The Digital Pound Foundation officially becomes part of Innovate Finance to advance the UK as the leading centre for digital money and payments
London, 4th of March 2025: Innovate Finance, the industry body for UK FinTech, and the Digital Pound Foundation (DPF) have officially joined forces today. They will lead the charge in what will be a critical year for digital money in the UK and around the world.
The UK has the opportunity to build a leading global centre for digital assets and digital money, developing the best regulatory regime in the world for stablecoin innovation and adoption and making the UK the go-to market for stablecoins.
The Digital Pound Foundation, under the Innovate Finance umbrella, will continue to shape the future of digital money in the UK. As the Bank of England and HM Treasury progress on a digital pound, a stablecoin framework, and the UK’s National Payments Vision, the Foundation remains committed to positioning the UK as a leader in financial innovation – fostering a dynamic, inclusive, and sustainable economy.
The Digital Pound Foundation brings together a diverse range of members and partners, from corporates to startups, as well as leading experts from the financial, technology, and regulatory sectors. The DPF’s active membership reflects a wealth of expertise and perspectives, ensuring a balanced approach to the complex challenges and opportunities posed by digital money.
With resources and support from the broader Innovate Finance team, DPF members will benefit from the expertise from across the two organisations, and continue the forward momentum of this agenda.
Janine Hirt, CEO of Innovate Finance, said: “The accomplishments of the Digital Pound Foundation to establish such a vibrant and dedicated community over the past three years is a testament to their outstanding expertise and credibility. We are excited to announce this new acquisition, which will deepen our engagement in and support of critical FinTech verticals that are primed for growth. We are looking forward to combining forces and driving this important work forward.”
Claire Conby, Head of Digital Pound Foundation, commented: “The Digital Pound Foundation has been on an incredible journey and I am extremely proud of what the team has achieved since inception. Now, under Innovate Finance, the DPF has a fantastic opportunity to amplify its advocacy efforts and to ensure that it continues to deliver impact within the industry. I am very much looking forward to working with the Innovate Finance team, alongside our members, partners, industry leaders, and policymakers to shape the future of digital money”.
About Innovate Finance
Innovate Finance is the independent industry body that represents and advances the global FinTech community in the UK. Its mission is to accelerate the UK’s leading role in the financial services sector by directly supporting the next generation of technology-led innovators.
Innovate Finance’s membership ranges from seed stage startups and global financial institutions to investors, professional services firms, and global FinTech hubs. All benefit from Innovate Finance’s unique position as the single point of access to promote enabling policy and regulation, talent and skills, business opportunity and growth, and investment capital.
By bringing together and connecting the most forward-thinking participants in financial services, Innovate Finance is helping create a global financial services sector that is more transparent, more sustainable and more inclusive.
About the Digital Pound Foundation
The Digital Pound Foundation (DPF) was first launched in 2021 as an independent non-profit organisation dedicated to advancing the UK as a leading global centre for development and adoption of new forms of digital money, whether that’s in the form of central bank digital currencies (CBDC), stablecoins, tokenised deposits, or otherwise.
We explore both public and private forms of digital money and support the development of a diverse, effective and competitive ecosystem that promotes choice and is trusted, transparent, secure and safe.
Our aim is to advance the UK as a leading global centre for the development and adoption of new forms of digital money, whether that is in the form of central bank digital currencies, stablecoins, tokenised deposits, or otherwise.
