Fintech Wales Hits 200-Member Milestone as Sector Continues to Grow

FinTech Wales, the independent membership association for the fintech and financial services industry in Wales, has reached 200 members as it continues to welcome new organisations from across Wales, the UK and internationally into its rapidly expanding network. 

The milestone follows the publication of its 2024/25 Annual Report, which highlighted continued investment resilience, employment growth and world-first innovation across the Welsh fintech sector.

Recent new members include Oxyile, Valart, Bipsync, Alerte, Amino, CalonAI, OpenMoove and InnovAItive Solutions – businesses spanning AI, data, payments, research technology and fintech innovation. Their arrival reflects the strength and diversity of the Welsh ecosystem, with companies joining from across the nation and demonstrating a new generation of ambitious Welsh-founded start-ups and scaling organisations.

FinTech Wales is also experiencing strong inward investment from international companies choosing Wales as a base to start or scale. Firms such as Lideflow (Paris), The Cloud Factory (Mauritius) and Sibli (Canada) are growing their presence in Wales, attracted by the talent pipeline, supportive ecosystem and collaborative network. UK businesses including My Time Pension, DataWollet, Planna and GenAirate are also expanding operations in South Wales, reinforcing Wales’ position as a competitive and attractive fintech hub.

Established in 2019 to connect and champion the fintech community in Wales, FinTech Wales now supports hundreds of businesses across Wales and beyond to start up and scale in a supportive and collaborative environment.

Bipsync, an AI-powered investment workspace purpose-built for institutional investors, is one of the latest members to join and highlights the global reach of the FinTech Wales community. Founded in 2012 by investment and technology experts with connections to Stanford University, and with a strong presence in Cardiff alongside its headquarters in New York, Bipsync aims to bring research within reach of every investment decision by enabling investment teams to capture, structure, and leverage collective intelligence at scale.

Craig Marvelley, CTO of Bipsync, explains the importance of organisations like FinTech Wales: “We’re delighted to join FinTech Wales at such an exciting time for the sector. Cardiff and Wales have been a key part of our journey, and remain an important part of our story as well as a source of exceptional talent. Being part of this vibrant community will help us strengthen our Welsh roots while connecting with like-minded innovators who are pushing the boundaries of financial technology.” 

Sarah Jones, CEO of FinTech Wales, said: “Reaching 200 members is a significant milestone and a testament to the strength and ambition of Wales’ fintech ecosystem. What’s particularly encouraging is the breadth of that growth – from homegrown Welsh start-ups to international businesses choosing Wales as their base to scale. 

“The momentum will continue later this year as we announce the first Welsh Fintech Festival, taking place on 3rd June at the Swansea Building Society Arena. This landmark event will bring together industry leaders, innovators, collaborators and investors to showcase Welsh fintech on a national and international stage, further cementing Wales’ reputation as a dynamic and fast‑growing fintech destination.

“The announcement of our first Welsh Fintech Festival marks another major step forward for the sector. It will be a powerful platform to showcase the innovation, talent and global potential of the Welsh fintech community.”

To find out more about the 200 members of the FinTech Wales community visit here.