Richard Mummery, Head of Client Success, Iliad Solutions.
The North of England has always been a place where industries evolve, innovate, and adapt to the changing world. From the woolen mills of the past to the digital economy of today, the region has shown a remarkable ability to harness new working methods and technologies, applying them in transformative ways. Nowhere is this more evident than in financial technology.
At Iliad Solutions, headquartered in Leeds, we’ve seen firsthand how fintech has taken root across the region and reached far beyond it. What was once a sector dominated by London is now a far broader story. From our base in Yorkshire, we are proud to work with financial institution partners in the North of England but also with clients across the UK, in Europe, North America, the Middle East, and Asia. It’s proof that world-class fintech expertise can thrive in Leeds while making an impact on a global scale.
Where Iliad fits in
Our contribution sits at the very heart of this ecosystem: helping organisations innovate safely and at speed. In fintech, speed to market is everything, but it cannot come at the cost of reliability or regulatory compliance. That’s where Iliad Solutions makes a difference.
Through our industry-leading testing and simulation platforms, we allow banks, payment providers, and fintech start-ups to bring new products to market faster while dramatically reducing the risks involved. Whether it’s enabling challenger banks to launch seamlessly or helping established institutions modernise their infrastructure, our role is to provide the technical foundations that allow creativity to flourish.
A region on the rise
The growth of fintech in England’s North isn’t just about technology; it’s about collaboration. Across the region, universities are producing the next generation of tech experts, innovators, and business leaders, while local authorities and regional bodies are working diligently to create conditions that attract both talent and investment. And crucially, there’s a strong sense of community, where start-ups, scale-ups, and established players like the Bank of England, having established offices in Leeds, are open to working together rather than competing in silos.
This collective mindset is one of the reasons why Iliad Solutions continues to invest in the North. We believe the region is not only a key driver of UK fintech growth but also increasingly recognised on the international stage as a hub of innovation and expertise.
Looking ahead: The Whitecap North of England Fintech Report 2025
To understand just how far the North has come – and where it’s heading – I’d strongly encourage anyone with an interest in the sector to read the Whitecap North of England Fintech Report 2025. This latest edition provides a detailed analysis of the region’s fintech ecosystem, shining a light on the opportunities, challenges, and success stories shaping the future. We were pleased to be named in the report.
For businesses, it’s a roadmap to where investment and innovation are flowing. For policymakers, it’s a call to action on how to support one of the UK’s most dynamic growth sectors. And for anyone passionate about the North, it’s a source of pride, showcasing how our region is shaping the financial services landscape of tomorrow.
At Iliad Solutions, we’re proud to be part of this journey. The North’s fintech movement is no longer emerging – it’s here, it’s thriving, and it’s reaching the world.
You can download the Whitecap North of England Fintech Report 2025 to explore the insights in full.