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ARTICLE · 24 MAY 2018

Fintech 2018

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First published by International Comparative Legal Guides, May 2018

Isle of ManWealth Management
Claire Milne
Claire Milne
Mark Emery
Mark Emery
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First published by International Comparative Legal Guides, May 2018

1. The Fintech Landscape

1.1 Please describe the types of fintech businesses that are active in your jurisdiction and any notable fintech innovation trends of the past year within particular sub-sectors (e.g. payments, asset management, peer-to-peer lending or investment, insurance and blockchain applications).

The Isle of Man Government has shown great enthusiasm for the development of Fintech products. Whilst Fintech companies have not displaced traditional financial service providers, the Fintech market is continuously developing in the Isle of Man.

The Fintech sector in the Isle of Man consists of, among other things, e-gaming, payment services and crypto-currencies.

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