Brexit, Ireland and Fintech - what are the consequences for London as a global Fintech centre?
July 2016: The CEO of the Fintech and Payments Association of Ireland (FPAI), Richard Walsh assesses Brexit and the prospects of fintech in Ireland in the July issue of Finance Dublin.
The June issue of Finance Dublin published a report suggesting that London was facing erosion of its pre-eminent EU crown as the Fintech investment cluster of investors and developers, citing a Financial News survey of financial services executives, with attention shifting to Berlin, Frankfurt, Amsterdam and Dublin.
The scenarios facing fintech investors are in the realm of speculation, but a good assessment can be seen in this article: Brexit: what are the short- and medium-term consequences for UK tech startups? by William McQuillan, a partner at Frontline Ventures, a PE firm with offices in London, and Dublin, and whose portfolio includes investments in Dublin-headquartered fintech firms, AQ Metrics and Currency Fair.