Economy Minister has arrived in Singapore to
lead an all-island trade mission to the world's largest fintech
trade event, Singapore Fintech Festival.
The four-day trade mission, which is supported by Invest Northern
Ireland, Enterprise Ireland and IDA Ireland, will promote the
island of Ireland as a hub for innovation in regtech, fintech,
and financial services and will showcase 14 companies at the
Singapore Fintech Festival to the wider Asia-Pacific
market.
Speaking today Minister Murphy said:
“I'm delighted to lead the first ever all-Ireland trade mission
to Singapore. It is very welcome that Invest NI, Enterprise
Ireland, and IDA Ireland are cooperating to showcase the strength
of our companies, north and south.
“This trade event is a great opportunity for our economy.
Ireland's fintech sector is internationally recognised for its
innovation and talent. And Singapore, as a global fintech leader,
is a prime location to showcase our fintech capabilities on the
world stage.”
Companies from the north of Ireland participating on the mission
are EOS IT Solutions, Fern Software, First Derivative, FinTrU,
Funds-Axis, Kyber Digital and Neueda.
During the mission, the Minister will support the companies at
the Singapore Fintech festival, deliver a keynote address at an
Irish Chamber of Commerce event and hold a range of meetings,
including attending an event with the Northern Irish diaspora in
partnership with NI Connections.
Invest NI CEO, Kieran Donoghue added:
“The Asia-Pacific market presents substantial growth
opportunities for Northern Ireland companies, and with our
dedicated in-market team on the ground, we are well-equipped to
support their expansion and guide them through this dynamic
landscape.
“This trade mission, which brings together seven of Northern
Ireland's leading companies, provides an invaluable platform to
win business, forge strategic partnerships, engage with regional
leaders, and connect with the Northern Irish diaspora. These
connections will foster long-term economic benefits for Northern
Ireland and the wider island.”
Enterprise Ireland client companies participating on the mission
are Continuum Commerce, CubeMatch, Daon, Fexco, GetVisibility,
Intuition and TransferMate.
Leo Clancy, CEO of Enterprise Ireland said:
“Singapore is one of the most developed and innovative financial
hubs in Asia and is a gateway for the broader Association of
Southeast Asian Nations (ASEAN) and Asia-Pacific markets. The
Asia-Pacific market is the fourth largest export market for Irish
fintech and financial services companies with many Irish
companies actively helping the Singaporean and wider Asia-Pacific
banking sector to address challenges related to digital
transformation, regulatory compliance, cybersecurity, financial
inclusion, and sustainability. This trade mission will serve to
showcase the dynamic and innovative fintech sector across the
island of Ireland and support the participating companies to
expand their presence in the vibrant Asia-Pacific fintech
ecosystem, in a very welcome partnership with our colleagues in
Invest Northen Ireland.”
