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Fintech

Dublin down with funds and fintech

The Irish capital is a world leader in fund administration, if not other sectors, but it is seeking a niche in fintech and innovation

Bridging the gap: Ireland is looking to find its place in fintech
Bridging the gap: Ireland is looking to find its place in fintech Photo: iStockPhoto

Walk a mile down the Liffey from the conviviality of Dublin’s Temple Bar, and the mood changes dramatically. The International Financial Services Centre looms over the river, and an aspect of the city that gets less emphasis in tourist brochures becomes apparent. Jeans and trainers are exchanged for suits and brogues, while bars and kitsch shops make way for law offices and bank buildings.

Ireland's financial industry employs just over 35,000 people, a large proportion of whom are based in the capital. This is, of course, nowhere near the 60,000 people employed by the industry in Frankfurt, or the estimated 729,600 employed in the City of London, according to lobby group TheCityUK, but it remains significant in a population of 745,000 in Dublin and its suburbs.

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