Source: Financial Conduct Authority (FCA)
Five fast-growing firms have joined the Financial Conduct Authority’s (FCA) Scale-up Unit, receiving tailored support to help them innovate, navigate regulation and grow sustainably.
ClearScore, Modulr, Teya, Urban Jungle and Zilch, spanning payments, consumer finance, credit information and insurtech, are the first firms regulated solely by the FCA to take part.
Jessica Rusu, chief data information and innovation officer at FCA
The Scale-up Unit gives firms tailored regulatory support as they develop new products, respond to policy changes and manage the challenges of rapid growth.
Insights from a recent pilot with 15 high-growth firms, published on 10 August 2026, show that early investment in governance, risk management and controls helps firms manage the opportunities and challenges of growth, as well as scale sustainably.
Jessica Rusu, chief data information and innovation officer at the FCA, said: “High-growth firms play a vital role in driving economic growth across the UK.
“We want the UK to remain one of the best places in the world to start, grow and scale a financial services business. That’s why we’re supporting ambitious firms as they scale, helping them navigate regulation and innovate with confidence.”
Six firms, jointly regulated by the FCA and the Prudential Regulation Authority (PRA), were announced as the Scale-Up Unit’s first cohort in February. Applications for the next group will open soon.
Since the FCA launched its innovation services, it has supported more than 1,000 innovative and growing firms.
Further reading: Financial Conduct Authority unveils UK’s Open Finance roadmap to 2030