Top 10 Fintech Innovation Labs | 4: Visa London Innovation Centre

In May’s edition of FinTech Magazine, we counted down our top 10 fintech innovation labs, in at number 4 is Visa London Innovation Centre.

Visa recently announced the creation of its 1,000 square meter London innovation centre, the largest of the company’s network around the world. Dedicated to providing an immersive experience for enterprises experiencing complicated business problems, Visa will work closely with participants to find new, never-considered opportunities available to them.

“London is a global fintech leader because we have been able to combine our traditional strength in financial services with our growing talent for tech and our innovative and entrepreneurial spirit. As a successful fintech entrepreneur myself, I understand that quite often businesses need a little bit of help to turn the kernel of a good idea into something truly transformative. I am therefore delighted that Visa is launching this new innovation centre in London, bolstering our flourishing global tech and fintech reputation and proving that London is open to great ideas and innovation.”

- Rajesh Agrawal, Deputy Mayor of London for Business

The centre has been ergonomically designed to provide a seamlessly digital experience with modern tech staples, such as cloud computing, authentication and security. Believing that engagement and interaction are the most powerful ways to foster innovation in others, Visa will also allow for real-time experimentation using its Visa Development Platform. 

“What makes the approach we take in our innovation centres unique is that they're all about collaborating with clients to solve real world, consumer pain points or business problems using digital solutions,” said Jim McCarthy, executive vice president for innovation and strategic partnerships at Visa. “We’ve had great success doing this in our centres globally and are very excited to be opening a state-of-the art facility in Europe.”