Fintech Ireland

During this soft launch period for the Fintech Ireland Summit (Thursday 28th November 2024) you can now book early bird tickets via the eventbrite page here https://lnkd.in/ewkFqmbT. If you would like to discuss Sponsor and/or Exhibition opportunities you can let us know by completing the form here https://lnkd.in/egCr9RTh or dropping an email to events@fintechireland.com We are looking forward to releasing details of the initial line up of speakers and the evolving programme in the next week. FinTech Scotland FinTech Wales FINTECH UK FintechLithuania.com Official (Fintech Lithuania) Innovate Finance

Ergo founder John Purdy joins ID-Pal board amid major US expansion push ID verification firm led by Colum Lyons eyes profitability on the back of huge growth in the US and UK. https://lnkd.in/e7W_MW9P by Charlie Taylor

Thousands of staff members at the UK founded digital bank Monzo Bank which has announced its intention of securing a bank authorisation in Ireland, could soon be in the pink. #Monzo employees must decide if they want to take part in a further round of a sale of shares to exisiting external large shareholders by the end of next week, and can sell up to 40 per cent of their stakes. Long-serving staff members could reap a windfall before tax equivalent to multiples of their current salary. FINTECH UK https://lnkd.in/eWb3UTcW

Back in 2002 the Business Post (Connected Magazine) issued its inaugural 'The Fintech 15' by (Charlie Taylor). Earlier this year the team issued 'The 100 Most Powerful People in Tech in Ireland' (Charlie Taylor) . Donal MacNamee has just issued "The Fintech 15: meet the women shaping the Irish revolution" and "The trailblazers", celebrating their achievements. Get your copy of Connected Magazine in the Business Post and absorb the stories of these wonderful folk over the Irish long weekend. To honour this fantastic selection of people, Fintech Ireland has created a collage showing all of them in one image above. More power to all of you. As we know - there is no such thing as an overnight success! Here is the list of the 15! * Andrea Reynolds, chief executive and founder, Swoop * Nicola O'Brien, Monzo Bank * Andrea Linehan, Chief Marketing Officer * Joanna Murphy, chief executive, Taxback and Sprintax * Mai Santamaria FCA Santamaria, head of financial advisory, Department of Finance Ireland * Leigh-anne Cotter, vice-president of customer growth, TrueLayer * Eimear O'Brien, partner, global regulatory, Hogan Lovells * Ciara O'Grady, regulatory partner and fintech lead, Deloitte * Susan O’Neill, chief executive and co-founder, Sulu * Lesley Tully, founder, Penny FS / This is Penny * Deborah Hutton, partner and principal, DEH LAW; co-founder, ReClosure (Propto) * Ciara Walsh, co-founder and chief marketing officer, JustTip Technologies * Miriam Dunne, head of innovation and stakeholder engagement, Central Bank of Ireland * Alison McMurtrie, founder and chief executive, iDunn Consulting * Karen Cohalan, head of fintech, financial and business services, Enterprise Ireland And here are the trailblazers! * Sinead Fitzmaurice, CEO, TransferMate Global Payments * Fidelma McGuirk, CEO, Payslip * Ruth McCarthy is head of compliance, risk and policy at Fexco Group * Geraldine Dautun, founder, AQMetrics * Elaine Deehan, special project manager, Monzo Bank. Fintech Ireland Blog: https://lnkd.in/epqA-tBC Business Post: https://lnkd.in/eWUFC9pa

#Fintech pay is trending up in 2024, but down at Stripe by Alex McMurray Compensation in the fintech industry was down by-and-large across the board last year; in 2024, it's shown signs of recovering, but the results are very mixed.  ➡️ In 2024, payments infrastructure firm Plaid pays the most, but its average pay fell 5.7%. ➡️ Revolut saw an average pay bump of almost $20k to $126.7k. Monzo's pay only rose marginally, but it's still the top paying UK based firm, with pay averaging $157k. ➡️ Stripe, the fintech most widely recognized for its pay, saw average compensation fall 7% to $344k, after paying over $400k on average two years ago https://lnkd.in/eKrYX-K4

Three months until the #DORA comes into effect on January 17, 2025. A bit of a scary thought. Many #fintech companies and others are asking "How can a firm meet its compliance requirements in time?" Quite simply you need to stay up to date with developments on the DORA front. This post is a brief summary of DORA developments - some in the past few days. We hope this helps - https://lnkd.in/efNYeJad #operationalresilience ##cyberresilience

Fintech Ireland by the Numbers. In the past 12 months, the Fintech Ireland community network has grown substantially. Thank you. We welcomed shy of 330,000 visits to FintechIreland.com in the past 12 months. Compared to the 12 months to October 2023, this is 120% increase in visits. The number of followers of the Linkedin Company Page has increased by 35% to 6,865 followers and the number of members of Fintech Ireland Linkedin Group has grown by 36% to 3,538 members over the same period. We are really looking for forward to the Fintech Ireland Summit with thanks to our Platinum Sponsor Zendesk and Silver Sponsors TELUS Digital, CalQRisk and Sulu. We have received great support from the Irish government for the event and we will be announcing other partners later this week. If you wish to be part of the Fintech Ireland Community get along to our Summit at https://lnkd.in/ejWJivD8. David Neville and Robbie Whelan of Investnet (event partner and organisers) are available to discuss sponsor and exhibitor offerings.

The Central Bank of Ireland authorised/registered fintech community is comprised of: * 27 authorised electronic money institutions * 21 payments institutions, * 7 standalone open banking firms, * 15 VASP, & * 6 crowdfunding services providers. Expect to see more payments, emoney & VASPs hit the registers in coming weeks. Welcome to Shuttle (Scott Ashmore & Rob Halligan) and Bullet HQ (Peter Connor) to Version 12 of the Regulated Map. And a fond farewell to CUSOP (Payments) who voluntarily withdrew its authorisation as a payments firm. https://lnkd.in/ehqRxZD5 The upcoming Fintech Ireland Summit is focussed on #fintech growth. That's why we celebrate 76 leading regulated fintechs on our Regulated Fintech Map & more than 260 fintechs on our indigenous Fintech Ireland Map. Big thanks to Zendesk (Andrew Flynn) for being the Platinum Sponsor and to TELUS Digital for being Silver Sponsor of the Fintech Ireland Summit and the thanks to Enterprise Ireland and Ireland for Finance for the support. https://lnkd.in/ejWJivD8 Special mention to Project Foundry (Con O'Rourke, Declan Ryan & Ankanksha Sharda) for sponsoring the indigenous Fintech Ireland Map. While we update the huge indigenous Fintech Ireland Map, we have showcased Project Foundry on the Regulated Fintech Map. https://lnkd.in/ehqRxZD5 Thanks Robbie Whelan and David Neville of Investnet for the hard graft on the Summit!

Half of all contactless payments made using mobile wallets in Ireland In the 12 months to June, a total of 1.4 billion contactless payments were made, valued at almost €25 billion. 732 million of these payments were made using a mobile wallet, valued at just under €14 billion. A higher share of younger age groups prefer mobile wallets, with more than half of 18-24 year olds saying their smartphone was their preferred payment method. Dublin is leading the way in terms of the number of contactless payments per capita in Ireland at 395, more than 40% above the national average. This was followed by Carlow, Limerick and Waterford. https://lnkd.in/eTyW4hRe

Come along to the Fintech Ireland Summit where we will unpack the challenges and headwinds and of course the opportunities and tailwinds for #fintech, #regtech and #crypto companies s as they navigate the investment and funding life-cycle. We are delighted that Zendesk has joined as the Platinum Sponsor for this exciting event. Other sponsorship and also exhibition opportunities remain but they are limited. So get in while they remain by visiting https://lnkd.in/egCr9RTh (https://lnkd.in/eZ8k5nAH). Speakers will include keynotes from the Central Bank of Ireland, the Department of Finance, Zendesk plus many more speakers to be announced very soon. The news today, which is not new news to those that actively following the data on a regular basis is that funding for the fintech sector in Ireland is down 90% during the first half 2024 when compared to the same period last year. €22m was raised down from €212m during the first six months of 2023. This latest figure from Finch Capital (Mike Brennan). "While funding may be down overall, and unicorn chasing has slowed, there is plenty of opportunity for companies that are capital efficient and have a clear path to profit." Could not agree more with Mike there. We'll be joined by experts in this field to unpack what I expect to be a continuing stream of fintech funding news over the next while. Many thanks to the team at Investnet (Robbie Whelan and David Neville) managing the #FintechIrelandSummit2024 in partnership with Fintech Ireland. https://lnkd.in/eBgFt7Ri