šŸšØ Wise waves goodbye to Florida

Plus, Irelandā€™s fintech game gets a power boost.

Welcome to Fintech Wire ā€” your quick guide to whatā€™s shaping finance and tech today.

What weā€™ll cover today:

āœ… Wise shuts down in Floridaā€”whatā€™s behind the move?

āœ… Squareā€™s European head steps up as Irelandā€™s fintech leaderā€”whatā€™s next?

āœ… Upcoming fintech events you canā€™t afford to miss!

āœ… Fintech leaders weigh in on the latest industry shifts!

Squareā€™s European head, John Oā€™Beirne, is now the chair of the Fintech and Payments Association of Ireland (FPAI), a key player in Irelandā€™s fintech industry.

šŸšØ Breaking News:
John Oā€™Beirne, a veteran at Square (Block Inc.), steps up as FPAIā€™s new chair, aiming to boost Irelandā€™s fintech growth and global presence.

āš”Wire Simplified:

  • Squareā€™s John Oā€™Beirne is the new chair of FPAI, Irelandā€™s key fintech body.

  • His goal? Help fintech startups scale, attract investments, and make Ireland a bigger fintech hub.

  • FPAI connects major banks, startups, and regulators in Irelandā€™s financial sector.

  • Irelandā€™s fintech industry is booming, with global players eyeing expansion.

  • Oā€™Beirneā€™s leadership could bring new regulations, funding, and tech innovation to Irelandā€™s financial scene.

āœ” Straight to the Point:
John Oā€™Beirneā€™s new role could accelerate Irelandā€™s fintech growth, but can he balance innovation and regulation without slowing down progress?

šŸ¦ Will Ireland become Europeā€™s next fintech hub under Oā€™Beirneā€™s leadership?

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Wise, the global money transfer giant, is shutting down its Florida office as part of a plan to restructure its Americas operations.

šŸšØ Breaking News:
Wise is consolidating its U.S. servicing teams, meaning the Florida office will close. The company says this move will improve efficiency.

āš”Wire Simplified:

  • Wise is closing its Tampa, Florida office to streamline operations in the Americas.

  • The decision is part of a broader strategy to cut costs and centralize teams.

  • Some employees will relocate, but job cuts might happen.

  • Wise still has a strong U.S. presence, with operations in Austin and New York.

  • The move comes amid increasing competition in the cross-border payments space.

āœ” Straight to the Point:
Wise is tightening its operations, betting that a leaner setup will boost efficiencyā€”but will this move actually improve customer service?

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Sounds weird but it's very common it is for founders to lose a lot of sleep over having to tell investors no in competitive fundraises.

You go so long trying to get anyone to believe in you that it feels very unnatural to say no to people who are trying to bet on you.

ā

gpt4o rn is like if Sydney was way smarter, went to therapy for 100 years, and learned to vibe out

Singapore FinTech Festival 2025
The Singapore FinTech Festival is one of the world's largest FinTech events, bringing together industry leaders, startups, and investors to discuss the future of financial technology. The event features conferences, exhibitions, and networking opportunities.
Date: November 9ā€“13, 2025 | Location: Singapore

Paris Fintech Forum 2025
The Paris Fintech Forum is a leading European event in the FinTech sector, bringing together CEOs, founders, and investors from around the world to discuss the future of finance. The event features panels, keynotes, and networking opportunities.
Date: January 28ā€“29, 2025| Location: Paris, France

Book your seat here

Africa Fintech Summit 2025
Africa Fintech Summit unites the African FinTech ecosystem, including startups, investors, regulators, and banks, to discuss innovation and growth in financial technology on the continent.
Date: April 17ā€“18, 2025 | Location: Nairobi, Kenya

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