The Centre for Finance, Innovation and Technology (CFIT) was set up following the Kalifa Review of FinTech (2021) to position the United Kingdom as a global leader in financial innovation. CFIT’s purpose is to unblock barriers to growth for financial technology by bringing together the best minds from across the UK in order to drive better outcomes for consumers and SMEs . CFIT wants to make the UK the undisputed global leader in fintech and, in doing so, maximise economic growth across all regions of the UK.