FinTech West partners with NayaOne to launch the FinTech West Marketplace

FinTech West has announced a new partnership with global digital sandbox provider NayaOne. The two organizations will build a dedicated marketplace for Western FinTechs to showcase their capabilities, access data sets and test ideas.

For those who have no idea what a digital sandbox is, we googled and apparently it’s “an isolated test environment that enables users to run programs or open files without affecting the application, system, or platform they’re running on.” Software developers use sandboxes to test new programming code. Cybersecurity professionals use sandboxes to test potential malware.

Launching this fall, the new free-to-access digital marketplace by FinTech West and NayaOne will provide an exclusive environment for the FinTech West community to collaborate, build products and find customers – directly responding to some of the challenges facing regional FinTechs. face.

The decision to launch the marketplace follows the boom in demand for fntech services across various industries that has opened a path for profitable collaborations between various partners, and it is the proven successes of such collaborations that brought FinTech West and NayaOne together.

FinTechs and financial services firms in the Southwest will benefit from having access to publicly available and synthetic datasets via the NayaOne Data Marketplace and access to application programming interfaces (APIs) and potential partners via the new FinTech West marketplace, and NayaOne’s Enterprise Marketplace – the largest FinTech product – and service marketplace in Europe.

Once registered, each firm will have a dedicated profile on the platform highlighting its capabilities and the connections it seeks. All users will also have access to NayaOne’s data marketplace to help the community test and validate solutions.

Stuart Harrison, Director at FinTech West, said: “The FinTech West Marketplace will add further opportunities for the community by providing increased innovation in financial technology that can be leveraged in multiple ways. Our partnership with NayaOne will help businesses in the local FinTech sector to thrive like never before.”

Kris Dickinson, Director of Financial Services at NayaOne, added: “NayaOne is very proud to partner with FinTech West to support this dynamic community of FinTechs to build products and discover partners and customers. Fostering innovation in financial services is at the core in what we do at NayaOne, and success requires collaboration and connectivity across all regions of the UK. The FinTech West marketplace is another step in that journey.”