Becoming a PIF Start-Up Member
Launching a business in the payments space can be challenging, but PIF's start-up membership offers support at a pivotal time at an accessible price point. It offers a platform and voice for start-ups that are often resource-constrained, but ideas-rich. Our industry-led ecosystem provides unparalleled advantages, particularly through our specialised legal, regulatory and anti-fraud working groups.
PIF start-up membership also connects founders with leading industry innovators with decades of experience in launching and scaling successful payments businesses. By joining our community, you benefit from a collaborative network that understands the intricacies of the payments landscape and is committed to driving innovation whilst mitigating the risks. This collective knowledge is designed to help early-stage fintechs build a solid foundation for sustainable growth.
Why PIF Supports Start-Ups:
- Driving Innovation: Start-ups push boundaries, helping to improve and enhance the way we pay and get paid.
- Enhancing Competition: New entrants challenge incumbents and help provide more choice, benefiting consumers and businesses.
- Expanding Financial Inclusion: Many start-ups focus on underserved markets, offering solutions for underbanked populations.
- Encouraging Collaboration: Start-ups bring fresh ideas and new business models that established players can integrate or partner with.
- Boosting Economic Growth: Fintechs in the payments sector contribute significantly to job creation, while supporting consumer and business spending.
- Preparing for the Future: Supporting start-ups ensures that the payments ecosystem remains dynamic and ready to embrace emerging trends.
PIF Start-Up Membership Criteria:
- Early Stage Status: Your business must be in the early stages of development, typically within the first three years of operation.
- Small Team Size: You have a lean team, generally comprising fewer than 20 employees.
- Innovation Focus: You are focused on pioneering novel solutions or experimenting with emerging technologies to disrupt the market.
- Commitment to PIF Values: Your business aligns with PIF's mission to promote safe, sustainable innovation in payments that balances the interests of industry, regulators, and consumers.
- Commitment to Engage with PIF: You are willing to actively participate in PIF events, working groups, and member marketing efforts.
PIF Start-Up Membership Fee Structure:
3-year plan
Annual Fee (ex. VAT) | |
Year 1 | £2,750 Valid for one year only |
Year 2 | £5,500 Valid for one year only |
Year 3 | £8,250 Standard membership criteria apply |
Begin your application for PIF Start-Up membership by completing the form below: