Mill initiative becomes the Fintech Corridor
DROGHEDA is uniquely placed in the heart of ‘ The Fintech Corridor’ (TFC) between Dublin and Belfast, and recently, over 100 participants, including enterprise support organisations, academic institutions and entrepreneurs across the island of Ireland joined together to launch the initiative.
The online webinar gave viewers an insight into the economic growth and employment opportunities for the financial and technology sector between Belfast and Dublin.
Fintech is a portmanteau of the terms ‘finance’ and ‘ technology’ and refers to any business that uses technology to enhance or automate financial services and processes
‘Previously known as the M1 Payments Corridor, a concept developed by members of the Mill Enterprise Hub and partners, the re-branded ‘ The Fintech Corridor’ reflects a wider sectoral and cross-border remit,’ said Hilary Moran, the newly-appointed Programme Manager of TFC. ‘With both Dublin and Belfast named as ‘ Tech Cities of the Future’, the island of Ireland is uniquely positioned to capitalise on and continue to grow its fintech credentials, we believe this will bring tremendous opportunities for Drogheda, Louth and the wider region.’
A cross-border partnership, The Fintech Corridor covers the geographical region between Dublin to Belfast. With many well established fintech organisations and enterprise hubs already operating in the region, the area provides start-ups and SMEs with an attractive and accessible location from which to grow across the UK, Ireland and into Europe.
Peter Rowan, Executive Vice President of International
and Global Customer Operations at Drogheda-based Yapstone, has been appointed Chairperson for The Fintech Corridor.
‘By forming The Fintech Corridor, we can create an innovative and collaborative network of existing and new start-up enterprises, nurturing their ambitions with advice, support and growth opportunities. From my experience with Yapstone, I know first-hand the economic and business benefits of being located in the Fintech Corridor,’ he told the Drogheda Independent. ‘We selected the region as home to our international headquarters because of the tremendous support we’ve received from IDA Ireland, local businesses and other government sponsored organisations.
‘ The main benefit of being based in the region is access to a diverse and rich talent pool which enjoys a superior quality of life, something which in turn drives enhanced productivity within the company.
The Fintech Corridor is supported by a Brand Ambassador group made up of experienced fintech companies including Vesta, PayPal, State Street, Aphix, YapStone, Coca- Cola International Services, Fscom, TechNation, Digital DNA, AWS and the Fintech & Payments Association of Ireland (FPAI). The group also includes representatives from Invest NI, IDA Ireland, Enterprise Ireland, InterTradeIreland, the Louth Economic Forum and Louth County Council.
TFC are offering FREE membership for a limited time. (Sep 2020-Sep 2021) please click the link below to view the benefits and gain exclusive and unlimited access to TFC’s network http:// thefintechcorridor.com/become-a-member/