TSB is taking applications for fintechs to participate in its third annual TSB Innovation Labs programme – as the bank and Fintech Scotland encourage a new round of fintech collaboration. The scheme helps boost the UK’s fintech sector – as between 10–20 successful applicants will develop their proposition under the guidance of TSB business leaders and experts in TSB’s Edinburgh Tech hub to ready themselves for market. 

In brief:

-Under the programme, winning fintechs will officially partner with TSB to offer innovative services and money-saving solutions to customers, as the Bank expands its fintech partnership programme. 

- This year, TSB is encouraging fintech applicants to develop propositions across four areas: Money Confidence, Inclusive Services, Delivering Differently and Wildcard

-The programme, hosted in TSB’s Edinburgh Technology Centre, will run until the end of the year. 

What does this mean?

Nicola Anderson, Chief Executive, Fintech Scotland said: “We are excited to join forces with TSB once again to discover and accelerate some of the most innovative fintech companies. This initiative not only reinforces TSB's commitment to fostering fintech collaboration but also its involvement in developing the fintech ecosystem in Scotland and across the UK.”