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European Commission Paves Way for FinTech Growth in 2017

Last month, the European Commission established a Financial Technology Task Force to "help FinTech innovation reach its full potential in Europe" in 2017. Alongside this, the commission also launched their Start-up and Scale-up Initiative that aims to "give Europe’s many innovative entrepreneurs every opportunity to become world-leading companies."

Is it a coincidence that the Fintech Task Force (FTTT) and entrepreneurial initiative have been launched by the European Commission at the same time? In a word, no.

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