EeedenBull, a FinTech startup from Norway, has established a hub in Edinburgh.
In Brief:
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The move will create 20 jobs initially.
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The hub will help develop products and services for the digitisation of banking.
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EedenBull has offices in its home of Oslo as well as London, Dubai and Singapore.
What does this mean?
The move follows a Regional Selective Assistance Award from Scottish Enterprise, a sponsored public body which is currently encouraging the development of FinTech in the country. So far, 10 overseas FinTechs have set up shop in Scotland over the past 18 months.
