EeedenBull, a FinTech startup from Norway, has established a hub in Edinburgh.
The move will create 20 jobs initially.
The hub will help develop products and services for the digitisation of banking.
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.