Tech Nation has announced the 31 UK FinTech companies that have been selected to join its Fintech Cohort 3.0 programme.

The cohort includes companies from across the FinTech sector operating in sub-sectors including regtech, open banking and digital ID and the newly added insurance category.

Companies joining the programme are based in Sheffield, Belfast, Edinburgh, Colchester, Bracknell, Manchester, London, Cardiff, Milton Keynes, Bournemouth, Newport, Norwich, Glasgow, Guildford, and Nottingham.

On average the companies have raised £3.3m and employ 18 people.

Liam Gray, Fintech Lead, Tech Nation comments: “The UK fintech ecosystem is truly world leading and its strength is clearly demonstrated by the calibre of companies on this year’s Tech Nation Fintech programme.

“Our third cohort will officially introduce insurtechs to the programme, a sub-segment of fintech that has matured significantly in recent years. This cohort will also be the most geographically diverse group of fintechs we’ve ever had, with 60% located outside of London, highlighting the growing prevalence of regional fintech hubs.”

Tech Nation received 143 applications for the programme, the most ever received and up by almost 20% from last year.

The Fintech Cohort 3.0:

Auto Service Finance, Sheffield, Yorkshire – Lending
Automated Intelligence, Belfast, Northern Ireland – Regtech
Aveni, Edinburgh, Scotland – Wealth
Balkerne, Colchester, East of England – Insurance
BankBI Limited, Bracknell, South East – Analytics
BankiFi Technology, Manchester, North West – Open Banking
Caura, London – Payments
Coincover, Cardiff, Wales – Insurance
Credas, Cardiff, Wales – Digital ID
CreditEnable, London – Lending
Datactics, Belfast, Northern Ireland – Regtech
Flock, London –  Insurance
FloodFlash, London – Insurance
IE Hub, Milton Keynes, South East – Digital ID
Just Move In, Bournemouth, South West – Proptech
Lightyear, Belfast – Invoices
Maji, London – Pensions
Moneyshake, Newport – Lending
Nivo, Manchester  – Regtech
Pikl, Norwich – Insurance
Pomelo Pay, London – Payments
Portify, London –  Lending
Proportunity, London – Proptech
SO-SURE, London – Insurance
SquareBook, Edinburgh – Capital Markets
Streeva, Guildford – Payments
Uncapped, London – Lending
Urban Jungle, London – Insurance
Vistalworks, Glasgow – Regtech
Wealthkernel, Nottingham – Wealth
Yapily, London – Open Banking