Wales is home to one of the fastest-growing digital economies outside London, with financial and professional services playing a key role in the rise of a thriving fintech sector. Established employers such as Admiral sit alongside a new generation of innovative companies, as the industry continues to evolve through the adoption of emerging technologies. Supported by a strong talent pool, entrepreneurial universities and increasing investment, Wales has become one of the UK’s most active fintech ecosystems.
With hubs across Cardiff, Newport, Swansea and Wrexham, the sector employs around 40,000 people and contributes an estimated £8.5bn to the Welsh economy. A collaborative community of start-ups, investors and established organisations continues to drive innovation through accelerators, incubators and shared spaces. Backed by initiatives such as Fintech Wales, the region is well positioned to support the next wave of fintech growth and technological advancement, with CCR playing an active role in supporting and strengthening this ecosystem.