UK documents show that the UK Ministry of Business and Trade spent five years to persuade Andrink Horwat to create a presence in London, only for the American company to leave 18 after the launch of an office, According to government documents obtained by Sifted.
In 2023, the A16Z Checkle office launched in London, considering the encryption environment in the United States under the leadership of Biden at the time as unobstructed and the UK more flexible to work with it. But the progress of encryption has been slow in the UK and now the new Labor Party government seems less focused on it. So A16z’s motivation has grown to continue her office in London, as she told Sifted sources.
