Frontpage News 2016 Money 20/20 to tur...

Money 20/20 to turn the spotlight on FinTech

4 April 2016

The Money 20/20 conference will kick off in Copenhagen’s Bella Center on 4 April. Attracting 3,000 delegates from around the globe, Money 20/20 is the world’s largest conference for FinTech. Copenhagen has been selected as this year’s host city, and the vision group behind Copenhagen FinTech Hub hopes the conference will raise greater awareness in Denmark of the possibilities and potential FinTech offers.

‘Together with CFIR, we worked very actively to bring the Money 20/20 conference to Copenhagen. We are proud to have succeeded and hope Copenhagen will also be a regular host city in future,’ says the City’s Mayor of Employment and Integration, Anna Mee Allerslev.

Digital flag ship

The EU Commission recently ranked Denmark as the EU’s most digital country. An efficient digital infrastructure, advanced digital public services and a population and workforce that are quick to embrace new digital technologies added up to a top score for Denmark.

The vision group behind Copenhagen FinTech Hub wishes to maintain Denmark’s leading position and to this end has spearheaded the launch of a new, exciting project:

‘The Copenhagen FinTech Hub project consists of a range of activities including competitions, knowledge sharing and mentoring as well as a co-working space that will be able to accommodate up to 100 FinTech start-ups. We are inviting all interested parties to join us in creating a strong, dynamic FinTech environment that makes Denmark a Nordic FinTech centre,’ says Louise Mogensen, Deputy Chief Executive of the Danish Bankers Association.  

FinTech and the future

The vision group behind Copenhagen FinTech Hub comprises representatives of the Danish Bankers Association, Copenhagen FinTech Innovation and Research (CFIR), the Financial Services Union Denmark, the City of Copenhagen, Tryg, BEC, Saxo Bank, the Danish Association of Lawyers and Economists (Djøf) and Nets.
‘Money 20/20 gives us a unique opportunity to get a first-hand impression of how the digital future will evolve in the financial sector and a chance to show the wider world that Copenhagen is a digital hub also capable of hosting the biggest international conferences,’ says President of the Financial Services Union Denmark, Kent Petersen.
FinTech is already a well-established sector providing jobs for 14,000 people.  It has tremendous growth potential, offering prospects of a further 5,000 jobs in Copenhagen alone over the next five years.
‘We hope the conference attracts a level of attention high enough to boost political interest in the FinTech area. The sector needs framework conditions in Denmark that can underpin its future development and thus create growth and jobs that will benefit Denmark,’ Lisa Herold Ferbing, President of Djøf, concludes.

Money 20/20 is being held from 4-7 April in Bella Center in Copenhagen. Read more about the conference

The members of the vision group behind Copenhagen FinTech Hub are:
  • the Danish Bankers Association
  • the Financial Services Union Denmark
  • the City of Copenhagen
  • Tryg
  • BEC
  • Saxo Bank
  • Djøf
  • Nets
For further details please contact any of the following:
The Danish Bankers Association: Head of Media Relations Stine Luise Hansen: +45 30161009
The Financial Services Union Denmark: Political Communications Officer Sabina Furbo: +45 61200924
The City of Copenhagen: Press Officer Christian Pors Sagen: +45 28593637
Djøf: Press and Communications Officer Simon Oxby: +45 60622282
CFIR: CEO Anette Broløs: +45 33701103
Nets: Public Affairs Manager Andreas Kaus Jensen: +45 29482037
Tryg: Programme Director Jane Kaasgaard: +45 41862508
Saxo Bank: Public Affairs and PR Coordinator Steffen Wegner Mortensen:
+45 30654300
BEC: Director of Communications Simon Gabrielsen: +45 21673929
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