Join us on 12 February to see the innovative solutions created by TechSprint participants and explore how open finance can transform SME Finance and Mortgages.
All applicants will be notified of the outcome in due course.
For more information, please contact us at: smartdataaccelerator@fca.org.uk
The FCA’s Smart Data Accelerator has hosted two TechSprints focused on the application of open finance and smart data in mortgages and SME finance. Delivered over a three-month period, the two techsprints brought together participants from across financial services to develop and test innovative solutions leveraging a bespoke development environment built in partnership with NayaOne, BigSpark and Raidiam. Both TechSprints will conclude with a Showcase Day, at our the FCA offices, 12 Endeavour Square, London, E20 1JN on Thursday 12 February 2026. Teams will present their work and share insights to support the FCA’s understanding of how open finance could be implemented in practice.Applications to attend the showcase day are open now.
SME Finance TechSprint Problem Statements
PS 1 - Harnessing Smart Data to unlock access to finance and growth opportunities for micro and early-stage SMEs
Unlock fair and inclusive lending for early-stage and micro SMEs by overcoming thin credit profiles through richer, standardised, and consent-driven data sharing - improving credit assessment, streamlining onboarding, and enabling sustainable growth across the UK.
PS 2 - Leveraging Open Finance data to enable SMEs to better manage their financial position and lifecycle
To strengthen the financial resilience of SMEs by harnessing data and technology to improve financial management, forward looking forecasting and smart debt management.
Mortgages TechSprint Problem Statements
PS 1 - Enabling simplified and personalised mortgage and remortgage processes through open finance data sharing
To streamline the mortgage and remortgage journey through open finance data, enabling more personalised, timely, and better outcomes for consumers.
PS 2 - Leveraging open finance data to facilitate overpayments for reduced long-term debt
To empower consumers to have a better understanding of their financial position to make timely informed decisions about whether to overpay their mortgage by leveraging open finance data sharing.
Save the Date
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