Beeks Financial Cloud to create jobs in Glasgow

March 03, 2020 | FinTech

Written by FinTech Alliance

Beeks Financial Cloud to create jobs in Glasgow

FinTech firm Beeks has outlined growth plans after recent success.

In Brief:

  • It posted a near 50% increase in first half profits.

  • Beeks made an underlying profit of £0.6mn in six months up to 31 December, compared to £0.41mn the previous year.

  • Recently the firm signed a threeyear deal worth £1.1mn and an annual deal worth £0.8mn.

What does this mean?

Beeks is headquartered on the outskirts of Glasgow and will increase activity at its Hillington base. The company has outlined it will create 17 new posts there – it was awarded a £2mn research and development grant by Scottish Enterprise in January.

Read more here.

 

More in FinTech

Revolut launches in Australia
FinTech
August 11, 2020

Revolut launches in Australia

FinTech Alliance company Revolut has launched its card and app in Australia today. In Brief:...

Curve applies for £10mn BCR funding
FinTech
August 11, 2020

Curve applies for £10mn BCR funding

FinTech Alliance company Curve has applied for £10mn from the Banking Competition Remedies Fun...

Cashback FinTech Tail acquired by London incubator
FinTech
August 10, 2020

Cashback FinTech Tail acquired by London incubator

Tail has been acquired by Quantum Group, a FinTech incubator. In Brief: Tail provides ca...

FinTech
July 29, 2020

Unleashing the potential of FinTech in banking

The FinTech industry attracted over US$13.1b in VC-backed investments in 2016, about five times...

FinTech
May 27, 2020

West Midlands FinTech Ecosystem Report 2020

This report focuses primarily on the activity in the geographical area covered by the West Midlands...

FinTech
May 27, 2020

Fintech Banking Spotlight on Capital Structure

Fintech Sector: Capital Structure Observations • As the global economy starts to digest the...

Tech for Growth: Overcoming Barriers to Scale in Emerging Markets

Tech for Growth: Overcoming Barriers to Scale in Emerging Markets

When: Aug 13th, 2020
Where: Webinar, London , UK
Price: FREE
FinTech North Manchester Vulnerable Customers Forum

FinTech North Manchester Vulnerable Customers Forum

When: Sep 18th, 2020
Where: Webinar, London , UK
Price: FREE
FinTECH4Life

FinTECH4Life

When: Nov 16th - Nov 17th, 2020
Where: The Brewery, London
Price: £999