Economy Minister leads all-island trade mission to Singapore

Economy Minister Conor Murphy has arrived in Singapore to lead an all-island trade mission to the world’s largest fintech trade event, Singapore Fintech Festival.  

The four-day trade mission, which is supported by Invest Northern Ireland, Enterprise Ireland and IDA Ireland, will promote the island of Ireland as a hub for innovation in regtech, fintech, and financial services and will showcase 14 companies at the Singapore Fintech Festival to the wider Asia-Pacific market. 

Speaking today, Minister Murphy said: “I’m delighted to lead the first ever all-Ireland trade mission to Singapore. It is very welcome that Invest NI, Enterprise Ireland and IDA Ireland are cooperating to showcase the strength of our companies, north and south.  

“This trade event is a great opportunity for our economy. Ireland’s fintech sector is internationally recognised for its innovation and talent. And Singapore, as a global fintech leader, is a prime location to showcase our fintech capabilities on the world stage.”  

Companies from the north of Ireland participating on the mission are EOS IT Solutions, Fern Software, First Derivative, FinTrU, Funds-Axis, Kyber Digital and Neueda.  

During the mission, the Minister will support the companies at the Singapore Fintech Festival, deliver a keynote address at an Irish Chamber of Commerce event and hold a range of meetings, including attending an event with the Northern Irish diaspora in partnership with NI Connections.   

Invest NI CEO, Kieran Donoghue added: “The Asia-Pacific market presents substantial growth opportunities for Northern Ireland companies, and with our dedicated in-market team on the ground, we are well-equipped to support their expansion and guide them through this dynamic landscape. 

“This trade mission, which brings together seven of Northern Ireland’s leading companies, provides an invaluable platform to win business, forge strategic partnerships, engage with regional leaders, and connect with the Northern Irish diaspora. These connections will foster long-term economic benefits for Northern Ireland and the wider island.” 

Pictured at Marina Bay in Singapore are representatives of the seven NI companies on the joint trade mission to Singapore with Economy Minister Conor Murphy and Invest NI staff.

Enterprise Ireland client companies participating on the mission are Continuum Commerce, CubeMatch, Daon, Fexco, GetVisibility, Intuition and TransferMate.  

Leo Clancy, CEO of Enterprise Ireland, said: “Singapore is one of the most developed and innovative financial hubs in Asia and is a gateway for the broader Association of Southeast Asian Nations (ASEAN) and Asia-Pacific markets.

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"The Asia-Pacific market is the fourth largest export market for Irish fintech and financial services companies with many Irish companies actively helping the Singaporean and wider Asia-Pacific banking sector to address challenges related to digital transformation, regulatory compliance, cybersecurity, financial inclusion, and sustainability.

"This trade mission will serve to showcase the dynamic and innovative fintech sector across the island of Ireland and support the participating companies to expand their presence in the vibrant Asia-Pacific fintech ecosystem, in a very welcome partnership with our colleagues in Invest Northen Ireland.”