As Ireland continues to grow as a hub for FinTech and Financial Services, many companies are looking to establish regulated entities here. From a hiring perspective, the importance of getting your first couple of hires right cannot be overstated, especially when operating in such a highly regulated space.
My thoughts....
See the link in the first comment for the full blog post.
As Ireland continues to grow as a hub for FinTech and Financial Services, many companies are looking to establish regulated entities here. From a hiring perspective, the importance of getting your first couple of hires right cannot be overstated, especially when operating in such a highly regulated space.
My thoughts....
See the link in the first comment for the full blog post.
In the last 2 years at least 100,000 UK Financial Services employees have been released into the market.
That’s a huge bubble of knowledge capital and entrepreneurial spirit.
If just 1% decided to start their own venture (staying in Financial Services), it would lead to a c.25% uplift in the number of companies in the UK FinTech ecosystem today.
But the value of this community isn't about increasing the volume of new entrants.
It represents a massive opportunity to increase the diversity of new founders and leaders in UK FinTech, and harness years of deep industry experience to drive the next wave of innovation in financial services.
More needs to be done within the ecosystem to communicate with and galvanise this talent pool.
#fintech#ukfintech#financialservices#innovation#diversity
Ireland has become the ultimate gateway for FinTech companies! 🇮🇪 Discover why tech giants like Stripe chose Ireland as a launchpad for global success. From perfect time zones to strategic market access, learn how this small country has a massive impact on business. #FinTech#Ireland#Stripe#GlobalBusiness#Finance#IrelandHub
UK fintech investment has seen a significant boost in the first half of 2024, with funding almost tripling to over £5.0bn compared to the same period in 2023. This positions the UK as the leader in European fintech, outperforming the entire EMEA region combined.
However, while deal sizes have increased, the overall number of transactions has dropped, indicating that investors are being more selective and focusing on enhancing the value of existing portfolios rather than rushing into new deals.
So, what does this mean for fintech businesses?
1. Opportunities are growing: As funding rebounds, now is the time to position your fintech company to attract investment. Whether you’re seeking venture capital, private equity, or preparing for M&A, getting your legal structure in place early is critical to maximising your value.
2. Investor caution: Investors are more focused on long-term profitability and solid business models. Having a well-prepared legal framework that includes robust compliance, intellectual property protection, and data privacy strategies can set your fintech apart.
3. Global outlook: With geopolitical and economic challenges persisting, UK fintech is still leading in Europe. This highlights the need for future-proof legal strategies that can help mitigate risks and ensure sustainable growth.
At Ignition, we specialise in providing tailored legal solutions for fintech businesses. From structuring deals to regulatory compliance and protecting your innovations, our team is here to support you in navigating the complexities of this dynamic industry.
Is your fintech business ready for the next wave of investment? Get in touch with us to find out how we can help you capitalise on these opportunities.
www.ignition.law#fintech#ukfintech#legalsupport#investment#businessgrowth#fintechlawyers#vcfunding#privateequity#regulatorycompliance
Interesting read on the growth of fintech within financial services in Ireland, along with valuable advice for further expansion in the region. Check out the article here: https://lnkd.in/erCeCnYr. #Fintech#Ireland#FinancialServices
With the line between health tech and fintech increasingly blurring, it's an honor to be recognized as a top #fintech company in NYC. Read on in Built In NYC for how we're shaking up healthcare payments ➡ https://lnkd.in/eyH9MEk3#GrowWithCedar
Last month I surveyed 55 founders and leaders of FinTech companies across the UK.
I asked for their opinions on the value they place on spending time with their peers (i.e. other FinTech founders in the same city, region or sector).
💬 72% said that it was “extremely important” to spend time with other founders.
💬 94% love the time they have with “more experienced” peers.
💬 86% said that they “weren’t doing it enough”.
Time commitment, and busy conference environments, are factors that make this type of interaction difficult.
Would love to hear more views…whether you agree, disagree, or are indifferent…
#fintech#ukfintech#financialservices#founders#innovation
🤩 I had a conversation last week that highlighted the UK's brilliant FinTech scene and the fact that we should celebrate it more than we do.
👉 Innovate Finance reported earlier this month that 98% of FinTech companies have a significant positive impact on Productivity in the UK.
🥳 This encompasses "Economic Growth, Job Creation, Innovation and Infrastructure. FinTechs are driving productivity and digital infrastructure, increasing access to finance and financial resilience of the vulnerable."
😬 However with a drop in #investment by 37% in the first half of 2024 from the previous period, more support is needed for the UK to remain competitive.
#Growth#FinTechNews#FundingGap
In 2023, 20 of the world's top 25 financial services firms are based in #Ireland. ☘
Ireland is the 4th largest exporter of financial services in the EU and 6th globally.
Dive deeper into the full Enterprise Ireland Fintech in Ireland 2023 report here: https://lnkd.in/gXeC2Jm9#fintech#ireland
