The Foundry is FinTech Wales’ award-winning, no equity accelerator programme that provides world-class mentorship and support to help incubate, accelerate and scale start-up organisations from all over the world!
Established in 2021, FinTech Wales’ Foundry has seen phenomenal success with many of the Foundry alumni seeing incredible investment and growth. The programme is recognised globally and forms an essential part of FinTech Wales’ strategy to attract international, as well as UK, startups to develop and scale in Wales and enjoy the collaborative benefits the Welsh FinTech ecosystem has to offer.
Over 150 skilled job opportunities have been created from the Foundry alumni in Wales
£20 million investment has been raised so far, with a further £40 million investment expected over the next three years
What makes the Foundry unique?
We don’t take a cut of any deals we facilitate nor do we charge founders to participate.
The Foundry does not take any equity in the companies we accelerate or incubate.
Cohorts are chosen by our partners and invited to develop a proof of concept or minimum viable product.
We measure our success by how many deals we can generate for founders; be it investment, partnership or any other format.
Workshops, perks, and mentors are curated by leveraging the goodwill and expertise of the Welsh FinTech ecosystem.
Successful applicants receive up to £400,000 in tangible perks plus numerous intangible benefits and mentorship.
See what our Foundry alumni have to say about the Welsh FinTech Ecosystem
June 12, 2023FinTech Wales Meets Yacooba’s Co-Founder, Diogo Santos
We recently sat down with Diogo Santos, Co-Founder of Yacooba, a new revenue redistribution model for event promoters and travelers around the world, to discuss their decision to move to Wales and how the FinTech Wales Accelerator Programme helped them get honest feedback from other entrepreneurs and mentors.
May 10, 2023FinTech Wales Meets AGAM’s CEO, Shabnam Wazed
From closing a funding round supported by the Development Bank of Wales, to partnering with Bangladesh’s leading microfinance institution: we caught up with Foundry alumni AGAM to discuss their recent milestones, and why they chose Wales as the perfect place to grow their company.
April 25, 2023FinTech Wales Meets Finalrentals’ CEO, Ammar Akhtar
From a 6-figure funding round to global expansion: we sat down FinTech Wales Foundry alumni Finalrentals at their new offices in Tec Marina, Penarth, to discuss their company’s growth story to date.
January 01, 2023FinTech Wales’ 2022 Highlights
2022 was a phenomenal year for the Welsh FinTech ecosystem, so we’ve taken a trip down memory lane to show you some of our highlights from FinTech Wales’ Foundry, skills initiatives and events over the past year.
November 28, 2022We’re looking for our next Programme Director(s) for Season 4 of the FinTech Wales Foundry
As we prepare for the kick off of Season 4 of the Foundry in January 2023 we are now seeking an individual, or group of individuals to direct the next Season of FinTech Wales’ no equity accelerator programme.
November 10, 2022Credit Canary – Individual Pitch – Pitch at the Parade 2022 – Foundry Season 3
Through data monitoring of active credit products, Credit Canary identifies scenarios where borrowers present an increased risk of missing their next payment.
November 10, 2022Cargo – Individual Pitch – Pitch at the Parade 2022 – Foundry Season 3
Cargo is a digital kitty, aimed at group leaders, designed to help them better manage the finances, people and the details associated with group events.
November 10, 2022Nuable – Individual Pitch – Pitch at the Parade 2022 – Foundry Season 3
Nuable have assembled the best scientists, engineers and analysts to develop a guide that identifies the best renewable energy in any given area.
November 10, 2022Pintech.io – Individual Pitch – Pitch at the Parade 2022 – Foundry Season 3
Pintech.io is a powerful analytics tool designed with your property journey in mind. Combining investment-grade property data with comprehensive, easy-to-use, financial models.
November 10, 2022Serene – Individual Pitch – Pitch at the Parade 2022 – Foundry Season 3
Serene uses data as a force for good – helping people to identify, manage, and ultimately prevent poor mental health, whilst simultaneously empowering them to achieve their financial goals.
November 10, 2022Fiyo – Individual Pitch – Pitch at the Parade 2022 – Foundry Season 3
Fiyo – Designed to navigate life and bits of paper, fyio combines a digital filing cabinet, highly secure document share function and a fyio personal assistant.