FIA Tech, a US-based fintech company, has established R&D operations in London to expand its scale of operations. The office is the company’s first international presence outside of the US and will serve customers in the UK and Europe.

In a company press release, Nick Solinger, chief executive officer of FIA Tech, commented: “The UK and Europe are core markets for FIA Tech’s customer base and London is a global hub for fintech innovation… FIA Tech will be expanding in R&D and client services to support our rapid growth and London offers unparalleled access to a cutting-edge fintech talent base.”

In June 2021, FIA Tech received investment from ten leading clearing firms to initiate strategic growth plans. The recent funding will be utilised in further development of existing products and new solutions to improvise market infrastructure across the listed and cleared derivative industry.

Launched in 2007, FIA Tech has more than 45 employees and operates offices in Washington, DC, New York and Nashville.