FinTech Scotland has been recognised as a Leading Fintech Cluster Management Organisation in Europe.
In Brief:
The accreditation is from the European Secretariat for Cluster Accreditation (ESCA).
It's the highest level achieved by a FinTech body in the UK and Europe.
It follows the achievement of the FinTech hub’s bronze award in January 2020.
What does this mean?
The ESCA gave several reasons for the accreditation, including but not limited to the growth of FinTech SMEs by 22%, increased collaboration between businesses, and the new Research and Innovation Roadmap.