FinTech Scotland

They exist to create an integrated Fintech ecosystem through provision of funding, support, infrastructure and talent that recognises and responds to the needs of all stakeholders. They believe that making Scotland a fintech capital will lead to business creation and growth, a stronger economy and more jobs. In addition, their aim is to strengthen the societal benefits from fintech developments, believing in the opportunity for retail consumers to benefit. Whilst financial technology is not something new, fintech is a movement. In the past technology in financial services has been used to reduce cost, automate tasks, increase efficiency and ultimately increase profit. With fintech, technology is used to support customer needs, providing them with transformational solutions that mean less friction, better access, more inclusion and in the end a stronger and fairer society. In this respect they believe Scotland is ideally placed with many fintech firms focussing on fixing societal issues.