Fintech fever is alive and well

With a critical mass of firms located in London, New York and California, the Irish industry has plenty of tough competition. But PwC believes a Fintech hub is achievable if we play to our strengths, writes Leanna Byrne

8th November, 2015
John Murphy, Fintech Leader for PwC, with Brian Leonard, Tax Partner at PwC Picture: Maura Hickey

The Irish tech and financial industries have been hit by the Fintech fever.

Small indigenous companies such as Realex and Currencyfair are cornering payments and foreign exchange business which were traditionally safeguarded by financial institutions, while companies like Fenergo and Britebill are helping larger firms to leverage the benefits which Fintech can bring.

“Competition is increasing, with scaling Irish and international companies coming in trying to gain market share,” said John Murphy, Fintech leader at...

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