Fintech Scotland has announced a strategic partnership with Techscaler, the Scottish Government’s £42 million tech startup support programme, to drive forward Scotland’s fintech sector development. FinTech…
FinTech Scotland has announced the launch of the Financial Regulation Innovation Lab (FRIL), which it calls “a dynamic initiative set to revolutionise and shape the…
Edinburgh Napier University has announced a strategic partnership with cluster management organisation FinTech Scotland to support the fast-growing industry. The agreement will aim to harness…
FinTech Scotland announced it has secured UK Government funding “to accelerate innovation in Scotland’s fintech cluster” and “advance research and innovation in financial regulation.” FinTech…
Finance Isle of Man announced it has signed a partnership agreement with FinTech Scotland “to promote and develop Insurtech and Fintech capabilities across the two…
TSB announced it is launching an innovation lab called “TSB Labs” in Edinburgh with FinTech Scotland and is inviting fintech small and medium enterprises (SMEs)…
FinTech Scotland said on Tuesday it has made a number of leadership changes with Nicola Anderson becoming acting chief executive as the group “looks to…
Scotland’s fintech industry has seen a 24% increase in jobs to around 10,500 over the past two years as FinTech Scotland, the fintech cluster management…
Scotland has returned to its historic position as the top location for financial services foreign direct investment (FDI) in the UK outside of London, according…
The chief executive of Scottish Financial Enterprise (SFE) — the representative body for Scotland’s huge financial services industry — said SFE’s strategic ambition is for Scotland to…
Scottish fintechs attracted over £305 million in funding in the last 12 months, an increase of over 200% on the previous year. FinTech Scotland announced…
Private equity and venture capital firms invested £895 million into businesses in Scotland in 2021, according to a new report produced by the British Private Equity…
The Scottish Government is developing an aggressive plan to recruit and retain skilled workers from the rest of the UK. As part of a “priority…
A shortage of talent could hamper start-ups in Scotland’s booming financial technology sector, according to senior fintech experts who spoke to the latest Core-Asset Consulting Annual…
PwC announced it is set to recruit more than 100 people into its growing financial services practice in Scotland. “Representing a 10% uplift in PwC’s…
Scotland is still seen as the second most attractive region in the UK after London for international investment into financial services, according to EY’s latest UK…
Royal London has announced the purchase of fintech business Wealth Wizards from Liverpool Victoria, subject to regulatory approval. Royal London is the UK’s largest mutual life,…
FinTech Scotland said on Thursday the number of innovative fintech SMEs (small and medium size enterprises) based in Scotland has grown by more than 60%…
The Scottish Irish Finance Initiative (SIFI) will this week step up its efforts to strengthen collaboration between financial companies in Scotland and Ireland as Scottish Government Minister…
A new fintech hub backed by the UK and Scottish governments and based at Royal Bank of Scotland’s headquarters at Gogarburn, Edinburgh, will open to entrepreneurs…
Scotland’s financial sector needs to speed up its adoption of Financial Technology — or Fintech — to avoid a future banking crisis and to create jobs, according…
Trade body Scottish Financial Enterprise (SFE) has launched “Scotland’s new vision for financial services: a sector growth strategy using our technology and ecosystem advantage.” The plan aims to unlock…
Glasgow-based AlbaCo announced it hired former Scottish Financial Enterprise’s CEO Graeme Jones as its chair. Alba is currently working with the FCA and PRA as…
First Minister Nicola Sturgeon and Scottish Financial Enterprise chair Philip Grant are to co-chair a “refocussed” national board to “ensure the crucial role of financial…
Scottish Investment Operations (SIO) has appointed Standard Life Aberdeen’s Denise Thomas as its new chair to succeed Pauline Burns who has held the position since 2017….
Industry body Scottish Financial Enterprise (SFE) said on Tuesday its chief executive Graeme Jones will retire at the end of this year after five years…
Lloyds Banking Group has unveiled plans to create a new tech hub at its Scottish Widows HQ in Edinburgh to “help transform the digital experience…
Edinburgh-based funds platform Nucleus Financial Group Limited said its shares started trading on AIM on Thursday at a placing price of 183p, giving the firm…
The financial services industry now employs 161,000 people in Scotland and contributes 8.9% of gross value added to the Scottish economy, according to a new…
Edinburgh-based funds platform Nucleus Financial Group Limited on Monday confirmed recent speculation by announcing its intention to apply for admission of its ordinary shares to trading…
The new KPMG Venture Pulse Survey has revealed that venture capital investment in Scottish firms dropped from a record high of £707 million in 2022…
Scottish Enterprise has unveiled its new “future focus” to help unlock thousands of new jobs and billions of pounds of global growth opportunities. The national…
Financial and related professional services exports from Scotland increased 3.1% year on year in 2021 to £9.2 billion, according to a new report from TheCityUK called…
Scotland’s banking sector has agreed on a plan to ensure every Scot is offered a basic bank account. The agreement is part of “Scotland’s new…
Growth capital investor BGF has completed a £4.5 million investment in Stellar Omada, a fast-growing Edinburgh-headquartered technology services company that serves the financial services sector….
Scottish Financial Enterprise (SFE), the member body for Scotland’s large financial and related professional services industry, has launched a major new promotional campaign to attract…
Activity in mergers and acquisitions fell sharply in Scotland in the first half of 2023, with 25% fewer deals being announced and the value of…
Scottish SMEs are spending an estimated 35% of their overheads on international payment fees when using traditional banks, according to a survey by fintech firm Wise….
A prominent recruitment firm for Scotland’s big financial industry has warned that the sector must embrace the wave of transformation resulting from artificial intelligence (AI)…
The value of and volume of venture capital (VC) investment into Scottish businesses slumped in the opening quarter of 2023, according to the latest figures…
Glasgow investment firm N4 Partners has announced the appointment of Gordon Merrylees, the former Managing Director of Entrepreneurship for NatWest, Royal Bank of Scotland (RBS) and Ulster…
Fast-growth businesses in Scotland attracted £506 million of venture capital (VC) investment in the first half of 2022, despite investors becoming more cautious globally, according…
Deloitte announced the appointment of Angela Mitchell as its senior partner for Scotland, the first woman to hold the position. Mitchell has been office senior partner…
Fintech platform Ferovinum has announced its launch into the Scotch whisky industry, backed by institutional capital of £100 million. The fintech business behind Ferovinum — a…
Venture capital investment in Scotland’s fast-growth businesses soared to £181 million in first quarter of 2022, according to KPMG’s Venture Pulse Survey. Scottish scaleups saw…
A “massive” shortfall of candidates and pressure to significantly increase salaries and perks “makes grim reading” for financial services sector businesses in Scotland, according to…
Aberdeen Standard Investments chief economist Jeremy Lawson has outlined what he called the “missed opportunities” of the UK budget. Lawson said the £40 billion worth…
Glasgow-based Beeks Financial Cloud Group, a connectivity provider for financial markets trading, announced it has received a Scottish Enterprise R&D grant to invest in a…
Retirement and investment firm Embark Group has agreed in principle to acquire the advised and partnership client books of Dundee-based Alliance Trust Savings (ATS) from…
Edinburgh-based fintech lending platform LendingCrowd and the Institute of Chartered Accountants of Scotland (ICAS) have signed a strategic partnership that will see LendingCrowd become ICAS’s…
New research confirms that Scotland’s tech industry is one of the fastest growing in the country, contributing £4.9 billion to the Scottish economy and supporting…
Shares of Scottish companies listed on the main FTSE stock market ended June 9.5% higher than they started the year, compared to a rise of…
The average valuation of corporate finance deals in Scotland is on the rise, according to PwC, in spite of economic uncertainty which is expected to…
Scottish fintech lending platform LendingCrowd said on Tuesday it brought together the Scottish Investment Bank (SIB) – the investment arm of Scottish Enterprise – and…
The Scottish Government has outlined an ambitious growth plan which will aim to increase the value of exports from 20% to 25% of Scotland’s GDP…
Sandy Crombie, the former Standard Life CEO and Royal Bank of Scotland senior independent director, has joined Scottish fintech lender LendingCrowd as chairman. Launched in late…
Scotland’s three-time Grand Slam tennis champion Andy Murray has once again invested in early-stage UK businesses as part of his relationship with crowdfunding platform Seedrs. Murray,…
The UK Government’s Scottish Secretary David Mundell confirmed in the House of Commons that the new Scottish Business Taskforce of economic and business leaders will meet…
The European Commission said on Tuesday it opened an “in-depth investigation” to assess whether an alternative package proposed by UK authorities “is an appropriate replacement for…
Royal Bank of Scotland said EU competition officials are considering an alternative plan that would replace the requirement for RBS to sell about 300 of its branches under…
A new Master’s Degree in Financial Technology (Fintech) is to be launched at the University of Strathclyde to support the digital transformation of Scotland’s financial…
Standard Life, Royal Bank of Scotland, Aberdeen Asset Management, Lloyds Banking Group and Virgin Money are among the 72 firms who have signed the UK…
Scotland’s First Minister Nicola Sturgeon on Tuesday unveiled a new £500 million package of financial support for private sector business investment as she set out plans…