Large European Fintechs Launch a New Trade Association

The European Fintech Association (EFA) has launched with six founding members: Funding Circle, Raisin, Finleap, Transferwise, Moneyfarm and N26; these companies are all leaders in their respective fields which represent the major fintech verticals; Marc Roberts, who is chief counsel for Raisin will be leading the EFA’s board and he said in a statement: “By launching the Brussels-based association, EFA will be able to support the voice of FinTechs in Europe by encouraging proportionate and smart regulation that will support European financial innovation while taking consumer protection into account.” AltFi