PwC Opens New Cardiff Office and Backs Growth Potential of Welsh Fintech

Professional services firm PwC has officially opened its new Cardiff office at One Central Square, with senior leaders highlighting Welsh fintech as one of the country’s fastest-growing sectors.

The new office, located in Cardiff’s Central Square development, provides approximately 33,500 sq ft of workspace and brings together colleagues from across PwC’s Consulting, Tax, Audit and Deals teams. It is also home to the firm’s specialist Ethical Hacking team.

In a video shared on LinkedIn, Stuart Couch, Market Senior Partner at PwC Cardiff, gave viewers a tour of the new office and described it as the next chapter of PwC’s journey in Wales.

Stuart said: “There are real reasons to be optimistic about Wales’ prospects. It has proven its strength in advanced manufacturing, its fintech and insurance sectors are growing fast, and it is starting to take advantage of its natural edge in the transition to green energy.”

He added that capitalising on those strengths will require leaders to make creative decisions, including new approaches to financing, complex transformation programmes and cross-sector collaboration.

PwC has been present in Cardiff for more than 90 years, and the move to One Central Square marks a continued investment in the Welsh market.

Carl Sizer, Chief Markets Officer at PwC UK, said: “Our regional strategy is fundamental to our purpose and our success; it’s vital that we live and work where our clients do, so that we can better understand their issues and work closely alongside them.”

For the Welsh fintech ecosystem, PwC’s recognition of fintech as a fast-growing sector is an encouraging sign of the industry’s increasing strength, maturity and ambition.

The opening of the new office adds another major organisation to Cardiff’s Central Square district, which continues to develop as a key location for business, technology and professional services in the Welsh capital.