Fintech Ireland's Peter Oakes has again being recognised as a leading fintech consultant for 2021 following his listing in 2020. 

Chambers and Partners released its Fintech Rankings for Ireland in January 2021.  Peter is the only individual / boutique professional services firm (CompliReg) to be ranked along side some of Ireland's largest consulting firms.

In research carried out by Chambers and Partners, Peter's clients and fintech industry experts informed the researchers that:

• Peter is high-profile, he has very strong governance capabilities and is very good for a regulated FinTech company.
• his area of expertise is in licensed applications with the Central Bank. He can explain what is required in black and white from the regulator but also what is left unsaid.
• Peter would be my first port of call for any FinTech looking to obtain an e-money licence.
• Peter's reputation really helps; he's top of the list of local Dublin-based regulatory consultants.

Peter Oakes is the Founder of fintech networks Fintech Ireland (www.fintechireland.com), Fintech UK (www.fintechuk.com) and US TechFin (www.USTechFin.com). Peter is a non-executive director of regulated fintech companies in the payments, e-money and MiFID sectors. He is founder of leading fintech consulting firm CompliReg (CompliReg.com) and is an adviser and mentor to fintech and regtech startups and scaleups. Peter is a consultant to Clark Hill in Ireland and Kerman & Co in the UK, which is supporting the Fintech UK project.


See Peter's entry at Chambers & Partners here
See Peter's entry alongside larger consulting brands here
See details of Peter's 2020 recognition here 

Welcome Boku to the regulated fintech family of e-money, payment institutions and account information service providers.

​Boku Network Services IE Limited, a US payments firm listed in London, obtained a payments authorisation for service # 5 (i.e. 5. Issuing of payment instruments and/or acquiring of payment transactions) from the Central Bank of Ireland on 25 March 2021 to support its European business and aid further product expansion. The company develops mobile payment solutions that connect merchants and mobile operators for billing and identity verification.  By our tally that makes 20 x Authorised Payments Institutions (the Central Bank records 21, but one of those firms is marked as 'withdrawn' as at 20 Feb 2020); 3 x Account Information Services Providers (i.e. standalone AISP registration. NB 2 x Payments and 2 x emoney firms have this as part of their licence) and 17 x Electronic Money Institutions.  This data as of 8 April 2021 as per records showing on the CBI website.   

If you are looking to get authorised or registered with the Central Bank of Ireland, take a look at the slides and video from our recent co-hosted event with CompliReg at https://complireg.com/authorisations.html

** Another regulated payments institution for Ireland **

It has been an interesting number of months since Fintech Ireland published the last 'Emoney & Payment Services Firms Authorised in Ireland' Map back on 1 July 2020 (thanks to CompliReg). At that date we only had 3 emoney/payments firms authorised in Ireland in 2020.

On 11 September 2020, Ireland welcomed another #brexit hedge firm, this one being Segpay Ireland, authorised as payments institution for 3(c). Execution of credit transfers, including standing orders and (5) Issuing of payment instruments and/or acquiring of payment transactions.

“We’ve spent countless hours preparing for Brexit because it was so important to have our merchants remain on solid ground when Brexit officially goes into motion,” said Cathy Beardsley, Segpay President & CEO. Ailish Penston is Country Manager. 

Welcome to Ireland SegPay and also the many others in the Central Bank of Ireland authorisation pipeline!

Read more about SegPay here.

Those firms in the above map which are indigenous to Ireland also appear on our bigger Fintech Ireland Map version 3.0 which you can find here. If you think you should be on the Fintech Ireland Map, complete our Survey.

If you are looking to get authorised in Ireland as an emoney or payments firm, see these Authorisation Guides.