Coinciding with the QUBE Events 7th NextGen Payments Forum, Peter Oakes of Fintech Ireland has helped launch www.fintechmalta.com.  Join us at QUBE Events 7th NextGen Payments Forum in Valletta, Malta on 9th and 10th May 2019 to learn more about Fintech Malta.  Book using the unique Fintech Malta 20% discount code at https://fintechmalta.com/events.html

We look forward to seeing you in Malta on May. 

Coinciding with the QUBE Events 6th NextGen Payments Forum, Peter Oakes of Fintech Ireland has helped launch www.fintechcyprus.com.  Join us at QUBE Events 6th NextGen Payments Forum in Limassol, Cyprus on 4th and 5th April 2019 to learn more about Fintech Cyprus.  

We look forward to seeing you in Limassol, Cyprus in early April. ​

If you intend to use our data, graphics and images please ensure that you credit the team at Fintech Ireland - just as we do! for others.

It’s been a full year since we updated the Fintech Map - and there are LOTS of changes!

● Credit & Lending - 8 new companies
● Funds & Trading - 2 new companies
● Crypto & Blockchain - 5 new companies
● Saving & Investing - 1 new company
● Insurance - 1 new company 
● FinOps - 1 new company
● Regulation - 13 new companies
● Payments - 10 new companies
● Others - 5 new companies

This shows that the Fintech ecosystem in Ireland is continuing to grow and evolve, both in the Republic and Northern Ireland. If we were to draw one headline from this, it would be the explosive growth of Regulation (RegTech), with thirteen new companies added in the last year.

If you are Irish FinTech / RegTech and feel that you should be on the Map, complete our Survey (at https://fintechireland.com/fintech-survey.html) and we will review before the release of our next edition.

To reflect the all-Ireland nature of Fintech Ireland, we’ve updated the design to be a little less Dublin-centric, and bumped the version number to 2.0.

Thank you to everyone who contributed to the update this year, including those who completed the on-going Fintech Ireland Survey!  As we say above, to join the Map, complete the Survey on www.fintechireland.com. 

Any questions on the Map, please send them to [email protected].

If you like to stay in touch with what we are doing, our events for 2019 and Irish fintech news, join the mailing list here and follow us on twitter at @fintechireland, @gingertechie and @oakeslaw

As we can see from the below pie chart, RegTech and Payments are the dominant sectors within the Fintech Ireland ecosystem.  This is no surprise and matches data emanating from other bodies, including data from the central Bank of Ireland. 

Following the Central Bank of Ireland's announcement on 20 April 2018 about open and active engagement with FinTech and innovation, it launched its Innovation Hub as a direct point of contact for innovative firms. 
 
The Innovation Hub provides an open platform for the Central Bank to listen to innovators and enhance its sight of ongoing and upcoming developments in FinTech. It uses that information to build on its existing intelligence on changes in the financial services landscape. The direct engagement approach, through the Innovation Hub, facilitates a deeper understanding among firms of the Central Bank's regulatory and supervisory expectations.

A couple of points to note from the 2018 Update are:

• the Innovation Hub has directly engaged with over 78 firms and stakeholders
• 86% of enquiries were from firms not authorised by the Central Bank
• Payments and RegTech firms contacted the Innovation Hub the most
• 31% of enquiries related to authorisations

​Read the 2018 Update here.  Read more about the Innovation Hub here. 

Click here to download the ODCE Report 

"ICOs are global in nature and trade easily across borders. A more coordinated global approach is necessary to prevent regulatory arbitrage and allow ICOs to deliver their potential for the financing of blockchain-based SMEs, while also adequately protecting investors." Greg Medcraft, Director OECD Directorate for Financial and Enterprise Affairs.