Tagged: scotland

Edinburgh Fintech Origo: Startups Being Restricted by Aggressive Recruitment Market

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An aggressive recruitment market may hinder startups operating in Scotland’s fast-growing Fintech industry, according to Fintech sector professionals (from Origo). Supported by a £300 million UK Government investment this past August, Edinburgh’s Fintech sector consists of various financial services innovators, however, newcomers seeking out new… Read More

UK’s Landbay Says Buy to Let Sector Needs Extensive Knowledge Base for Advisers, Experienced BDMs

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The team at Landbay notes that they believe that as an established lender, they must be able to demonstrate that they’re using the latest technology and continue to enhance the service they provide. Their online platform stands out “as one of the most advanced in… Read More

LendInvest Shares Themes which Could Dominate Residential Bridging Market in 2022

Punting Scudamores Cambridge England UK

The team at UK’s LendInvest, a leading property finance platform, notes that January was a busy month for their bridging department. LendInvest, which recently topped £2 billion in AUM, also mentioned that their free valuation offer “drove enquiry and application growth as developers and investors… Read More

UK’s Landbay Expects Remortgage Activity to Be Very Strong in 2022

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Leaving the Coronavirus outbreak to one side, the BTL sector is in “good health,” according to an update from Landbay. The value of the private rented sector (PRS) in England, Wales and Scotland surged by 5.8% to £1.4 trillion during the past year, according to… Read More

Fiduciam, the Institutionally-Funded Short-Term Lender to Housebuilders, Is Planning Major Expansion in Scotland

Eileen Donash Castle Scotland

Fiduciam, the institutionally-funded short-term lender to housebuilders and entrepreneurs, is planning an expansion of its operations in Scotland for 2022. A new Scottish team has been formed with a nationwide lending appetite and a target to achieve £55 million of lending this year. Fiduciam is… Read More

Real Estate Report: Typical UK House Prices have Surpassed £250K for First Time Ever

Westminster London England UK

The Nationwide House Price Index for the UK reveals that the price of a typical home has exceeded £250,000 “for the first time.” As noted in a blog post by Blend Network, the annual house price growth “remained close to double digits for the sixth… Read More

Real Estate Report: UK’s Annual House Price Growth Stayed in Double Digits in Sept 2021

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The Nationwide House Price Index (in the UK) reveals that the annual house price growth remained steady in double digits for the fifth straight month in September 2021. However, it eased back to 10.0% from 11.0% in August, the Blend Network team notes. The UK-based… Read More

Assetz Capital Says they’ve Seen More Commercial, Investment Mortgages from Borrowers Not Being Served by Traditional Lenders

Gate Entrance Kensington Palace London UK

Lucie Martin, Relationship Director at Assetz Capital, a marketplace lending platform originating secured loans, reveals that she joined the company in November 2019. Martin shared in a blog post by Assetz Capital that she provides term and developments loans to borrowers across Scotland. While commenting… Read More

UK’s P2P Property Backed Investment Platform Sourced Capital Shares Common Strategies Used by Borrowers, Investors

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The team at UK-based Sourced Capital, the home of property-backed peer to peer investing, notes that when you’re deciding to invest into property, selecting the appropriate location is a good place to begin, and the type of property investment strategy that Sourced Capital’s Borrowers choose… Read More

Real Estate Report: Northern Ireland was Best-Performing UK Region, with Scotland, West Midlands Housing Prices Also Rising

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According to the Nationwide House Price Index in the UK, the price of the average house in the country surged by 13.4% YoY in June 2021, which is the largest increase seen in more than 17 years – since November 2004, the Blend Network team… Read More

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

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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

Fintech Shrap, Provider of Change Card and App for Replacing Coins, Launches Pilots in the UK

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A newly launched change card and app developed to replace coins by Fintech firm Shrap has introduced its pilot program – with the first two testing initiatives currently underway in Rochford in Essex and Denny in Scotland as part of the United Kingdom’s Community Access… Read More

Investment Platform Service Provider ShareIn Sees Growth in Investments Aligned with Interests

Jude Cook

ShareIn, a platform as a service provider enabling online capital formation, sees “stellar growth” in investors seeking out investments that match their beliefs. ShareIn can power online investment platforms for interest-focused firms looking to support environmental infrastructure, Shariah-compliant finance for SMEs, charities, as well as… 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

Crypto Wallet and Payment Fintech Zumo Launches B2B “Crypto as a Service” Offering

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Zumo, a crypto wallet and payments Fintech based in Edinburgh, Scotland, has announced ZumoKit – a crypto as a service platform. The new B2B product is targeting Fintechs and financial institutions that wish to offer cryptocurrencies in a compliant way to meet the demand of… Read More

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

Eileen Donash Castle Scotland

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

Singapore based Remittance Firm TranSwap to Move into UK Markets with Plans to Establish R&D Centre in Edinburgh

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Singapore-based remittance firm TranSwap has reportedly decided to make a move into the United Kingdom with plans to establish an Edinburgh research and development (R&D) center that will employ over 50 professionals. Currently operating in Hong Kong, Indonesia and Malaysia, TranSwap’s management noted that the… Read More

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

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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

Virgin Money Teams Up with Fintech Waracle to Support Development of Bank’s Business Current Account

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Virgin Money has teamed up with app development firm, Waracle, in order to support the implementation of its digital proposition for the new Virgin Money Business current account. The Dundee-headquartered mobile and online solutions business has become well-known for its design and development of digital… Read More

FinTech Scotland Forms Strategic Partnership With Check Point Software

Eileen Donash Castle Scotland

Check Point Software (NASDAQ: CHKP), a global provider of cyber-security solutions, announced on Tuesday it has become a strategic partner of FinTech Scotland, an independent not-for-profit body jointly established by the private sector and the Scottish Government. Check Point solutions bring a practical boost to… Read More

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