Scotland focuses on fintech growth with a series of events

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A series of fintech events have been launched to support Scotland’s plan to create over 20,000 fintech-related jobs and increase economic value to over £2bn over the next 10 years.

The series, created by FinTech Tables with the support of FinTech Scotland and global law firm Pinsent Masonswill focus on stakeholder collaboration and engagement to assist in the development and delivery of the FinTech Scotland Research and Innovation Roadmap.

Fintech is booming in Scotland, with over 200 fintech companies and increasing levels of investment. The R&I roadmap sets the foundations for doing more – targets include creating 20,000 additional fintech-related jobs and increasing economic value from £598m to over £2bn over the course of the next decade.

The series

Events, including industry roundtables and panel discussions, will provide a platform to discuss the four key pillars of the roadmap; financial regulation, payments and transactions, climate finance and open financial data.

A grand opening event is scheduled for September with speakers from Pinsent Masons, Autorek and the University of Strathclyde already lined up to discuss the role of technology and data in financial regulation.

Nicholas AndersonChief Executive of FinTech Scotland, said: “This series of Roadmap events continues to show the demand and ambition across Scotland to play a leading role in shaping the future of fintech innovation and to enable the future of finance that will meet the needs of citizens and businesses as we continue to see the digital economy grow and emerge.

Fintech innovation in Scotland is already showing a future that can generate better outcomes for all of us. By developing more collaboration and embracing our strengths, in innovation, finance and technology, we will continue to play a leading role in advancing finance around the world.

Ian Davey, founder of Fintech-Tables, added: “FinTech in Scotland is a movement and what makes this sector unique is the willingness and desire of the whole ecosystem to come together and work for the most great good for the cluster and the people of Scotland as a whole.

“This first-of-its-kind series of events will provide a platform for engagement around the FinTech Scotland Research and Innovation Roadmap and an opportunity for the industry to act as a group to help shape the future of Fintech in Scotland through collaboration, innovation and inclusion”

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