate has launched the Green FinTech Challenge aimed at firms developing green solutions that need specific regulatory support to bring their proposition to the market.

The challenge aims to support innovation and growth in the green finance sector, helping companies developing innovative products and services to assist in the UK’s transition to a greener economy.

It is open to start-ups, incumbents and technology providers. Examples of green solutions might include environmental impact measurement, delivering new green financial products or managing climate-related risk posed to market participants.

Successful applicants will be eligible to benefit from Innovate services including:

• a dedicated Innovate Adviser
• authorisation support
• live market testing in the sandbox
• guidance and/or informal steers

The deadline for applications is 11 January 2019.

Further information about the challenge and how to apply can be found here.