Almost immediately after the announcement of Brexit, Bitcoin and Blockchain startups started thinking of leaving Britain to other Fintech hubs such as Germany and Belgium. To prevent a shortage of Fintech startups and talents in the country, London is forming a Fintech bridge with Belgium’s financial sector.
Earlier this week, Belgium’s finance minister and a delegate from the Belgian Fintech sector entered into a strategic partnership with Innovate Finance, a non-profit industry body serving the Fintech community of the UK. Sources revealed that the Belgian government-owned platform “B-Hive” signed a memorandum of understanding (MoU) with Innovative Finance to ensure that Fintech startups from both countries collaborate with each other for the development and commercialization of innovative financial technologies.
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