UK fintech rockets to £24 billion valuation after fundraising round
A UK digital banking app is worth £24 billion after its latest funding round – making it the nation’s most valuable private tech startup ever. London-headquartered Revolut, which has more…
70% of Scottish financial services staff want two days maximum in the office post-Covid
The vast majority of Scottish financial staff – 70 per cent – would prefer to work two days maximum per week in the office following the pandemic, according to new…
Edinburgh fintech firm seals multimillion-pound investment to launch ‘groundbreaking’ AI tool
An Edinburgh financial technology company has secured an investment of £1.1 million to launch a “groundbreaking” artificial intelligence (AI) platform for speech analytics in business. Aveni Detect uses the latest…
Scottish insurance technology startup plots US expansion after doubling revenue in one year
A Dundee-based insurance technology startup backed by one of Scotland’s most well-known tech entrepreneurs is gearing up for US expansion after it doubled revenue to £2.25 million in its second year…
FinTech Scotland launches roadmap to encourage economic growth
A new roadmap to support the growth of Scotland’s digital economy and the development of financial technology is being launched by a leading financial organisation. FinTech Scotland, a not-for-profit which…
Scotland classified as ‘large and established’ cluster in new UK Government fintech report
Scotland hosts the third largest volume of fintech companies in the UK according to a new government report. The Edinburgh to Glasgow corridor has been identified as one of the…