FinTech Wales welcomes PwC as its newest Enterprise member
The independent membership association and champion of the FinTech and Financial Services industry in Wales, FinTech Wales, has welcomed one of the largest professional services networks in the world, PwC, as its newest Enterprise member.
By joining the organisation, PwC will have full access to the FinTech Wales community and the resources it provides. PwC will sit alongside several key Welsh financial services including Admiral, Confused.com, LexisNexis Risk Solutions, Principality Building Society, Hodge, Yoello, Sonovate, Sero, Delio, Go.Compare and many more as co-members.
Founded in 1998, PwC has offices in 152 countries with 350 team members based in Cardiff – it is among the leading professional services networks in the world providing insurance, tax and advisory services.
On joining FinTech Wales, JP Barker, Market Leader at PwC commented: “We’re delighted to be joining FinTech Wales at a time when the industry continues to go from strength to strength regionally – it’s really exciting to see Cardiff flourish as a FinTech hub in the UK. It is also great to see FinTech entrepreneurs, founders, innovators and change makers in Wales continuing to create an even more inclusive financial ecosystem overall. We’re thrilled to be a part of it.”
Sarah Williams-Gardener, CEO of FinTech Wales, said: “We are delighted to have PWC join the FinTech Wales community. PWC is highly invested in the growth of the entire technology sector in Wales, with specific expertise in Financial Services and FinTech. We both share a passion for developing talent that will impact economic growth in the region positively and by combining our activities and efforts we will have a greater overall effect. This partnership will have a major impact on the Welsh FinTech ecosystem.”
Launched in April 2019, FinTech Wales provides key support to the network of FinTechs and Associate Members, using the power of the collective voice to be heard by politicians, governments and financial sector influencers.
As well as nurturing and supporting the businesses already in Wales, it also aims to develop an ecosystem that will encourage and attract new FinTech companies to start up or scale up in the region. Ultimately, the aim is to make Wales a leading pillar in the global FinTech community.
Sarah added: “FinTech Wales continues to represent the Welsh FinTech ecosystem, both across the UK and globally. We also work to meet the needs of businesses at all stages of their innovation journey. There is no shortage of talent tapping into FinTech- community door, and we often see amazing ideas and innovations emerge. We look forward to welcoming new members in the future and growing our 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.