Enterprise Ireland is to draw up a 'Fintech Census' to map the country's burgeoning digital ecosystem and inform future policy across the areas of tax, employment, regulation and investment.
Open to all home-grown and international fintech companies operating in Ireland, the Fintech Census aims to provide a trove of information for investors, policymakers and other stakeholders on the scope, scale and strategic positioning of the fintech sector in Ireland and to chart its growth.
The completed census report - which will be undertaken by Ernst & Young - will allow a comparison of the Irish fintech sector to other international hubs and highlight areas where Ireland needs to improve.
Led by Enterprise Ireland, the initiative is a collaborative effort with support from key stakeholders in the sector, including IDA Ireland, Banking and Payments Federation of Ireland (BPFI), Fintech and Payments Association of Ireland (FPAI), FSI and Fintech Ireland.
The creation of the census comes just weeks after the country's central bank announced plans to launch an innovation hub and industry engagement programme to keep step with the evolving fintech and regulatory landscapes.