- The GFA, the world’s largest FinTech ecosystem initiative, comprising representatives from the European Digital Finance Association (EDFA), the FinTech Alliance Iberoamerica (FIA), the Africa FinTech Network (AFN) and the Digital ASEAN & Digital Philippines & IDEA, was born in 2024 in Madrid to connect the global digital finance industry.
- Has launched two key documents that will shape the direction of the industry: its Founding Manifesto and the Global FinTech 2025 Report, which seek to outline a shared vision for the future of the sector, but also reflect a global commitment to building a more inclusive, secure and sustainable financial ecosystem.
- The alliance is already working on the next reports, focusing on global regulatory issues, and is finalising new agreements with international institutions to further strengthen its global visibility and influence.
Madrid, April 2025. The Global FinTech Alliance (GFA) has launched two key documents that will shape the direction of the industry: its Founding Manifesto and the Global FinTech 2025 Report, which seek to outline a shared vision for the future of the sector, but also reflect a global commitment to building a more inclusive, secure and sustainable financial ecosystem. Both documents, in which the alliance is committed to financial inclusion, international ecosystem cooperation and moving towards regulatory convergence to consolidate FinTech globally, serve as a basis for building a collaborative future within the FinTech sector. They also highlight the importance of establishing common goals that promote international cooperation, responsible innovation and effective regulation, and mark the beginning of a new era for the FinTech sector.
The Global FinTech Alliance was launched last year in Madrid, becoming the largest FinTech ecosystem initiative in the world, with the main objective of connecting the global digital finance industry to support the globalisation of business. This alliance is made up of representatives from the European Digital Finance Association (EDFA), the FinTech Alliance Iberoamerica (FIA), the Africa FinTech Network (AFN) and the Digital ASEAN & Digital Philippines & IDEA.
Rodrigo García de la Cruz, Chairman of the GFA, underlined in a webinar organised to present both documents the relevance of this moment for the global FinTech community: ‘This is a significant milestone. Today we consolidate our unified voice and set clear goals through our Founding Manifesto and the Global FinTech Report 2025’.
Analysis of the future of the industry
The Global FinTech Report 2025 provides an in-depth analysis of the current and future state of the FinTech industry globally. Based on insights provided by the GFA’s founding associations, the report examines key trends and challenges. In addition, it presents a detailed roadmap with strategies to drive the growth and sustainability of the sector over the next decade.
On the other hand, the Founding Manifesto sets out the core mission and vision of the Global FinTech Alliance, defining strategic objectives at a global level and promoting international cooperation between the different players in the sector. Its purpose is to consolidate a common framework for sustainable growth and innovation in the FinTech industry. The GFA Founding Manifesto is based on ten key objectives, designed to strengthen a more inclusive, innovative and sustainable FinTech ecosystem:
- Financial Inclusion: Ensuring access to financial services for all people, regardless of their location or economic situation, reducing inequalities and fostering the development of communities.
- Innovation and Financial Education: Promote new technologies and strengthen FinTech education so that both professionals and users can understand and take advantage of innovations.
- International Collaboration: Fostering partnerships between FinTech associations, financial institutions and regulators globally to share knowledge and experience.
- Regulatory Influence: Working with regulators to design regulations that drive innovation without compromising the stability of the financial system.
- Sustainability and Social Responsibility: Promoting environmentally responsible business practices and positive social impact, ensuring that FinTech innovation contributes to a more sustainable future.
- Diversity and Inclusion in Leadership: Boost the representation of women and other groups in leadership positions, enriching decision-making and responsiveness to the sector’s challenges.
- Security and Consumer Protection: Establish high standards of cybersecurity and data protection to build confidence in the use of new financial technologies.
- Women’s Leadership in FinTech: Support initiatives that strengthen women’s participation and leadership in the industry through training, mentoring and support networks.
- Access to Capital: Facilitate contact between FinTech startups and investors through events and platforms that promote the financing of innovative solutions.
- Transparency and Good Governance: Promoting ethical and open management within the sector, strengthening consumer and investor confidence and consolidating a solid reputation.
The alliance is already working on the next reports, focusing on global regulatory issues, and is in the process of finalising new agreements with international institutions to further strengthen its global visibility and influence.
Find here the reports: https://globalfintechalliance.com/report/
