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FinTech Scotland and Smart Data Foundry have joined forces to launch a UK Fintech innovation challenge in collaboration with some of the leading UK banks. This innovation challenge seeks to find innovative solutions that will support and strengthen the relationships between Financial Institutions and their SME clients.  Successful applicants will be able to access a…

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Photo of NatWest Group chief executive Alison Rose and Edinburgh University principal Peter Mathieson. Image by Adam Hollingworth.

The Data-Driven Innovation hubs Edinburgh Futures Institute and the Bayes Centre are to lead the creation of a new centre for purpose-driven banking. The centre is a partnership between NatWest Group and the University of Edinburgh, and will draw on expertise from more than 100 academics across the whole of the university. The centre builds…

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FinTech Scotland has secured UK Government funding to accelerate innovation in Scotland’s fintech cluster. The funding will advance research and innovation in financial regulation. The FinTech Scotland initiative in partnership with industry partners, and with Strathclyde and Glasgow universities includes the creation of a new collaborative centre of excellence, called The Financial Regulation Innovation Lab.…

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Image of Nicola Anderson, FinTech Scotland's new CEO

FinTech Scotland, the cluster management body, has announced a new strategic partnership with Morgan Stanley, further strengthening the growth of the financial technology innovation and excellence across Scotland and accelerating the fast-growing sector’s global connectivity. Morgan Stanley joins FinTech Scotland’s existing strategic partners including financial services firms, academia, technology solution providers and public sector organisations,…

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FinTech Scotland announces, on its fifth birthday, a further increase in the number of entrepreneurial fintech SME firms as well as a record-breaking new investment funding for the year. In the last 12 months, Scottish fintechs received over £305m in funding supporting their growth and development, representing an increase of over 200% on the previous…

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Image of Nicola Anderson, FinTech Scotland's new CEO

FinTech Scotland, the cluster leadership body, has confirmed the appointment of Nicola Anderson as the new chief executive officer Nicola has been on secondment from the FCA for two years and most recently been the interim chief executive when Stephen Ingledew stepped into a new position of Executive Chair in November 2020. Prior to joining…

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Icebreaker one calls for partners to collaborate on groundbreaking project   Icebreaker One is announcing the launch of the first phase of Project Cygnus, a major new initiative to support regions and countries in their economic recovery from Covid-19 while accelerating their net-zero carbon emission goals. Project Cygnus has been selected to receive funding as…

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World-first collaboration between University of Edinburgh, FDATA and Fintech Scotland receives grant from UK Government The Smart Data Foundry, an independent collaboration between governments and regulators, the financial services industry and academia, has been awarded a £22.5m grant from UK Research and Innovation’s Strength in Places Fund. The Smart Data Foundry is a world-first which…

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