FinTech Wales, the independent membership association and champion of the FinTech and Financial Services industry in Wales, has welcomed Go.Compare as the latest organization to join their membership.
The financial services comparison site, based in Cardiff, joins the FinTech Wales membership alongside a number of key Welsh financial services organisations, including Admiral, Confused.com, LexisNexis Risk Solutions, Principality Building Society, Yoello, Sonovate, Wealthify, Delio, Sero, Final Rentals and many more. Go.Compare’s CEO and founder Lee Griffin, has also joined FinTech Wales’ advisory panel.
Founded in 2006, Go.Compare is a comparison website that enables people to compare the costs and features of a wide range of insurance, financial products and energy tariffs. When the business launched, it was the first comparison site to focus on displaying policy details rather than just listing prices, aiming to help people make better informed decisions about their finances, and has continued to be a pioneering leader in FinTech ever since.
Speaking at the announcement, Sarah Williams-Gardener, CEO of FinTech Wales, said: “The FinTech ecosystem is growing rapidly here in Wales; and we have a unique culture of support and collaboration that encourages a continuous flow of new and innovative ideas. And that’s thanks in part to companies like Go.Compare that have an entrepreneurial spirit at their core and have shown that entrepreneurs and business leaders don’t need to move to London to scale their businesses and find success.
“Go.Compare also shares our commitment to raising awareness of the abundant career opportunities available in FinTech for young people and re-trainers, and to create a constant pipeline of talent required to support our ecosystem. They will therefore support many of our initiatives to create skills and build meaningful relationships between industry and academia, making a real impact on the FinTech landscape in Wales and we are delighted to have them on board.”
Joining the panel and becoming a member of FinTech Wales, Go.Compare CEO Lee Griffin added: “We are thrilled to join FinTech Wales and to work with them to establish a strong, unified voice for the huge successful finance and technology services sector we have here in Wales I am also extremely pleased to have joined the FInTech Wales Advisory Panel with so many renowned industry and academic leaders – many of whom we have known and admired for a long time. It’s fantastic to be able to come together and make a real difference to the future of FinTech in Wales. It’s been a long time coming and we can’t wait to get started.”
Launched in April 2019, FinTech Wales offers help and support to its network of members and participants, using the power of the collective voice to be heard by politicians, authorities and finance sector influencers. As well as nurturing and supporting the businesses already in Wales, it aims to develop an ecosystem that will encourage and attract new FinTech companies to start up or scale up in our region. Ultimately, the aim is to make Wales a leading pillar in the global FinTech community.
Last year, Cardiff Capital Region (CCR) announced a £1.6m investment in FinTech Wales, which will be spread over a five-year partnership between CCR and FinTech Wales and will see the two organizations work closely together to deliver on CCR’s commitment to establish Wales as a leading FinTech sector in the UK.