Brexit may have happened back in 2020, however the ramifications for fintech will continue for a long tome to come. Fintechs established in Ireland that wish to scale in the UK need to know the "Do's and Do Not's" when seeking to operate within the UK. So too must UK fintechs seeking access to Ireland and wider EEA.
Best join us at the third Fintech Ireland Summit takes place on Thursday 26 November 2026 in Dublin Ireland to learn more. CLICK HERE
Click here to sign up to Fintech Ireland news, events, services as we announce them.
Also check Brexit pages at and tweets from at:
Also check Brexit pages at and tweets from at:
- Fintech UK: https://fintechuk.com/brexit--fintech.html / https://twitter.com/FintechUK_HQ
- Brexit Ireland: https://BrexitIreland.com / https://twitter.com/BrexitIRL
- CompliReg: https://CompliReg.com / https://twitter.com/CompliReg
Brexit saps London’s appeal to tech founders
For Rob Bishop, head of one of Europe’s fastest growing tech companies, now is the time for start-ups to relocate operations elsewhere in the EU, ahead of the UK’s departure next year. “You don’t want to get caught out at the eleventh hour,” he says. “You can’t assume things will be fine after Brexit and then find out they aren’t"
The managing director of London-based payments start-up Optal says it has applied for a regulatory licence in Ireland, in the event that the UK does not retain passporting rights. These currently enable fintech companies to sell financial services across the EU single market. Copyright Financial Times 30/04/2018
For Rob Bishop, head of one of Europe’s fastest growing tech companies, now is the time for start-ups to relocate operations elsewhere in the EU, ahead of the UK’s departure next year. “You don’t want to get caught out at the eleventh hour,” he says. “You can’t assume things will be fine after Brexit and then find out they aren’t"
The managing director of London-based payments start-up Optal says it has applied for a regulatory licence in Ireland, in the event that the UK does not retain passporting rights. These currently enable fintech companies to sell financial services across the EU single market. Copyright Financial Times 30/04/2018
More than 150 Brexit Applications filed with Central Bank of Ireland
"More than 150 financial services firms have applied for authorisations from the Central Bank to operate in Ireland and license new products here in the wake of Brexit. Companies seeking authorisations for new products drives surge" copyright Irish Independent 15/07/2018
More than 150 financial services firms have applied for authorisations from the Central Bank to operate in Ireland and license new products here in the wake of Brexit. An upswing in applications in recent weeks has compelled the Central Bank to re-allocate staff to deal with the workload. The growing prospect of a hard Brexit is believed to be behind the recent surge and applications may top 175 firms by the end of the year, sources said.
"More than 150 financial services firms have applied for authorisations from the Central Bank to operate in Ireland and license new products here in the wake of Brexit. Companies seeking authorisations for new products drives surge" copyright Irish Independent 15/07/2018
More than 150 financial services firms have applied for authorisations from the Central Bank to operate in Ireland and license new products here in the wake of Brexit. An upswing in applications in recent weeks has compelled the Central Bank to re-allocate staff to deal with the workload. The growing prospect of a hard Brexit is believed to be behind the recent surge and applications may top 175 firms by the end of the year, sources said.
If you would like to enquire about establishing a presence in Ireland, please contact us hello@fintechireland or hello@peteroakes.com with details of your query, including the type of licence you require and where possible, the date by which you need to be authorised.
We have received hundreds of calls/emails/queries from regulated and unregulated fintech firms from the UK, USA, Asia and Australia/New Zealand vexed by the uncertainty of how BREXIT will impact their business and asking questions about the authorisation regimes in Ireland and other EU Member States. This complexity is added to by PSD 2 (soon PSD3), E-Money Directive, MiFID 2, AML 5, CRR/CRD IV and the GDPR as well.
Fintech Ireland doesn't consult or provide any such paid type services. Fintech Ireland doesn't raise revenue and therefore it makes no profit and all costs associated with its activities, including this website and free guidance, can be provided by our founder, collaborators and event sponsors covering our costs. If Fintech Ireland can help sign post you to the relevant information, we'd be happy to, but please check out our News and Events page where we place relevant information and copies of powerpoint presentations before contacting us.
For consulting assistance with establishing and scaling your fintech business in Ireland you can contact Peter Oakes at hello@peteroakes.com (and visit www.peteroakes.com). Our founder, collaborating with others, has also established the Brexit & Ireland project to track companies moving to, and scaling their operations from Ireland. Visit www.brexitdublin.com (hello@brexitdublin.com) for more information.
If your a firm looking for information about getting regulated in Ireland, obviously check out the Central Bank of Ireland's website and get in touch with us hello@fintechireland.com or hello@peteroakes.com (www.peteroakes.com).
We have received hundreds of calls/emails/queries from regulated and unregulated fintech firms from the UK, USA, Asia and Australia/New Zealand vexed by the uncertainty of how BREXIT will impact their business and asking questions about the authorisation regimes in Ireland and other EU Member States. This complexity is added to by PSD 2 (soon PSD3), E-Money Directive, MiFID 2, AML 5, CRR/CRD IV and the GDPR as well.
Fintech Ireland doesn't consult or provide any such paid type services. Fintech Ireland doesn't raise revenue and therefore it makes no profit and all costs associated with its activities, including this website and free guidance, can be provided by our founder, collaborators and event sponsors covering our costs. If Fintech Ireland can help sign post you to the relevant information, we'd be happy to, but please check out our News and Events page where we place relevant information and copies of powerpoint presentations before contacting us.
For consulting assistance with establishing and scaling your fintech business in Ireland you can contact Peter Oakes at hello@peteroakes.com (and visit www.peteroakes.com). Our founder, collaborating with others, has also established the Brexit & Ireland project to track companies moving to, and scaling their operations from Ireland. Visit www.brexitdublin.com (hello@brexitdublin.com) for more information.
If your a firm looking for information about getting regulated in Ireland, obviously check out the Central Bank of Ireland's website and get in touch with us hello@fintechireland.com or hello@peteroakes.com (www.peteroakes.com).
Who's moving to Dublin? Brexit & Ireland
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Ireland as your financial services HQ in Europe
One of the professional advisers you may wish to consider is Peter Oakes the founder of Fintech Ireland and an internationally recognised financial services expert. Peter sits in the pre-approval controlled function of 'significance influence' and 'company director' at Irish regulated fintech firms (payments and MIFID) as well as sitting on the advisory boards of fintech and regtech, and consulting to these types of companies. If Peter Oakes cannot help you he will put you in contact with people and organisations, at your request, who hopefully will be able to assist you. These introductions will be made in good faith and the choice of your adviser is purely yours.
Peter is a non-executive director and board level strategic and regulation adviser to regulated fintech in Ireland, the United Kingdom and elsewhere. Peter is a former Director of the Irish Central Bank, and worked as a senior regulator in the United Kingdom (former Financial Services Authority - Enforcement Lawyer) and Australia (Australian Securities & Investments Commission - Senior Officer). He has also advised a number of regulators and central banks on their corporate and regulatory strategies. In Ireland Peter was personally involved in helping drive changes to the authorisation process in Ireland (see here). Peter is a solicitor admitted in Ireland, the UK and Australia. If you wish to discuss the impact of Brexit and the authorisation of your financial services company in Ireland, including steps you can take right now, contact Peter at peter@peteroakes.com (see more about Peter at our About page / LinkedIN Profile). Peter's work and blogs have a large following: Peter has 17,200+ followers on LinkedIN.
One of the professional advisers you may wish to consider is Peter Oakes the founder of Fintech Ireland and an internationally recognised financial services expert. Peter sits in the pre-approval controlled function of 'significance influence' and 'company director' at Irish regulated fintech firms (payments and MIFID) as well as sitting on the advisory boards of fintech and regtech, and consulting to these types of companies. If Peter Oakes cannot help you he will put you in contact with people and organisations, at your request, who hopefully will be able to assist you. These introductions will be made in good faith and the choice of your adviser is purely yours.
Peter is a non-executive director and board level strategic and regulation adviser to regulated fintech in Ireland, the United Kingdom and elsewhere. Peter is a former Director of the Irish Central Bank, and worked as a senior regulator in the United Kingdom (former Financial Services Authority - Enforcement Lawyer) and Australia (Australian Securities & Investments Commission - Senior Officer). He has also advised a number of regulators and central banks on their corporate and regulatory strategies. In Ireland Peter was personally involved in helping drive changes to the authorisation process in Ireland (see here). Peter is a solicitor admitted in Ireland, the UK and Australia. If you wish to discuss the impact of Brexit and the authorisation of your financial services company in Ireland, including steps you can take right now, contact Peter at peter@peteroakes.com (see more about Peter at our About page / LinkedIN Profile). Peter's work and blogs have a large following: Peter has 17,200+ followers on LinkedIN.