Accounting StandardsPractice

ACCA and Innovate Finance unveil new collaboration

The collaboration will provide a platform for UK FinTech leaders to share information about their products and services with UK and international stakeholders, including those within ACCA’s community

The Association of Chartered Certified Accountants (ACCA) and Innovate Finance have reached an agreement to combine their networks and collaborate on knowledge sharing, policy and insights.

Innovate Finance is the industry body that represents the UK FinTech sector, and this collaboration will provide a platform for UK FinTech leaders to share information about their products and services with UK and international stakeholders, including those within ACCA’s community.

ACCA said it is building an international online community of its members directly connected to Fintech to build a greater awareness of FinTech and drive the involvement of accountancy and finance professionals in this sector.

Innovate Finance’s membership ranges from start-ups to high growth FinTechs, global financial institutions to investors, and from professional services firms to international FinTech hubs.

Helen Brand, chief executive of ACCA, said: “Fintech builds sustainable economies, with a powerful reputation for propelling innovation. Accountancy and finance professionals are increasingly working in Fintech or using its many applications.

“This new agreement with Innovate Finance will help our global members stay ahead of the Fintech curve. We’re delighted that our two communities are connecting to learn from, and leverage each other’s expertise.”

Janine Hirt, chief executive of Innovate Finance, added: “We are delighted to collaborate with ACCA and advance our conversation on innovation and sustainability. The UK boasts a world-leading FinTech sector seen by peers as the global benchmark for innovation and transformation in financial services. 

“As an ecosystem, it is crucial that we continue setting global standards on sustainability and ESG, financial inclusion and financial wellness. Partnerships like this one with ACCA will facilitate this forward momentum and progress.”

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