FinTech
The trade association for financial technology and payments businesses in Ireland
Who we are
The Fintech and Payments Association of Ireland is a non-for-profit trade association which welcomes participation and engagement from all stakeholders with an interest in the Irish FinTech ecosystem. Its primary aim is to unlock the value of community in helping to foster an environment in which both indigenous and multi-national FinTech companies can thrive and get the very best from locating and doing business in Ireland.
Membership comprises domestic and international banks, legal and advisory firms, technology providers and of course Fintechs, at all stages of development. FPAI also works closely with other organisations including IDA, Enterprise Ireland, the Central Bank of Ireland and a range of like-minded associations in Ireland and abroad.
The association co-ordinates meet-ups and networking events on topicals interest to the membership. Events can be at an association wide level but also tailored to specific interest groups within the FinTech community, such as Regulations, Technology, Payments etc.
FPAI became an affiliate of Banking and Payments Federation Ireland in 2018.
What we do
Regulation
FinTech and regulation go hand in hand and accordingly is a cornerstone of the association’s activities. FPAI, on behalf of its members, canvases views on regulatory challenges and opportunities facing the Irish FinTech ecosystem. The association also contributes to initiatives and consultation processes, both formal or informal, on behalf of its members in respect of government policy and proposed legislation which impacts on FinTech.
The Association also seeks to provide a forum for the sharing of experiences in tackling regulatory challenges amongst members, run focused educational events and programmes and maintain a resource of guidance notes from applicable regulatory authorities. The association will seek to leverage the scale of its membership to gain access to guidance papers and engagement processes with applicable regulatory authorities.
Sector Support
The association will at all times take positive steps towards deepening and broadening the FinTech community in Ireland for the benefit of all stakeholders.
FPAI will advocate for the sector with regulators and policy makers, highlighting the benefits that Fintech can bring to society in terms of employment, innovation and competition within the Financial Services sector.
The Association also seeks to provide a forum for the sharing of experiences in tackling regulatory challenges amongst members, run focused educational events and programmes and maintain a resource of guidance notes from applicable regulatory authorities. The association will seek to leverage the scale of its membership to gain access to guidance papers and engagement processes with applicable regulatory authorities.
Community
FPAI was established to fulfil the need for a dedicated forum for members to meet, interact, network and share perspectives. Using the power of community, the FPAI seeks to bring stakeholders together for mutual benefit and help exploit opportunities to collaborate.
By building connections with like-minded organisations, FPAI will also seek to extend its reach for the benefit of members. This will include the building of formal and informal partnerships with international Fintech associations, Academia, semi-state organisations such as IDA and EI along with other associations working in Financial Services and Technology.
The FPAI will also provide local contacts and introductions to overseas FinTech businesses who may choose to locate in Ireland.
The Association also seeks to provide a forum for the sharing of experiences in tackling regulatory challenges amongst members, run focused educational events and programmes and maintain a resource of guidance notes from applicable regulatory authorities. The association will seek to leverage the scale of its membership to gain access to guidance papers and engagement processes with applicable regulatory authorities.
The Irish FinTech Ecosystem
FinTech in its broadest articulation comprises every area of technology and innovation in the financial services arena, from payments, trading and FX, big data, risk, compliance and business intelligence to consumer-focused currency exchanges and peer to peer lenders.
In Ireland we have a deep heritage in growing financial services businesses in the International Financial Services Centre and an equally strong history in establishing and scaling Irish technology companies focused on foreign markets. We are lucky to have a diverse range of market participants who see FinTech as the context for their own innovation or at least a source of innovation from which they can benefit.
- Indigenous Irish early stage and scaling technology companies
- Indigenous Irish later stage technology companies
- Multi-national technology companies with operations in Ireland
- Indigenous financial institutions
- International financial services companies with operations in Ireland
- Venture capital and private equity investors
- Relevant intermediaries and service providers
