At the European Digital Finance Association (EDFA), our mission is clear: to establish Europe as a global leader in financial technology. As the independent industry body that represents the digital finance community, we are dedicated to fostering innovation, removing barriers, and creating a unified environment where fintech can thrive. Our work focuses on four key pillars that will help us achieve this goal and transform the future of finance.

A Unified Digital Single Market for Financial Services

We envision a Europe where financial services are as seamless as they are borderless. Currently, fragmentation within the European Union can hinder the growth and scalability of fintech companies. To overcome this, we are advocating for a digital single market that allows financial service providers to operate freely across the EU. This will empower businesses to expand their reach effortlessly and give consumers access to the best services available. By eliminating barriers between countries, we are working to create a more competitive and dynamic financial ecosystem that benefits all stakeholders.

An Innovation-Friendly Regulatory Framework

Innovation is essential to the future of finance, but it must exist alongside safety and certainty. At EDFA, we believe that regulations should not stifle innovation but rather support it. That is why we work to shape policies that create a secure environment where consumers can benefit from cutting-edge financial products while ensuring that fintech providers and investors have the clarity and stability they need. 

An Open Data Ecosystem

Open data is the backbone of technological advancement in the digital finance sector. It drives innovation by allowing financial service providers to develop groundbreaking products that meet the evolving needs of consumers and businesses. At EDFA, we are committed to creating an infrastructure that supports the open sharing of data, ensuring that all players in the fintech space, regardless of size or origin, can compete on equal footing. By promoting an open data ecosystem, we aim to create a level playing field where innovation can flourish and new ideas can be brought to life more efficiently.

Global Competitiveness for European Companies

Europe’s fintech sector is brimming with potential, and it deserves to shine on the global stage. To help European FinTech companies compete internationally, we are focused on enhancing the investment climate and advocating for legislative changes that improve the competitiveness of the European market. Our work ensures that European fintech businesses have the tools and support they need to grow and succeed on the world stage. By driving international expansion and fostering partnerships, we are positioning European fintech as a force to be reckoned with globally.

At EDFA, our commitment goes beyond mere representation. We are true catalysts for transformation in the digital finance industry. We understand the importance of creating an environment that encourages innovation while also ensuring that the benefits of this transformation extend to both businesses and consumers. By shaping the regulatory landscape and advocating for policies that support growth, we are helping to build the financial ecosystem of the future. Together, we are shaping the future of finance and ensuring that Europe remains at the forefront of the global digital finance revolution.