Malta’s fintech scene had a notable presence at Money20/20 Europe, one of the world’s leading fintech events which had over 8,000 delegates present.
Malta’s presence was led by FinanceMalta, non-profit public-private foundation that was set up to promote Malta as an international business and financial centre within, as well as outside of, the country.
The event was held in Amsterdam between 6-8th June and was attended by an international assortment of C-suite executives in the banking, payments, compliance, and investment fields.
As the application of digital technology in financial services is gaining momentum, The foundation showcased Malta’s offering in this regard and promoted the country as an international business and financial centre that keeps abreast of the continuously evolving financial services industry.
The foundation hosted the inMalta stand, which gave five fintech companies that are members of the foundation to showcase their products and further boost their international exposure.
The stand was an initiative by the foundation, along with other Government entities, namely Malta Enterprise, Tech.MT, the Malta Digital Innovation Authority (MDIA) and Gaming Malta. The five companies were ComplyRadar, Moneybase, Prometheus Technologies, Trust Stamp and Wamo.
FinanceMalta’s chairperson George Vella said, “the inMalta stand at Money20/20 is the result of a process that sees Government entities joining forces and partnering with the private sector to promote the country more effectively.”
“In Amsterdam, the Maltese representatives had hundreds of interactions with start-ups, scale-ups, investors, and leading experts in the fintech space during which we presented the whole Maltese fintech ecosystem. We provided information on emerging market segments, success stories and the Government incentives in place to attract further business to Malta. “
Foundation members Andaria, Camilleri Preziosi Advocates, Ganado Advocates, Grant Thornton Malta, and GTG, also supported the initiative and provided their expertise at the inMalta stand to further strengthen the promotional efforts.
The past few years have seen a dramatic increase in the number of online casinos
Since its inception, the Family Business Office has been instrumental in highlighting the needs of family-run enterprises in Malta.
Seat Load Factor also stood strong during the period, with an increase of 6.8% when compared to 2019