The M1 region from Dublin to Belfast already benefits from an emerging Fintech/Payments cluster. M1PC is ambitious to build out new value chains from the existing cluster of Payment companies into regional and national capabilities allowing the island of Ireland to compete across Europe as a collaborative network of excellence.
Overview of North East Region for Financial Services:
The M1PC has proved very attractive to multinational and indigenous companies. The main clusters that have emerged are international business services, mainly Financial Services and consumer goods and manufacturing.
There is an opportunity to bridge the two largest cities on the island of Ireland whilst also supporting the regional economy by supporting the fast-growing and innovative Payments sector. Northern Ireland’s Cyber Security and Regtech expertise will benefit from collaboration with Ireland’s fintech and financial services expertise.
Multinational companies in in the Financial Services sector, include State Street, Liberty Insurance, PayPal, SMT Fund Services, Vesta Corporation, Yapstone, Global Indemnity, IT Governance, e-Comm, Prepaid Financial Services, Computershare Governance Services and Coca-Cola International Services.
Indigenous award-winning Fintech companies include Aphix Software, Gecko Governance, fscom, and Intact Software.
Overview of Drogheda
Strong cluster of well-established multinational companies in Drogheda include Coca-Cola, State Street, Becton Dickinson, Yapstone, MTI Global Services, It Governance, and Kellton Tech.
1.8 million people within 60 minutes of Drogheda
Ideally located between the two largest cities on the island of Ireland, Dublin & Belfast, in the most densely populated part of the country. Over 3 million people live in the catchment from Belfast to Dublin (c.100 miles / c.160km) – 50% of the entire population of the island of Ireland
of Ireland’s Population
Student cohort of over 145,000 and access to 44,000 graduates from six Universities and six Institutes of Technology within a 90 minute radius. Over 50,000 people commuting daily from the catchment to Dublin
Excellent transport links, 30 – 90 minutes Motorway access to Dublin & Belfast. 3 International Airports (Dublin, Belfast x 2) within 20 – 90 minutes of Drogheda