On June 28, the Fintech Unconference Madrid 2023 will be held in Madrid, a summit of the Fintech industry that will be attended by government members of five continents, representatives from 25 countries and more than 250 international guests.
The meeting, with exclusive access by invitation for leaders of the technology sector, also will bring together 150 fintech CEOs and foundersas well as the main industry leaders in Spain and a large number of international firms, including banks, insurers, investors, associations and authorities, together with representatives of the Fintech and Insurtech industry.
The initiative, organized by Finnovating, with the collaboration of AEFI (Spanish Association of Fintech and Insurtech) and Madrid Investment Attraction (MIA), aims to create spaces and connection networks that allow establishing and consolidating professional relationships, as well as debating about the latest trends in the industry and its future, from the main leaders of the sector.
Finnovating has more than 50,000 companies linked to the Fintech sector in 125 countries on its platform. Of these, 334 have been unicorns, 10% more than a year ago. The ‘Fintech Unconference Madrid 2023’ will give visibility to the 15 best collaborations of the year between industry companies in Spain and international corporations from Europe and Latin America.
In the words of Rodrigo García de la Cruz, CEO of Finnovating and Vice President of the Spanish Association of Fintech and Insurtech (AEFI), “Europe is the world’s Fintech factory and Madrid is one of the main gateways for international Fintech talent and investment for the continent, especially from Latin American countries, which find a close and open regulatory environment and a innovative sandboxing.
The meeting will also offer several collaborative debates focused on identifying the next challenges and trends in the sector, emerging technologies and disruptive models, in addition to analyzing current regulation and interaction between banking and insurance with the Fintech and Insurtech industry.
At the end of the day, the Fintech Awards 2023 will take place, where the 10 most disruptive companies in both Europe and Latin America will be awarded.
“It is very satisfying to be able to bring together in the same forum, on the same day, the leaders of the industry and Fintechs of the moment, with investors, supervisors, embassies, public institutions and business associations. We work so that all of them can continue to innovate and find tailor-made solutions, as well as to make it easier for them to close strategic collaboration agreements”. concluded of the Cross.
The Fintech Unconference will also feature representatives of the main banks, insurers, associations, regulatory bodies and large financial companies who are committed to innovation and collaboration with Fintech.
Spain, third country in Europe and sixth in the world in number of active fintechs
The number of fintech active in Spain is 977, a figure that places the country in the Top 3 in the industry for Europe, only behind the United Kingdom and Germany, and within the Top 10 worldwide, where it occupies the sixth position, behind only the US, UK, India, Canada and Germany. Regarding the maturity index, Spain has 21 active Fintechs per one million inhabitants, according to the Fintech Global Vision 2023 report by Finnovating.
The sectors of payments, lending, embedded finance and crypto&blockchain They were the ones that experienced the greatest growth in our country in 2022.
In addition, Spain ranks second in Europe, only behind the United Kingdom, and fifth in the world -ahead of countries such as Germany, Brazil or France- in the number of local Fintechs (of Spanish origin based in Spain), with 664 active companies at the moment.
