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FinTech Wales: Completes first foundry accelerator programme

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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

FinTech Wales: Completes first foundry accelerator programme

  • FinTech Wales Foundry accelerator, created in partnership with Admiral Pioneer, Principality Building Society and Cardiff Capital Region
  • The Foundry accelerator concluded at its Demonstration Day event at Tramshed Tech
  • Eight companies accelerated, and now have a combined market size of £2.5 billion
  • 12 new senior roles have been created in Wales, with 20 hires during Foundry program
  • The cohort has generated a £9 million fundraising pipeline with venture capitalists and angels
  • Vision is to deliver Personalised and Aggregated services to bank customers making their shopping experience
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