Financial News

New fintech and payments trade association launched

By Business & Finance
15 September 2015
Pictured (L-R): Simon Harris TD, Colm Lyon (formerly of Realex Payments and now Pay with Fire), Anna Scally (KPMG), Morgan Lynch (Senddr) and Colm Raffer, Maples and Calder

KPMG has welcomed the launch of the Fintech and Payments Association of Ireland (FPAI) as one of its founding members at its launch event in Dublin.

FPAI is a new trade association for all stakeholders who are involved in financial technology and payments in Ireland.

Its primary aim is to position itself as a catalyst for creating the most compelling environment in which both indigenous and multi-national fintech and payments companies can excel.

As an open and representative body, businesses of all sizes and stages of development are encouraged to join: start-ups, scaling and international businesses are all welcome.

Anna Scally, partner at KPMG and board director of FPAI said: “Ireland is critically positioned to make the most of the fintech opportunity in Europe. We have a vibrant and well-established technology sector, an increasingly healthy financial services sector with global reach and a wave of start-up companies achieving international recognition. The Government has acknowledged Ireland’s potential in fintech and the opportunity for economic growth and employment is clear. FPAI will provide a strong, united voice for the growing fintech community and its investors.”

KPMG has been working with a broad range of companies across technology and financial services, including fast growth companies and ambitious entrepreneurs.

The company recently announced an exclusive global alliance with Matchi, the innovative fintech matchmaking platform that connects banks and insurance companies with financial services technology start-ups from across the globe.

FPAI’s founding Board of Directors are Anna Scally of KPMG, Colm Lyon of Pay with Fire (and formerly Realex Payments), Morgan Lynch of Senddr and Colm Rafferty of Maples and Calder.