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FinTech Wales holds first Pitch Club

Early stage fintech companies will pitch to investors and peers.

FinTech Wales, the not-for-profit independent membership organisation set up to champion the FinTech and Financial Services industry in Wales, is holding its inaugural Pitch Club event at Tramshed Tech on December 2nd, sponsored by Cardiff Council.

FinTech Wales has recognised the need to give help and advice for those business that are looking to raise investment, particularly those at pre-seed or seed stage and so they have organised this pitching event and invited five Welsh FinTech start-ups to pitch.

The FinTechs pitching at the event include Taxod, an end to end accounting solution for freelancers, 220,a private bank for influencers, Lynq, an app to hold all of your bank accounts and cards, Pension the Pennies, a round-up app for your pension, and Disberse, a digital bank built specifically for aid organisations.

Gavin Powell, General Secretary of FinTech Wales, said: “This event is an important one in the FinTech Wales calendar as one of our key goals is to make Wales the best place to start and grow a FinTech company. To do this, FinTech start-ups need the right investment and mentoring, at the right time.

“With the expertise we have on the FinTech Wales board, we will bring together key angel investors, business leaders and institutional investors from Wales and beyond to meet a select group of early stage startups, offering them support, guidance and capital. We can’t wait to see what comes from the Pitch Club, and we’re looking forward to holding many more.”

Ben Joakim of Disberse is one of the entrepreneurs pitching at the event. He explained why events like these are so important for start-ups: “Wales is a great place to start any business, and we have a growing Fintech industry, but accessing the right investment can be challenging.

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“Events such as this organised by FinTech Wales are so important for early stage companies looking to grow. There is money and support in Wales, but when it comes to scaling up, we may need to look beyond Wales.

“I’m looking forward to sharing our story and plans for growth at the Pitch Club, and to meeting some future investors!”

FinTech Wales brings together entrepreneurs and businesses of all sizes, as well as technology suppliers, innovators, universities and public sector bodies. The association has established an Advisory Board of 20 people including representation from Welsh companies such as Credas, Confused.com, Admiral, The Principality and Capital Law. FinTech Wales will act as a global voice and advocate for FinTech, introducing the benefits to FinTech entrepreneurs and innovators of establishing a business in Wales, as well as nurturing and supporting those companies already in Wales.

If you would like to attend FinTech Wales’ The Pitch Club event, book your tickets here: https://www.eventbrite.co.uk/e/the-pitch-club-by-fintech-wales-tickets-79799864543?aff=ebdssbeac. More information on FinTech Wales can be found on the website www.fintechwales.org

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