Scotland’s fintech cluster has seen a 24% increase in jobs within fintech enterprises.
In brief:
- FinTech Scotland also reports an increase in enterprises scaling through collaboration with large financial institutions.
- 38 international fintechs have included Scotland in their development plans, including AccessFintech, Clearwater Analytics, Two Hands, and Mail Metrics.
- FinTech Scotland has further plans in 2024 to support fintech SMEs to scale, maintaining a focus on investment, international connection, and impactful collaborative partnerships.
What does this mean?
Nicola Anderson, CEO of FinTech Scotland, said: “As we mark Fintech Scotland’s sixth anniversary, we’re focused on building on the strong foundations that are enabling Scotland to continue to realise its fintech potential. Seeing the increase in SMEs and the growth in jobs is a testament to the fintech businesses and the commitment from all involved in the FinTech Scotland Cluster. It spurs us on as we look to the year ahead and continue to focus on growth, the fintech community, and supporting Scotland to achieve its ambition as global fintech leader.”
