UK’s leading fintech hub Level39 welcomes Verrency as its new resident
Verrency will operate its London operations out of the UK’s leading fintech hub Level39 at the heart of Canary Wharf in London after being accepted into the cohort.
The move marks the first step for Verrency as it prepares for commercial expansion into the UK and Europe in 2018.
Level39 is one of the world’s most connected community for finance, cybersecurity, retail and smart city technology businesses. As a resident of Level39, Verrency will have access to excellent customers, talent, infrastructure and a premium space to work in.
David Link the Executive Chairman, and CEO of Verrency said, “Global expansion has been top of our agenda since day 1, with UK as a key market. This news is certainly a great sign of things to come for us as we look to grow our footprint in Europe.”
Level39 has hosted more than 30,000 visitors and 200 events including the 3DFintech Challenge sponsored by Dassault Systemes, Wired’s Future Money Conference, PayPal’s Battlehack and international delegations including the Swedish royal couple, Hong Kong’s Financial Secretary John Tsang, and the US embassy.
Verrency provides ‘innovation-as-a-service’ that enables issuers to deliver the latest payment capabilities, fast and cost effectively, through their existing payments infrastructure. By giving their consumers unprecedented flexibility and control over how they pay, Verrency’s cutting edge features drive growth and increased customer satisfaction. Verrency also enables innovation across the payments ecosystem, providing fintechs and other innovative payment services the ability to be easily connected and distributed through issuers at scale.
Level39 is the world’s most connected tech community. Level39 supports fast-growth businesses in three clear ways – giving access to world-class customers, talent and infrastructure. Through expert mentors, access to Canary Wharf’s dynamic workspace, a packed events calendar and best-in-class facilities we help businesses achieve scale. Owned wholly by the Canary Wharf Group, Level39 launched in March 2013. Since then, Level39 has grown from a simple idea into a three-floor, 80,000 sq. ft. community space occupying the 39th, 24th and 42nd floors of One Canada Square.
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