Innovate UK is looking to fund digital ideas with commercial potential that address 5 challenges in the financial sector:

• personal financial management – partnering with Money Advice Service and Experian
• cyber security – partnering with the Department for Business, Innovation and Skills
• consumer financial literacy – partnering with Lloyds Banking Group
• hyper-local transactions – partnering with American Express
• compliance and regulation – partnering with Accenture

Successful applicants will not only get funding but the chance to work with financial sector partners to trial their proposed solutions – and support and advice on how to get their innovations to market quicker.

Competition information

• the competition opens on Monday 2 March 2015
• the deadline for submissions is midday on 22 April 2015
• there will be briefing events for potential applicants in
  • London on 4 March 2015
  • Cardiff on 5 March 2015
  • Edinburgh on 10 March 2015
  • Belfast on 11 March 2015