Tagged: edinburgh

Edinburgh Fintech Aveni Acquires Investment to Support AI and Natural Language Processing Platform for Business Speech Analytics

Scottish Fintech firm Aveni has acquired a £1.1 million investment in order to establish an AI platform which is focused on supporting speech analytics for modern businesses. Aveni Detect reportedly uses the latest artificial intelligence and natural language processing (NLP) technologies in order to fully… Read More

Crypto Wallet and Payment Fintech Zumo Confirms its Key Signatory Status of Crypto Climate Accord

Zumo confirmed on Monday (June 7, 2021) its key Signatory status of the Crypto Climate Accord (CCA), an international initiative that has been launched to harness the collective efforts of the crypto and blockchain sector to support the industry’s gradual transition to 100% renewable energy… Read More

Trillion Dollar Wealth Manager Addepar Expands Business Operations with New Edinburgh, Scotland Office

Addepar, a U.S.-based wealth manager with $2.5 trillion of assets on its platform, says its goal has always been to offer investors and advisors with the data required to “optimize” how the world’s capital is “put to work.” The Addepar team noted in a recent… Read More

London Fintech Paymentsense Reports Many New UK Businesses being Launched in 2020 Following COVID Outbreak

London-based Fintech firm Paymentsense, which helps small businesses take card payments, has published a 2021 UK job market report that covers how the COVID-19 outbreak has led to new business growth. During the past year, UK residents have beeen investing in their “ambitions,” by launching… Read More

ShareIn, an Edinburgh based Fintech that Powers Online Capital Formation, to Offer New Crowdfunding Product

ShareIn, an Edinburgh based Fintech that powers online capital formation, will be providing a new crowdfunding product in response to growing demand from its clients, according to the company. This, as the white labelling platform begins to pivot away from its role of serving as… Read More

Lloyds Banking Group and Fintech Scotland to Support High-Potential Startups and Early-Stage Businesses

Lloyds Banking Group, which owns the Bank of Scotland, has introduced the next phase of its plan to support Scotland’s Fintech workforce. According to Lloyds, Scotland has the fastest-growing digital economy after London. The Lloyds Banking Group will be working cooperatively with Fintech Scotland in… Read More

UK Challenger Bank TSB Partners with Wealthify to Launch an Investment Program

UK-based challenger bank TSB will be teaming up with Robo-advisory firm Wealthify in order to launch its first investment program. TSB, which claims around 5 million customers, will allow users to follow a link within the TSB app or its Internet banking platform so that… Read More

Scotland’s Digital and Fintech Job Market Might Be Recovering after Experiencing Issues due to COVID-19

The digital technology sector in Scotland has reportedly been growing as fast (if not faster) than that of London and the South East for the past few years. E-commerce giant Amazon is now planning to create new jobs for the residents of Dundee and Fife…. Read More

Fintech Scotland Secures £22.5 Million of Innovation Funding For the Global Open Finance Centre of Excellence

Fintech Scotland announced on Friday it secured  £22.5 million innovation funding for the Global Open Finance Centre of Excellence (GOFCoE) to be established in Edinburgh and the Central region. According to the organization, GOFCoE will provide a trusted environment for participants from around the world… Read More

Edinburgh Fintech Aveni to Offer CRM, Video Conferencing and Natural Language Processing Tools to Streamline Financial and Professional Services Businesses

Edinburgh-based Fintech Aveni is planning to improve how businesses interact with their clients by automating customer relations management (CRM), fact-checking, risk monitoring and assessment, and adviser prompts. The company has secured £520,000 in seed funding through a round led by the Tricapital angel syndicate. The… Read More

Regtech: Glasgow-based AutoRek Partners with Nationwide to Offer Data Management and Cloud-powered Financial Controls

Glasgow-headquartered AutoRek, a firm that provides financial controls and regulatory reporting software, has teamed up with Nationwide to offer a data management solution and cloud-powered financial controls for a three-year period, with a two-year extension plan. Gordon McHarg, managing director at AutoRek, stated: “I am… Read More

Edinburgh-based TSB Bank to Establish New IT Center to Support Digital Banking Services as Part of $156 Million Investment

TSB has confirmed that it will establish a new IT center based in Edinburgh, in order to support the launch of digital banking services, as part of a £120 million (appr. $156 million) investment – which is expected to create around 100 new technology jobs,… Read More

UK-based Fintech Modulr Says It’ll Invest Most of Its £20 Million Funding in Scotland’s Financial Tech Sector

London-based Fintech firm Modulr revealed on October 30 that it’s planning to invest most of its £20 million in funding in Scotland’s financial technology sector, in order to promote innovation and support the nation’s role as a leading tech hub. Modulr’s investment-related decision has come after… Read More

Edinburgh Napier University Announces Launch of Dedicated Fintech Course

Edinburgh Napier University announced on Wednesday the launch of a new dedicated course for its Master’s degree in Fintech. The University reported that its Business School already has various courses to offer at both undergraduate and postgraduate levels, and the addition of the new fintech… Read More

Downing Crowd: Crowd Bonds + Care Homes= £2.5 Million Raise

Crowd Bonds, a type of debt-based crowdfunding, are gaining traction in the healthcare investment sector with a particular focus on high quality care homes, according to UK crowdfunding platform Downing Crowd. Downing Crowd itself has launched a new £2.5 million Crowd Bond for two established care… Read More

Royal Bank of Scotland Plans Edinburgh Fintech Accelerator

Royal Bank of Scotland has announced plans to open a fintech accelerator and relationship hub for startups at its Gogarburn headquarters in Edinburgh. For the past year, the bank’s newly-refitted Gogarburn building has been home to an Entrepreneurial Spark Business Accelerator Hub, including a ‘Hatchery’ for… Read More

The UK Faces A Once-In-A-Century Chance To Be A Technology Leader, Writes Financial Times Correspondent

Aided by factors such as a record high number of registered businesses in the UK–5.2 million; a national interest in entrepreneurship; and SMEs accounting for just over 60 percent of private sector employment, according to the Department for Business, the UK has the chance to increase its… Read More

Edinburgh FreeAgent Captures Over £1M During Seedrs Initiative

Back in May, Edinburgh-based cloud accounting provider, FreeAgent, took to equity crowdfunding platform Seedrs with a mission to raise funds for its vision of “Democratising Accounting.” Since its launch in 2007, FreeAgent has grown into an established, highly-regarded technology innovator, with customers in 100 countries and… Read More

Crowdcube Announced: Scottish Firms Have Successfully Raised £1.5M Through Its Crowdfunding Platform

Last fall, equity crowdfunding platform Crowdcube announced the launch its new office in Edinburgh, Scotland. The new location was help support existing clients in the region and due to the strong growth in number of new businesses being established in the country. CEO of Crowdcube,… Read More

Edinburgh’s Gluten-Free Bellfield Brewery Seeks £150,000 For New Brewery Through Crowdcube

Seeking to bring its gluten-free beers concepts to life, Bellfield Brewery recently launched an equity crowdfunding campaign on Crowdcube to help fund its dedicated gluten-free brewery in Edinburgh. According to its campaign, the new craft brewery with a mission: to make Gluten Free (GF) beers and lagers… Read More

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