FinTech Wales is a not-for-profit organisation aimed at making Welsh FinTech a pillar of the global economy - nurturing talent while connecting and enabling the sector’s ecosystem.
Ensuring skills are developed in Wales to support FinTech enterprises in a diverse and inclusive way.
Promoting Wales globally as a go-to location for FinTech businesses.
Removing factors that inhibit the success of innovators and large enterprises alike.
Creating access to funding and helping businesses to prepare for investment.
FinTech Wales is the independent membership association and champion of the FinTech and Financial Services industry in Wales.
FinTech Wales brings together entrepreneurs, small, medium and large enterprises, tech suppliers, universities, higher and further education, schools and the public sector. And indeed anyone who plays a part in enabling or supporting this sector.
Founded in 2019 as a not-for-profit, the association exists as a global voice for Welsh-based FinTech and Financial Services. As well as nurturing and supporting those businesses already in Wales, it will develop the ecosystem to help FinTech companies start-up or scale-up in Wales and aims to establish Wales as a pillar of the global FinTech economy.
Here’s a selection of our family members – the FinTech and Financial Services companies that we are here to support.
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Helping FinTech businesses start, scale, transition and flourish.
Working with education providers to develop skills in Wales and promoting the opportunities and benefits of working in Wales to help grow and retain talent.
Providing access to funding and helping to make your business investor ready, introducing those looking for investment to a wide network of professionals in FinTech.
Promoting Wales as the go-to destination for FinTech businesses - regardless of company age or size.
Encouraging diversity, inclusion and attracting people from all generations to pursue a career in FinTech.
Startups who are challenging traditional financial services with new brands that do the job better, faster or more efficiently online or on app. Some are selling B2C and some are partnering with existing financial services businesses B2B2C.
Traditional financial institutions from banks to insurance, from investment providers to credit card providers who are using technology to digitally transform their own businesses.
Businesses providing technology that can improve the services, operations or marketing of existing financial services organisations with slick technology. These businesses often help to accelerate the digital transformation of incumbents.
“There is a wealth of FinTech expertise in Wales and FinTech Wales is a crucial initiative that is combining this expertise to further enable growth, through understanding and addressing skills shortages as well as being a hub for the ecosystem that FinTech’s need to be successful.” Louise O’Shea,
CEO, Confused.com
FinTech Wales was formed in April 2019 with the initial direction provided by Richard Theo. Richard was appointed by HM Treasury as the Government's FinTech Envoy for Wales as the successful entrepreneur behind not one, but two leading FinTech businesses in Wales.
ln his role as FinTech Envoy, Richard aims to maximise the potential for FinTech in Wales and its impact on the Welsh economy, while placing it as an integral element of the UK FinTech landscape.
If you would like to find out more about FinTech Wales and how we may be able to help your business then sign up to our mailing list and we'll keep you in the loop.
