Newly elected Lord Mayor of London will embark on a three-day trip to San Francisco next week to showcase UK fintech companies to US venture capital investors. William Russell, a former Merrill Lynch banker who succeeded Peter Estlin as the 692nd Lord Mayor of London in October, will lead a delegation of early-stage UK-based fintech firms and venture capital companies. The news is the latest in a string of government-led initiatives aimed at bolstering the availability of venture capital for UK-based technology start-ups.
The Lord Mayor of London will arrive in Northern Ireland on Thursday in a bid to encourage fintech firms here to join his mission to bring back venture capital investment from the United States and elsewhere...But speaking to the Irish News, he said he understands the world of financial services is bigger than just the City of London. “It’s not all about London. We have fintech and financial services companies all over the UK and it would be great if some of the companies would be able to join me.”