Tagged: scotland

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

Fintech Scotland Partners Fintech Alliance to Bring Together UK-based and Global Financial Technology Ecosystem Participants

Fintech Scotland, an independent entity that aims to support the local financial technology-focused community and cluster in the country, has teamed up with Fintech Alliance, a platform that intends to bring together UK-based and global Fintech industry participants. The partnership between the two organizations will… Read More

Update: Innis & Gunn’s Latest Seedrs Round to Close With More Than £3.2 Million Raised

Scottish brewery Innis & Gunn is set to close its latest equity crowdfunding campaign on Seedrs with more than £3.2 million secured. Through the campaign, which originally launched in December, the brewery sought to raise a minimum of £3 million. Innis & Gunn is claiming… Read More

Overfunding: Innis & Gunn’s Latest Equity Crowdfunding Round Surpasses £3 Million Funding Target on Seedrs

Just days before its equity crowdfunding campaign on Seedrs is set to close, Scottish brewery Innis & Gunn successfully secured its initial £3 million funding target. The campaign launched in November and has attracted more than 2,100 Seedrs investors. As previously reported, Innis & Gunn claims… Read More

Royal Bank of Scotland Debuts £7 Million Fund to Support Scottish Organizations & Communities

The Royal Bank of Scotland recently announced it has launched a new £7 million program to help support communities and organizations across Scotland. The banking group reported that the Royal Bank 300 Fund has been set up to mark the bank’s 300th anniversary in 2027… 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

ShareIn Adds Property Crowdfunding Platform Shoijin Property Partners to List of Users

ShareIn, an Edinburgh based Fintech that powers online capital formation, has won a major client, according to the company. The win aligns with the launch of its new modular approach to investment crowdfunding. ShareIn has signed up Shojin Property Partners, a property crowdfunding platform that… Read More

Number of Fintech Firms in Scotland Increases By 60% from 72 to 119 Companies

The number of financial technology (Fintech) companies operating in Scotland has reportedly increased by 60% over the past year. According to Fintech Scotland, there are 119 Fintech-focused businesses based north of the border, which is significantly greater than 72 financial technology companies from the previous… Read More

LendInvest Expands Into Scotland with Buy-to-Let Offering

Online property finance platform LendInvest has announced the expansion of its services into Scotland. LendInvest will offer Buy-to-Let property financing as the “Scottish property market booms.” LendInvest states that recent research shows that property prices in Scotland have soared to an 11 year high, with… 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

FinTech Scotland Announces Consumer Panel Launch to Support Fintech Business Development

FinTech Scotland announced on Friday the launch of its new consumer panel to support fintech business development. According to FinTech Scotland, the panel will connect consumer and citizen advocate groups into the fintech ecosystem with the emphasis on citizen financial inclusion, problem-solving, and innovation.   “The… Read More

Legaltech Monax Uses Blockchain to Help SMEs, Targets Real Estate Industry & More

Monax is a blockchain based platform that seeks to lead the sector regarding “digital legal infrastructure.” While finance may be the immediate focus for much of the blockchain industry, other early-stage firms are using the tech to improve a diverse sector of businesses. Edinburgh-based Monax… Read More

Fintech Scotland Announces the Country’s Fintech Community Now Exceeds 100 Enterprises

FinTech Scotland announced on Thursday the fintech community in Scotland has now increased to over one hundred innovative firms focused on re-inventing financial services through new technology and data. According to the organization, this increase continues the momentum from the start of the year when… Read More

Scotland: LendingCrowd Launches Two New Features to Help Investor Diversification

LendingCrowd, the only online lending platform based in Scotland, has launched two new features designed to boost diversification for investors’ portfolios. LendingCrowd states that investors in their Growth Account and Income Account, both available as an IFISA, can already create diversified portfolios of loans to… Read More

Royal Bank of Scotland Announces Online Investment Service

Royal Bank of Scotland (RBS) announced on Wednesday the launch of its online investment service. According to the banking group, the Royal Bank Invest offers customers an opportunity to invest online from  £50, on a self-select or Automated Advice basis. Customers will be able to… Read More

Scottish Man Who Bought Gun and Ammo on Dark Net Using Bitcoin Jailed for Five Years

A man who spent $2570 USD in Bitcoin buying a Glock 9 mm gun, a silencer and 150 rounds of ammunition on the Dark Net has been sentenced to five years in prison by a judge in Scotland, Bloomberg reports. David Mitchell, 48, whom the… Read More

Say Hello to IOHK’s New Cardano Blockchain Tools, Plutus and Marlowe

IOHK, a blockchain research and development company, has introduced two new tools developed for writing smart contracts for use on the Cardano blockchain. Plutus and Marlowe launched in test format at the first (and currently live) PlutusFest conference in Edinburgh, Scotland. These tools aim to enable… Read More

Crowdfunder UK Set to Launch Crowdfund Scotland Program

Crowdfunder UK, along with the support of nine Scottish LEADER areas, announced on Monday it is now supporting crowdfunding projects across Scotland through the new Crowdfund Scotland program. According to Crowdfunder UK, Crowdfund Scotland will provide coaching and support for projects in the nine participating… Read More

UK P2P Lender Assetz Capital Announces New Office For Scotland Team

UK-based peer-to-peer lending platform Assetz Capital recently announced the opening of the office for its Scotland team. According to the lender, the Scotland team has moved into new office premises based in the heart of Edinburgh. While sharing details about the new location, John Hewitt, who heads… Read More

FinTech Scotland Announces Board Members

FinTech Scotland announced on Thursday its new board members, who will work with CEO Stephen Ingledew and the FinTech Scotland team to oversee the strategic plans for making Scotland a “top five” global fintech center. The board member announcement comes just one month after FinTech… Read More

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