This month, the EI team attended Intersekt23, Australia’s largest gathering of local and international Fintechs, accelerators, policymakers, regulators, investors and advisors. Collaboration is a central pillar of the global Fintech ecosystem, and nowhere is this more visible than at Fintech Australia’s flagship festival.
In the spirit of collaboration, we were thrilled to join forces with Scottish Development International to host the first-ever ‘Celtic Fintech Fusion’ networking event, which took place on the conference’s opening night. We heard pitches from leading ‘Celtic’ companies from different corners of the Fintech landscape. Representing the Irish side were Aryza, Daon, and Fund Recs.
Aryza is a pioneering technology company, providing automated solutions for lending, debt, insolvency, and arrears for all sectors. Aryza works with its customers and partners to create and deliver solutions that improve the financial health and lives of the millions of people that engage with the product every day. Aryza’s mission is to transform the financial relationship businesses have with their customers.
Daon is an innovator in developing and deploying biometric authentication and identity assurance solutions worldwide. Daon has pioneered methods for securely and conveniently combining biometric and identity capabilities across multiple channels with large-scale deployments that span payments verification, digital banking, wealth, insurance, telcos, and securing borders and critical infrastructure. As identity theft becomes more sophisticated, Daon’s cutting-edge solutions offer a glimpse into a future where secure authentication is the norm rather than the exception.
Fund Recs develops cloud-based reconciliation software for the global Funds Industry, replacing outdated enterprise software with Software-as-a-Service (SaaS). Fund Recs simplifies complex reconciliation and data transformation processes reducing the time to complete reconciliations by up to 90%. Fund Recs reduces operational costs by delivering automation for the Funds Industry.
Collaboration stands as a cornerstone of Ireland’s fintech success story. Organisations like Enterprise Ireland and other agencies and accelerators have consistently provided steadfast support, recognizing fintech as a key growth sector. As a testament to this, EI ranks among the world’s largest investors in fintech startups based on deal count, with a portfolio of over 250 fintech firms. Participating in thought-provoking discussions, such as those at Intersekt23, will be instrumental in unlocking the full potential of the global fintech market.
Senior Market Adviser – Digital Technologies