FinTech Wales welcomes PwC as its newest Enterprise Member
The independent members association and champion of the FinTech and Financial Services industry in Wales, FinTech Wales, has welcomed one of the largest professional services networks in the world, PwC, as its newest Enterprise Member.
By joining the organisation, PwC will have full access to the FinTech Wales community and the resources it provides. PwC will sit alongside several key Welsh financial services organisations including Admiral, Confused.com, LexisNexis Risk Solutions, Principality Building Society, Hodge, Yoello, Sonovate, Sero, Delio, Go.Compare and many more as fellow members.
PwC has offices in 155 countries and is among the leading professional services networks in the world. In addition to its traditional assurance, tax and advisory services, the firm has in recent years expanded its offering to lead in areas such as deals, digital transformation, cyber and managed services.
In Cardiff, PwC is undergoing a period of rapid headcount expansion, having taken a third floor at its One Kingsway workspace to give it an extra 10,000 sq ft and enable it to grow its headcount by a further three hundred over the next 18 months.
On becoming a member of FinTech Wales, PwC’s Regional Market Leader for West & Wales John-Paul Barker commented: “It’s exciting to join FinTech Wales at a time when the industry continues to go from strength to strength regionally, and Cardiff is flourishing as a FinTech hub in the UK. FinTech Wales, and the community of entrepreneurs, founders and innovators it represents are aligned to our ambition to create hundreds of digital and tech jobs in Wales.”
Sarah Williams-Gardener, CEO of FinTech Wales, said: “We are delighted to have PWC join the FinTech Wales community. PWC is highly invested in the growth of the full tech sector in Wales, with specific expertise in Financial Services and FinTech. We both share a passion to develop talent which will positively influence economic growth in the region, and by combining our activities and efforts we will have a greater combined impact. This partnership will have a great impact on the Welsh FinTech ecosystem.”
Launched in April 2019, FinTech Wales offers key support to its network of FinTechs and associate members, and uses the power of the collective voice to be heard by politicians, governments and influencers in the financial services space.
As well as nurturing and supporting those businesses already in Wales, it also aims to develop an ecosystem that will encourage and attract new FinTech companies to start-up or scale-up in the region. Ultimately, the goal is to make Wales a leading pillar in the global FinTech community.
Sarah added: “FinTech Wales continues to represent the Welsh FinTech ecosystem, both across the UK and globally. We are also working to meet the needs of businesses at all stages of their innovation journey. There’s no shortage of talent knocking on the FinTech community’s door and we are frequently seeing fantastic ideas and innovations being voiced. We look forward to welcoming new members in the future and growing our community.”
Last year, Cardiff Capital Region (CCR) announced a £1.6 million investment in FinTech Wales, which will be spread over a five-year partnership between CCR and FinTech Wales, and will see the two organisations work closely together to deliver on CCR’s commitment to establish Wales as a leading FinTech sector in the UK.
More information about FinTech Wales can be found at www.fintechwales.org.