Season 3 Coming Soon

The Foundry, FinTech Wales’ accelerator programme, focuses on helping incubate, accelerate and scale new ventures within the Welsh ecosystem and beyond! The Foundry's free three month programme, backed by major partners, is soon to be launching its third programme later this month. Are you developing an early stage FinTech business ready to take it to market and get investment?  This programme could be perfect for you to take your business to the next level. Be the first to know when applications open by signing up to our newsletter.

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About Us

What You Need to Know

As an emerging tech region, Wales has the fastest growing digital economy outside London. The growth of the financial and professional sector in Wales has led to a thriving FinTech cluster that has produced industry leaders such as Admiral, Confused.com and Go Compare. These and other success stories from the region are made possible by a world-class ecosystem of supporting organisations and talent that create the optimum conditions for FinTechs to thrive.

Perfect for early to late stage seed ventures, FinTech Wales is excited to launch the third season of its accelerator programme focused on helping the fund raising process. This free, no equity, accelerator programme helps you close a round with minimum fuss & maximum impact.

Season Two

Showcase Review

Our Impact

Accelerator Results

£9M

Fundraising pipeline with VC's and angels

£2.5B

Eight ventures combined market size

12

New senior roles created

20

New hires across the cohort

More Information

Foundry FAQ

The Foundry was created by FinTech Wales to help leverage the experience of its ecosystem for good use. Our partners include Admiral Financial Services, Principality Building Society, and Cardiff Capital Region together with more than 25 supporting organisations from tech, legal, public sector, academia, and more.

Our application data is shared with partners who, after numerous rounds of due diligence, will create a shortlist of candidates for interview. After the interview process successful applicants will be offered a place in the programme.

The Foundry is a no equity programme and does not invest any capital or appear on any cap tables. We do, however, help our founders raise rounds by introducing them to our curated network of angels and VCs via our investor days and introductions.

No, you do not need to incorporate in Wales but be able to attend the once a week in-person sessions in Cardiff, UK during the programme.

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Our Differentiators

What makes the Foundry unique?

Not for profit

We don’t take a cut of any deals we facilitate nor do we charge founders to participate.

Zero equity

The Foundry does not take any equity in the companies we accelerate or incubate.

Corporate led

Cohorts are chosen by our partners and invited to develop a proof of concept or minimum viable product.

Deal focused

We measure our success by how many deals we can generate for founders; be it investment, partnership or any other format.

Ecosystem backed

Workshops, perks, and mentors are curated by leveraging the goodwill and expertise of the Welsh FinTech ecosystem.

Value added

Successful applicants receive up to £400,000 in tangible perks plus numerous intangible benefits and mentorship.

Our Alumni

Former Foundry Graduates

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TropoGo

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QuoteOnSite

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Yacooba

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Final Rentals

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BOMADU

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AGAM

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Cufflink

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Everknock

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Sero

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Voltric

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Zing

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Viaduct

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Yimba

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ShipShape

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Wagonex

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Laytrip