Newsletter / FinanceMalta

FinanceMalta’s Fintech-Showcase Attracts Keen Investor Interest In Amsterdam

FinanceMalta successfully showcased Malta’s unique fintech offering at the Money 20/20 event in Amsterdam, drawing significant interest from potential investors and entrepreneurs.

Picture: The Malta delegation for Money 20/20 Europe 2024

Represented under the inMalta brand, FinanceMalta highlighted the strategic and collaborative efforts of both the public and private sectors in developing Malta as a leading fintech hub.

The Malta stand, a collaboration of key government entities including Malta Enterprise, Tech-MT, and the Malta Stock Exchange, comprised one of the largest Maltese contingents present. This stand provided a comprehensive run-through of the island’s fintech capabilities, with specific emphasis on the technological and human elements supporting the growth of this industrial niche.

International investors and firms were informed of the key benefits of operating within Malta’s fintech jurisdiction, which is based on a strong regulatory framework in conformity with EU regulations. This framework not only facilitates but encourages innovation, positioning Malta as a recognized testing ground for new financial technologies.

FinanceMalta Chairman, Mr. George Vella, described this year’s participation as ‘a definite success,’ noting that the delegation effectively reflected Malta’s unique value proposition in the global fintech sector. He stated, “The feedback we received from attendees and industry leaders was very encouraging. The engagement with global industry players has been invaluable, helping us forge strong connections and gain insights to strengthen Malta’s position as a global fintech hub.”

Supporting these credentials were a range of leading fintech companies that participated in the Malta stand, including ComplyRadar, Croftz, Facilization, Lidion Bank, Me Direct, and Prometheus.

These companies demonstrated their innovative and agile solutions, positioning themselves ahead of other global fintech entities at the event. Their presentations emphasized Malta’s forward-thinking approach and cutting-edge advancements in financial technology.

Several partners, including Andaria, Contact Advisory, Ganado Advocates, Grant Thornton, GTG, and Lockton, supported the fintech companies and played a vital role in the stand’s success. Their expertise and resources resulted in the generation of numerous high-quality leads.

Additional insights were provided during a fireside chat moderated by Roderick Psaila from Bridge Advice. Camille Pepos, the Head of Fintech Supervision at the Malta Financial Services Authority (MFSA), shared invaluable insights into Malta’s fintech landscape and regulatory support structures, further emphasizing the island’s strategic position in the global fintech sector.

Governor Alan Cuschieri, Chief Operations Officer Graziella Grech, and Digital Marketing Administrator Karl Saviour Attard represented FinanceMalta at the Amsterdam event.

“The success of Money 20/20 underscores the growing strength, adaptability, and enhanced reputation of the Maltese financial services jurisdiction. FinanceMalta looks forward to building on this momentum and further advancing Malta’s global financial standing and the opportunities it offers for established and emerging firms in the sector,” concluded FinanceMalta’s Chairman, Mr Vella.

Picture: Representatives from FinanceMalta, Tech.Mt, Malta Stock Exchange and Malta Enterprise