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'Nothing to do with Enda leaving': Web Summit organisers announce Dublin event

MoneyConf, a financial services and fintech conference, has previously been held in other countries.

Web Summit 2014 - Dublin Paddy Cosgrave with Enda Kenny in 2014 PA WIRE PA WIRE

THE WEB SUMMIT has announced that MoneyConf, a financial services and fintech conference, will be held in Dublin.

This year’s conference is kicking off in Madrid, Spain today.

The Web Summit moved to Lisbon in 2016 after being held in the Irish capital for a number of years.

When the move to Portugal was announced in 2015, email correspondence between government officials and organisers of the tech conference revealed how the relationship deteriorated as the event’s founder raised concerns about traffic management, public transport, hotel costs and WiFi at the RDS.

This morning, Web Summit co-founder and CEO Paddy Cosgrave announced that MoneyConf would be held in Dublin.

In a statement, organisers said: “We’re providing €1.5 million a year in free tickets to students from every school and college in Ireland to all our events globally.

Brexit is transforming Dublin as a financial centre. Major banks, credit card companies and fintech startups have all signed leases in recent months. JP Morgan is moving up to 1,000 bankers alone to Dublin from London. It’s an incredible moment.

“And it’s in this moment that we’re moving MoneyConf, which is already one of the world’s leading financial services and fintech conferences, to our hometown Dublin.”

The statement added that the timing of return “has nothing to do with Enda Kenny’s departure [as Taoiseach]“.

A public press conference about the move will be held in the Shelbourne Hotel in Dublin at 8am on Thursday, 22 June.

Read: After a stumbling start, Web Summit looks at home in Portugal

Read: Revealed: The emails that show why the Web Summit left Dublin

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    Mute Kevin50
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    Jan 20th 2021, 7:35 PM

    Ballina is right to be proud as Ireland should be of a man who may be a son of Deleware and the USA but a son of Eireann too…what a welcome he will get when he returns as President

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    Mute D.B
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    Jan 21st 2021, 1:30 AM

    @Kevin50: I here too son of Eireann…

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    Mute John Sheahan
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    Jan 20th 2021, 7:31 PM

    Why did I read that as “Coke and Champagne”.

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    Mute Joe Vlogs
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    Jan 20th 2021, 7:33 PM

    @John Sheahan: it’s Ballina, not South Dublin :-)

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    Mute Tom kenny
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    Jan 20th 2021, 8:06 PM

    @Joe Vlogs: it’s like the virus, it’s everywhere

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    Mute Will
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    Jan 20th 2021, 8:59 PM

    @John Sheahan: article would have been more interesting if it was about that!

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    Mute C_O'S
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    Jan 20th 2021, 7:38 PM

    I hope that Mayo will be able to present Sam Maguire to President Joe Biden when he travels to his ancestral home while he is in office.

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    Mute Mike Keane
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    Jan 20th 2021, 7:47 PM

    @C_O’S: Louth have a better chance of doing that.

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    Mute Tom kenny
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    Jan 20th 2021, 8:09 PM

    @Mike Keane: Ouch!

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    Mute kevin mc cormack
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    Jan 20th 2021, 8:57 PM

    @C_O’S: thanks I needed cheering up and that’s the best laugh I’ve had in ages

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    Mute barney rock
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    Jan 21st 2021, 1:14 PM

    @C_O’S: not in this lifetime

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    Mute Brendan O'Donoghue
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    Jan 20th 2021, 7:42 PM

    James Finnegan from Lordship was Joe Bidens grandfather, I know I researched his family tree, the Blewitts in Ballina are related through great grandparents.

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    Mute D.B
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    Jan 21st 2021, 1:28 AM

    they’ll all be coming out of the woodwork now with their fiddles and harps and highfalutin stories of the bygone days

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    Mute martin
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    Jan 20th 2021, 7:38 PM

    Great for Ballina hope to see the yanks roll in after covid

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    Mute Vonvonic
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    Jan 20th 2021, 7:38 PM

    Biden is from Cork ffs. “Bye then”…Hello???

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    Mute brendan o connell
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    Jan 21st 2021, 12:18 AM

    It’s all horse manure

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    Mute larry duff
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    Jan 20th 2021, 8:03 PM

    Only 170 years late

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    Jan 20th 2021, 7:56 PM

    Rumours have it locally anyway that President Joe Biden has relatives in Taghmon Co Wexford

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    Mute Kevin Maughan
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    Jan 20th 2021, 9:10 PM

    It’s “Wahu”. Not “Whau”!

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