The North East is home to the National Innovation Centre for Data (NICD), located in the 24-acre state-of-the-art innovation district – Newcastle Helix. NICD is co- funded by UK Government and Newcastle University and is a space for collaboration, knowledge transfer and innovation.
Key regional hubs for FinTech activity include: Barclays Eagles Labs Newcastle, Floe Workspace, Newcastle Helix, The Racquets Court, Hoults Yard, Salvus House and Sunderland Software City. Situated on the outskirts of Newcastle, Cobalt Business Park is another major hub for financial technology. It is home to many key assets and companies such as sector pioneer Sage, and Newcastle Strategic Solutions which offer fully managed and platform only savings management services, supporting the full range of personal savings products.