Fintech

Here’s what UK fintech says the Kalifa Review got wrong

Fintech’s ethnic diversity and gender disparity issues are not addressed in the review at all

The Kalifa Review has been criticised for failing to pay enough attention to how fintech firms should prioritise the climate crisis and sustainability
The Kalifa Review has been criticised for failing to pay enough attention to how fintech firms should prioritise the climate crisis and sustainability Photo: Getty Images

On 26 February, the long-awaited Kalifa Review of the UK fintech sector landed to great fanfare. Authored by former Worldpay boss Ron Kalifa, the report was applauded for its lengthy focus on how the government could aid the UK’s crown jewel in the years to come.

However, some parts of the Treasury-commissioned review, or indeed, lack thereof, caused others to question whether the 106-page report had been truly comprehensive.

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